IVV vs RDVI
iShares Core S&P 500 ETF vs FT Vest Rising Dividend Achievers Target Income ETF
Which is better, IVV or RDVI?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 3Y and the full window, RDVI over 1Y. RDVI is less concentrated, with 22.5% of the fund in its ten largest positions against 38.8%.
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 | RDVI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $850.0B | $3.8B |
| Dividend Yield | 1.09% | 8.30% |
| Holdings | 1,018 | 148 |
| YTD Return | +12.12%Best | +9.57% |
| 1Y Return | +12.53% | +12.84%Best |
| 3Y Return (annualized) | +21.54%Best | +18.81% |
| 5Y Return (annualized) | +11.93% | - |
| Volatility (annualized) | 12.8%Best | 14.8% |
| Max Drawdown | -18.8% | -18.4%Best |
| $10,000 over 4.1 years | $22,139Best | $19,459 |
| Top 10 Weight | 38.8% | 22.5%Best |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Oct 19, 2022 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Oct 20, 2022 to Nov 11, 2026 (4.1 years).
IVV vs RDVI 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 4.1 years both funds cover.
IVV vs RDVI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +12.53% while RDVI returned +12.84%. Year to date, IVV is up 12.12% versus a gain of 9.57% for RDVI.
Over three years, IVV compounded at +21.54% per year against +18.81% for RDVI. Across the full 4-year window we track, IVV has the edge at +21.39% annualized vs +17.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDVI has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 12.8% 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 -18.8% for IVV and -18.4% for RDVI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.09% against 8.30% for RDVI.
Holdings Overlap
41.9% of IVV's money is in holdings RDVI also owns. 96.9% of RDVI's money is in holdings IVV also owns.
Most of RDVI is already inside IVV. Owning both mostly buys the same companies twice.
68 positions in common, counted across the 505 positions we hold weights for in IVV and 72 in RDVI, against full books of 1,018 and 148.
What only one of them owns
Our book lists 4 positions for RDVI that do not appear in our book for IVV (2.9% of the fund), and 431 for IVV that do not appear in RDVI (57.7%).
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 RDVI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.04% | 2.17% | 5.87% |
| AAPLApple Inc | 7.51% | 1.71% | 5.80% |
| MSFTMicrosoft Corp | 5.95% | 2.24% | 3.71% |
| GOOGLAlphabet Inc | 3.06% | 1.98% | 1.08% |
| METAMeta Platforms Inc | 2.44% | 2.27% | 0.17% |
| MUMicron Technology, Inc. | 1.55% | 1.98% | 0.43% |
| JPMJpmorgan Chase | 1.34% | 2.03% | 0.69% |
| VVisa Inc Class A | 1.00% | 2.21% | 1.21% |
| AMATApplied Material | 0.53% | 2.33% | 1.80% |
| LRCXLam Research Corporation | 0.54% | 2.31% | 1.77% |
96.9% of RDVI 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 RDVI?
IVV has an expense ratio of 0.03% while RDVI charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or RDVI?
Over the past year IVV returned +12.53% vs +12.84% for RDVI, so RDVI leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.39% vs +17.63% for RDVI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RDVI?
RDVI has been the more volatile fund at 14.8% annualized versus 12.8% for IVV. Worst drawdown: IVV -18.8% vs RDVI -18.4%.
Should I hold both IVV and RDVI?
IVV and RDVI have a monthly-return correlation of 0.77, 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 RDVI?
96.9% of RDVI's money is in holdings IVV also owns. 96.9% of RDVI's is in holdings IVV also owns. They hold 68 positions in common, counted across the 505 positions we hold weights for in IVV and 72 in RDVI.
Which pays a higher dividend, IVV or RDVI?
IVV yields 1.09% while RDVI yields 8.30%, so RDVI currently pays the higher dividend yield.
Is RDVI better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, RDVI over 1Y. RDVI is less concentrated, with 22.5% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.