IVV vs RDVI
iShares Core S&P 500 ETF vs FT Vest Rising Dividend Achievers Target Income 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 | RDVI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.75% | |
| AUM | $886.7B | $3.8B | |
| Dividend Yield | 1.10% | 7.74% | |
| Holdings | 508 | 73 | |
| YTD Return | +12.13% | +10.88% | |
| 1Y Return | +20.37% | +18.41% | |
| 3Y Return (annualized) | +20.91% | +17.59% | |
| 5Y Return (annualized) | +12.59% | - | |
| Volatility (annualized) | 15.1% | 14.9% | |
| Max Drawdown | -56.5% | -18.4% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 19, 2022 |
IVV vs RDVI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +20.37% while RDVI returned +18.41%. Year to date, IVV is up 12.13% versus a gain of 10.88% for RDVI.
Over three years, IVV compounded at +20.91% per year against +17.59% for RDVI. Across the full 4-year window we track, RDVI has the edge at +18.96% annualized vs +6.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.9% for RDVI. 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 -18.4% for RDVI. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RDVI charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 7.74% for RDVI.
Holdings Overlap
IVV and RDVI share 64 holdings out of 512 unique holdings combined, representing a 23.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RDVI?
IVV has an expense ratio of 0.03% while RDVI charges 0.75%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, IVV or RDVI?
Over the past year IVV returned +20.37% vs +18.41% for RDVI, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +6.97% vs +18.96% for RDVI. Past performance does not guarantee future results.
Which is riskier, IVV or RDVI?
IVV has been the more volatile fund at 15.1% annualized versus 14.9% for RDVI. Worst drawdown: IVV -56.5% vs RDVI -18.4%.
Should I hold both IVV and RDVI?
IVV and RDVI have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RDVI?
IVV and RDVI share 64 common holdings with a 23.4% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, IVV or RDVI?
IVV yields 1.10% while RDVI yields 7.74%, so RDVI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.