IVV vs RDIV
iShares Core S&P 500 ETF vs Invesco S&P Ultra Dividend Revenue ETF
Quick Verdict
IVV has a lower expense ratio. RDIV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | RDIV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $865.2B | $1.4B | |
| Dividend Yield | 1.09% | 3.73% | |
| Holdings | 508 | 63 | |
| YTD Return | +13.43% | +21.20% | |
| 1Y Return | +22.61% | +34.73% | |
| 3Y Return (annualized) | +21.47% | +20.40% | |
| 5Y Return (annualized) | +13.26% | +12.77% | |
| Volatility (annualized) | 15.1% | 19.1% | |
| Max Drawdown | -56.5% | -50.9% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 30, 2013 |
IVV vs RDIV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P Ultra Dividend Revenue ETF (RDIV) is a ETF from Invesco (US). Over the past year IVV returned +22.61% while RDIV returned +34.73%. Year to date, IVV is up 13.43% versus a gain of 21.20% for RDIV.
Over three years, IVV compounded at +21.47% per year against +20.40% for RDIV; over five years the annualized figures are +13.26% and +12.77% respectively. Across the full 13-year window we track, RDIV has the edge at +9.11% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDIV has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 15.1% 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 -56.5% for IVV and -50.9% for RDIV. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RDIV charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.73% for RDIV.
Holdings Overlap
IVV and RDIV share 39 holdings out of 526 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RDIV?
IVV has an expense ratio of 0.03% while RDIV charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or RDIV?
Over the past year IVV returned +22.61% vs +34.73% for RDIV, so RDIV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.03% vs +9.11% for RDIV. Past performance does not guarantee future results.
Which is riskier, IVV or RDIV?
RDIV has been the more volatile fund at 19.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RDIV -50.9%.
Should I hold both IVV and RDIV?
IVV and RDIV have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RDIV?
IVV and RDIV share 39 common holdings with a 2.8% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, IVV or RDIV?
IVV yields 1.09% while RDIV yields 3.73%, so RDIV currently pays the higher dividend yield.
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