IVV vs RAAX
iShares Core S&P 500 ETF vs VanEck Real Assets ETF
Which is better, IVV or RAAX?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 3Y and the full window, RAAX over 1Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 55.1%.
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 | RAAX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.55% |
| AUM | $876.4B | $1.1B |
| Dividend Yield | 1.06% | 1.95% |
| Holdings | 508 | 113 |
| YTD Return | +11.57% | +17.48%Best |
| 1Y Return | +17.57% | +27.45%Best |
| 3Y Return (annualized) | +20.71%Best | +19.80% |
| 5Y Return (annualized) | +12.80% | +14.18%Best |
| Volatility (annualized) | 16.5% | 14.6%Best |
| Max Drawdown | -33.9%Tie | -33.9%Tie |
| $10,000 over 5 years | $18,262 | $19,407Best |
| Top 10 Weight | 37.9%Best | 55.1% |
| Fund Family | iShares by BlackRock (US) | VanEck |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Apr 9, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Apr 10, 2018 to Sep 10, 2026 (8.4 years).
IVV vs RAAX 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 8.4 years both funds cover.
IVV vs RAAX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and VanEck Real Assets ETF (RAAX) is an ETF from VanEck. Over the past year IVV returned +17.57% while RAAX returned +27.45%. Year to date, IVV is up 11.57% versus a gain of 17.48% for RAAX.
Over three years, IVV compounded at +20.71% per year against +19.80% for RAAX; over five years the annualized figures are +12.80% and +14.18% respectively. Across the full 8-year window we track, IVV has the edge at +14.30% annualized vs +9.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.6% for RAAX. 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 -33.9% for RAAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while RAAX charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.95% for RAAX.
Holdings Overlap
7.0% of IVV's money is in holdings RAAX also owns. 30.8% of RAAX's money is in holdings IVV also owns.
The two portfolios partly overlap.
42 positions in common, counted across the 505 positions we hold weights for in IVV and 115 in RAAX, against full books of 508 and 113.
What only one of them owns
Our book lists 31 positions for RAAX that do not appear in our book for IVV (53.2% of the fund), and 453 for IVV that do not appear in RAAX (92.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RAAX | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 0.13% | 1.90% | 1.77% |
| TRGPTarga Resources Corp. | 0.08% | 1.76% | 1.68% |
| KMIKinder Morgan Inc./de | 0.09% | 1.71% | 1.62% |
| XOMExxon Mobil Corp. | 0.94% | 0.85% | 0.09% |
| CATCaterpillar, Inc. | 0.60% | 0.73% | 0.13% |
| CSXCsx Corp. | 0.14% | 1.19% | 1.05% |
| NEMNewmont Corp. | 0.17% | 1.14% | 0.97% |
| PWRQuanta Services, Inc. | 0.15% | 1.16% | 1.01% |
| MPCMarathon Petroleum Corp. | 0.13% | 1.08% | 0.95% |
| WELLWelltower Inc | 0.25% | 0.93% | 0.68% |
30.8% of RAAX is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or RAAX?
IVV has an expense ratio of 0.03% while RAAX charges 0.55%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IVV or RAAX?
Over the past year IVV returned +17.57% vs +27.45% for RAAX, so RAAX leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.30% vs +9.34% for RAAX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RAAX?
IVV has been the more volatile fund at 16.5% annualized versus 14.6% for RAAX. Worst drawdown: IVV -33.9% vs RAAX -33.9%.
Should I hold both IVV and RAAX?
IVV and RAAX have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and RAAX?
30.8% of RAAX's money is in holdings IVV also owns. 30.8% of RAAX's is in holdings IVV also owns. They hold 42 positions in common, counted across the 505 positions we hold weights for in IVV and 115 in RAAX.
Which pays a higher dividend, IVV or RAAX?
IVV yields 1.06% while RAAX yields 1.95%, so RAAX currently pays the higher dividend yield.
Is RAAX better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, RAAX over 1Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 55.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.