IVV vs QEMM
iShares Core S&P 500 ETF vs State Street SPDR MSCI Emerging Markets StrategicFactors ETF
Which is better, IVV or QEMM?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, QEMM over 1Y.
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 | QEMM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $850.0B | $54M |
| Dividend Yield | 1.09% | 4.64% |
| Holdings | 1,018 | 845 |
| YTD Return | +8.54% | +11.86%Best |
| 1Y Return | +10.97% | +15.27%Best |
| 3Y Return (annualized) | +20.51%Best | +16.00% |
| 5Y Return (annualized) | +10.97%Best | +6.16% |
| Volatility (annualized) | 14.8% | 14.5%Best |
| Max Drawdown | -33.9%Best | -40.5% |
| $10,000 over 5 years | $16,828Best | $13,484 |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 4, 2014 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 5, 2014 to Nov 6, 2026 (12.4 years).
IVV vs QEMM 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 12.4 years both funds cover.
IVV vs QEMM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an ETF from State Street Investment Management. Over the past year IVV returned +10.97% while QEMM returned +15.27%. Year to date, IVV is up 8.54% versus a gain of 11.86% for QEMM.
Over three years, IVV compounded at +20.51% per year against +16.00% for QEMM; over five years the annualized figures are +10.97% and +6.16% respectively. Across the full 12-year window we track, IVV has the edge at +12.00% annualized vs +3.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.5% for QEMM. 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 -33.9% for IVV and -40.5% for QEMM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QEMM charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.64% for QEMM.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 798 in QEMM, totalling 100.1% and 92.8% of the two funds. That is not enough of QEMM 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 505 positions we hold weights for in IVV and 798 in QEMM, against full books of 1,018 and 845.
Top Shared Holdings
| Stock | Weight in IVV | Weight in QEMM | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.04% | 0.13% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of IVV and QEMM 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 QEMM?
IVV has an expense ratio of 0.03% while QEMM charges 0.30%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, IVV or QEMM?
Over the past year IVV returned +10.97% vs +15.27% for QEMM, so QEMM leads on 1-year performance. Over the longest common window we track (12 years), IVV annualized +12.00% vs +3.56% for QEMM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QEMM?
IVV has been the more volatile fund at 14.8% annualized versus 14.5% for QEMM. Worst drawdown: IVV -33.9% vs QEMM -40.5%.
Should I hold both IVV and QEMM?
IVV and QEMM have a monthly-return correlation of 0.72, 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 QEMM?
IVV yields 1.09% while QEMM yields 4.64%, so QEMM currently pays the higher dividend yield.
Is QEMM better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, QEMM over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.