IVV vs QHDG
iShares Core S&P 500 ETF vs Innovator Hedged Nasdaq-100 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | QHDG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $2M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 106 | |
| YTD Return | +12.71% | +1.47% | |
| 1Y Return | +21.89% | +10.28% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 8.8% | |
| Max Drawdown | -56.5% | -15.3% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Aug 19, 2024 |
IVV vs QHDG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Hedged Nasdaq-100 ETF (QHDG) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +21.89% while QHDG returned +10.28%. Year to date, IVV is up 12.71% versus a gain of 1.47% for QHDG.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 8.8% for QHDG. 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 -56.5% for IVV and -15.3% for QHDG. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QHDG charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for QHDG.
Holdings Overlap
IVV and QHDG share 86 holdings out of 520 unique holdings combined, representing a 52.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, IVV or QHDG?
IVV has an expense ratio of 0.03% while QHDG charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or QHDG?
Over the past year IVV returned +21.89% vs +10.28% for QHDG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +10.58% for QHDG. Past performance does not guarantee future results.
Which is riskier, IVV or QHDG?
IVV has been the more volatile fund at 15.1% annualized versus 8.8% for QHDG. Worst drawdown: IVV -56.5% vs QHDG -15.3%.
Should I hold both IVV and QHDG?
IVV and QHDG have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QHDG?
IVV and QHDG share 86 common holdings with a 52.4% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, IVV or QHDG?
IVV yields 1.10% while QHDG yields 0.00%, so IVV currently pays the higher dividend yield.
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