IVV vs RJMG
iShares Core S&P 500 ETF vs FT Raymond James Multicap Growth Equity 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 | RJMG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $907.0B | $11M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 41 | |
| YTD Return | +12.71% | +1.42% | |
| 1Y Return | +21.89% | +15.82% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.8% | |
| Max Drawdown | -56.5% | -25.4% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 12, 2024 |
IVV vs RJMG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and FT Raymond James Multicap Growth Equity ETF (RJMG) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +21.89% while RJMG returned +15.82%. Year to date, IVV is up 12.71% versus a gain of 1.42% for RJMG.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.8% for RJMG. 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 -25.4% for RJMG. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RJMG charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for RJMG.
Holdings Overlap
IVV and RJMG share 27 holdings out of 518 unique holdings combined, representing a 14.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or RJMG?
IVV has an expense ratio of 0.03% while RJMG charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or RJMG?
Over the past year IVV returned +21.89% vs +15.82% for RJMG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +17.17% for RJMG. Past performance does not guarantee future results.
Which is riskier, IVV or RJMG?
IVV has been the more volatile fund at 15.1% annualized versus 14.8% for RJMG. Worst drawdown: IVV -56.5% vs RJMG -25.4%.
Should I hold both IVV and RJMG?
IVV and RJMG have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RJMG?
IVV and RJMG share 27 common holdings with a 14.4% weight overlap. Combined, they hold 518 unique securities.
Which pays a higher dividend, IVV or RJMG?
IVV yields 1.10% while RJMG yields 0.00%, so IVV currently pays the higher dividend yield.
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