IVV vs RDTY
iShares Core S&P 500 ETF vs YieldMax Russell 2000 0DTE Covered Call Strategy ETF
Quick Verdict
IVV has a lower expense ratio. RDTY delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | RDTY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.73% | |
| AUM | $865.2B | $31M | |
| Dividend Yield | 1.09% | 43.62% | |
| Holdings | 508 | 4 | |
| YTD Return | +13.80% | +19.09% | |
| 1Y Return | +23.01% | +25.75% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 15.2% | |
| Max Drawdown | -56.5% | -16.2% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 5, 2025 |
IVV vs RDTY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Russell 2000 0DTE Covered Call Strategy ETF (RDTY) is a ETF from YieldMax ETF. Over the past year IVV returned +23.01% while RDTY returned +25.75%. Year to date, IVV is up 13.80% versus a gain of 19.09% for RDTY.
Risk: Volatility and Drawdowns
RDTY has been the more volatile fund, with annualized monthly volatility of 15.2% 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 -16.2% for RDTY. 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RDTY charges 1.73%. On a $10,000 position that is $3 vs $173 annually, a gap of $170 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 43.62% for RDTY.
Holdings Overlap
IVV and RDTY share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RDTY?
IVV has an expense ratio of 0.03% while RDTY charges 1.73%. IVV is the cheaper option. On a $10,000 investment, that is $170 per year of difference.
Which performed better, IVV or RDTY?
Over the past year IVV returned +23.01% vs +25.75% for RDTY, so RDTY leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.04% vs +31.88% for RDTY. Past performance does not guarantee future results.
Which is riskier, IVV or RDTY?
RDTY has been the more volatile fund at 15.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RDTY -16.2%.
Should I hold both IVV and RDTY?
IVV and RDTY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RDTY?
IVV and RDTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or RDTY?
IVV yields 1.09% while RDTY yields 43.62%, so RDTY currently pays the higher dividend yield.
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