IVV vs RNP
iShares Core S&P 500 ETF vs Cohen & Steers REIT and Preferred and Income Fund, Inc.
Which is better, IVV or RNP?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | RNP |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.78% |
| AUM | $876.4B | $2,650.69 |
| Dividend Yield | 1.06% | 7.55% |
| Holdings | 508 | 327 |
| YTD Return | +12.51%Best | +3.86% |
| 1Y Return | +17.57%Best | -5.70% |
| 3Y Return (annualized) | +21.27%Best | +10.79% |
| 5Y Return (annualized) | +12.95%Best | +1.43% |
| Volatility (annualized) | 14.5%Best | 27.4% |
| Max Drawdown | -56.5%Best | -90.8% |
| $10,000 over 5 years | $18,384Best | $10,736 |
| Fund Family | iShares by BlackRock (US) | Cohen & Steers Funds |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Jun 27, 2003 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2003 to Sep 11, 2026 (23.2 years).
IVV vs RNP 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 23.2 years both funds cover.
IVV vs RNP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) is an ETF from Cohen & Steers Funds. Over the past year IVV returned +17.57% while RNP returned -5.70%. Year to date, IVV is up 12.51% versus a gain of 3.86% for RNP.
Over three years, IVV compounded at +21.27% per year against +10.79% for RNP; over five years the annualized figures are +12.95% and +1.43% respectively. Across the full 23-year window we track, IVV has the edge at +9.65% annualized vs +0.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RNP has been the more volatile fund, with annualized monthly volatility of 27.4% compared with 14.5% 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 -90.8% for RNP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RNP charges 1.78%. On a $10,000 position that is $3 vs $178 annually, a gap of $175 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.55% for RNP.
Holdings Overlap
At least 2.3% of IVV's money is in holdings RNP also owns.
Only one direction is shown: for RNP, our book for it lists positions totalling 115.9% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and RNP share little of their money.
The two holdings books were reported 127 days apart, IVV as of Aug 5, 2026 and RNP as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
23 positions in common, counted across the 505 positions we hold weights for in IVV and 205 in RNP, against full books of 508 and 327.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RNP | Difference |
|---|---|---|---|
| WELLWelltower Inc | 0.25% | 10.42% | 10.17% |
| DLRDigital Realty Trust Inc. | 0.10% | 6.76% | 6.66% |
| AMTAmerican Tower Corp | 0.12% | 5.11% | 4.99% |
| CCICrown Castle International Corp | 0.05% | 4.51% | 4.46% |
| PLDPrologis Inc | 0.20% | 4.31% | 4.11% |
| EXRExtra Space Storage Inc. | 0.05% | 2.87% | 2.82% |
| EQIXEquinix, Inc. | 0.16% | 2.59% | 2.43% |
| KIMKimco Realty Corp. | 0.03% | 2.52% | 2.49% |
| UMG:ASUniversal Music Group N.V. Universal Music Group N V | 0.06% | 2.48% | 2.42% |
| PSAPublic Storage | 0.08% | 2.13% | 2.05% |
You are not choosing between two funds in isolation.
Whichever of IVV and RNP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or RNP?
IVV has an expense ratio of 0.03% while RNP charges 1.78%. IVV is the cheaper option, by $175 a year on a $10,000 investment.
Which performed better, IVV or RNP?
Over the past year IVV returned +17.57% vs -5.70% for RNP, so IVV leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +9.65% vs +0.95% for RNP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RNP?
RNP has been the more volatile fund at 27.4% annualized versus 14.5% for IVV. Worst drawdown: IVV -56.5% vs RNP -90.8%.
Should I hold both IVV and RNP?
IVV and RNP have a monthly-return correlation of 0.70, 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 RNP?
At least 2.3% of IVV's money is in holdings RNP also owns. Our book for RNP is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 505 positions we hold weights for in IVV and 205 in RNP.
Which pays a higher dividend, IVV or RNP?
IVV yields 1.06% while RNP yields 7.55%, so RNP currently pays the higher dividend yield.
Is RNP better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.