IVV vs PSH
iShares Core S&P 500 ETF vs PGIM Short Duration High Yield ETF
Which is better, IVV or PSH?
Large Cap Blend against Short Term High Yield Bond.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PSH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $876.4B | $186M |
| Dividend Yield | 1.06% | 6.99% |
| Holdings | 508 | 474 |
| YTD Return | +11.03%Best | -1.95% |
| 1Y Return | +15.62%Best | -1.51% |
| 3Y Return (annualized) | +20.81% | - |
| 5Y Return (annualized) | +12.61% | - |
| Volatility (annualized) | 11.9% | 8.6%Best |
| Max Drawdown | -18.8% | -14.0%Best |
| $10,000 over 2.7 years | $16,272Best | $9,831 |
| Fund Family | iShares by BlackRock (US) | PGIM Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term High Yield Bond |
| Inception | May 15, 2000 | Dec 14, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 19, 2023 to Sep 16, 2026 (2.7 years).
IVV vs PSH growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
IVV vs PSH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and PGIM Short Duration High Yield ETF (PSH) is an ETF from PGIM Investments. Over the past year IVV returned +15.62% while PSH returned -1.51%. Year to date, IVV is up 11.03% versus a loss of 1.95% for PSH.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 8.6% for PSH. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -14.0% for PSH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while PSH charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.99% for PSH.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 347 in PSH, totalling 99.3% and 76.3% of the two funds. That is not enough of PSH to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 347 in PSH, against full books of 508 and 474.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PSH | Difference |
|---|---|---|---|
| GENGenon Hldgs Class A | 0.03% | 0.46% | 0.43% |
You are not choosing between two funds in isolation.
Whichever of IVV and PSH you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PSH?
IVV has an expense ratio of 0.03% while PSH charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or PSH?
Over the past year IVV returned +15.62% vs -1.51% for PSH, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSH?
IVV has been the more volatile fund at 11.9% annualized versus 8.6% for PSH. Worst drawdown: IVV -18.8% vs PSH -14.0%.
Should I hold both IVV and PSH?
IVV and PSH have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PSH?
IVV yields 1.06% while PSH yields 6.99%, so PSH currently pays the higher dividend yield.
Is PSH better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.