IVV vs PYPY
iShares Core S&P 500 ETF vs YieldMax PYPL Option Income Strategy ETF
Which is better, IVV or PYPY?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y, 3Y 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 | PYPY |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.31% |
| AUM | $876.4B | $22M |
| Dividend Yield | 1.06% | 66.00% |
| Holdings | 508 | 9 |
| YTD Return | +12.51%Best | -9.53% |
| 1Y Return | +17.57%Best | -22.04% |
| 3Y Return (annualized) | +21.27%Best | -1.29% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.4%Best | 31.0% |
| Max Drawdown | -18.8%Best | -53.6% |
| $10,000 over 3 years | $18,763Best | $9,618 |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Sep 25, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 26, 2023 to Sep 11, 2026 (3 years).
IVV vs PYPY 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 3 years both funds cover.
IVV vs PYPY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and YieldMax PYPL Option Income Strategy ETF (PYPY) is an ETF from YieldMax ETF. Over the past year IVV returned +17.57% while PYPY returned -22.04%. Year to date, IVV is up 12.51% versus a loss of 9.53% for PYPY.
Over three years, IVV compounded at +21.27% per year against -1.29% for PYPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PYPY has been the more volatile fund, with annualized monthly volatility of 31.0% compared with 12.4% for IVV. 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 -53.6% for PYPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while PYPY charges 1.31%. On a $10,000 position that is $3 vs $131 annually, a gap of $128 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 66.00% for PYPY.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 2 in PYPY, totalling 100.0% and 26.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 2 in PYPY, against full books of 508 and 9.
You are not choosing between two funds in isolation.
Whichever of IVV and PYPY 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 PYPY?
IVV has an expense ratio of 0.03% while PYPY charges 1.31%. IVV is the cheaper option, by $128 a year on a $10,000 investment.
Which performed better, IVV or PYPY?
Over the past year IVV returned +17.57% vs -22.04% for PYPY, 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 PYPY?
PYPY has been the more volatile fund at 31.0% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs PYPY -53.6%.
Should I hold both IVV and PYPY?
IVV and PYPY have a monthly-return correlation of 0.29, 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 PYPY?
IVV yields 1.06% while PYPY yields 66.00%, so PYPY currently pays the higher dividend yield.
Is PYPY better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.