IVV vs RFIX
iShares Core S&P 500 ETF vs Simplify Bond Bull ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | RFIX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $865.2B | $47M | |
| Dividend Yield | 1.09% | 4.31% | |
| Holdings | 508 | 12 | |
| YTD Return | +13.72% | +0.06% | |
| 1Y Return | +21.64% | -13.04% | |
| 3Y Return (annualized) | +21.55% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 20.9% | |
| Max Drawdown | -56.5% | -38.8% | |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 9, 2024 |
IVV vs RFIX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Simplify Bond Bull ETF (RFIX) is a ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +21.64% while RFIX returned -13.04%. Year to date, IVV is up 13.72% versus a gain of 0.06% for RFIX.
Risk: Volatility and Drawdowns
RFIX has been the more volatile fund, with annualized monthly volatility of 20.9% 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 -38.8% for RFIX. 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 -0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while RFIX charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.31% for RFIX.
Frequently Asked Questions
Which is cheaper, IVV or RFIX?
IVV has an expense ratio of 0.03% while RFIX charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or RFIX?
Over the past year IVV returned +21.64% vs -13.04% for RFIX, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs -23.44% for RFIX. Past performance does not guarantee future results.
Which is riskier, IVV or RFIX?
RFIX has been the more volatile fund at 20.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RFIX -38.8%.
Should I hold both IVV and RFIX?
IVV and RFIX have a monthly-return correlation of -0.13, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or RFIX?
IVV yields 1.09% while RFIX yields 4.31%, so RFIX currently pays the higher dividend yield.
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