IVV vs RWR
iShares Core S&P 500 ETF vs State Street SPDR Dow Jones REIT ETF
Which is better, IVV or RWR?
Large Cap Blend against Mid Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, RWR over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 52.2%.
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 | RWR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $876.4B | $1.8B |
| Dividend Yield | 1.06% | 3.26% |
| Holdings | 508 | 101 |
| YTD Return | +11.57% | +13.06%Best |
| 1Y Return | +17.57%Best | +13.83% |
| 3Y Return (annualized) | +20.71%Best | +10.78% |
| 5Y Return (annualized) | +12.80%Best | +3.42% |
| Volatility (annualized) | 14.9%Best | 43.8% |
| Max Drawdown | -56.5%Best | -77.0% |
| $10,000 over 5 years | $18,262Best | $11,831 |
| Top 10 Weight | 37.9%Best | 52.2% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | May 15, 2000 | Apr 23, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Apr 27, 2001 to Sep 10, 2026 (25.4 years).
IVV vs RWR 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 25.4 years both funds cover.
IVV vs RWR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR Dow Jones REIT ETF (RWR) is an ETF from State Street Investment Management. Over the past year IVV returned +17.57% while RWR returned +13.83%. Year to date, IVV is up 11.57% versus a gain of 13.06% for RWR.
Over three years, IVV compounded at +20.71% per year against +10.78% for RWR; over five years the annualized figures are +12.80% and +3.42% respectively. Across the full 25-year window we track, RWR has the edge at +9.75% annualized vs +7.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RWR has been the more volatile fund, with annualized monthly volatility of 43.8% compared with 14.9% 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 -77.0% for RWR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while RWR charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.26% for RWR.
Holdings Overlap
1.4% of IVV's money is in holdings RWR also owns. 69.3% of RWR's money is in holdings IVV also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 505 positions we hold weights for in IVV and 98 in RWR, against full books of 508 and 101.
What only one of them owns
Measured across the 505 and 98 positions we hold weights for.
IVV holds 472 positions RWR does not, 97.9% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
Top Shared Holdings
| Stock | Weight in IVV | Weight in RWR | Difference |
|---|---|---|---|
| WELLWelltower Inc | 0.25% | 10.59% | 10.34% |
| PLDPrologis Inc | 0.20% | 9.22% | 9.02% |
| DLRDigital Realty Trust Inc. | 0.10% | 4.91% | 4.81% |
| PSAPublic Storage | 0.08% | 4.66% | 4.58% |
| SPGSimon Property Group Inc | 0.11% | 4.62% | 4.51% |
| EQIXEquinix, Inc. | 0.16% | 4.41% | 4.25% |
| ORealty Income Corp. | 0.09% | 4.41% | 4.32% |
| VTRVentas, Inc. | 0.07% | 4.07% | 4.00% |
| EXRExtra Space Storage Inc. | 0.05% | 2.92% | 2.87% |
| AVBAvalonbay Communities Inc. | 0.04% | 2.43% | 2.39% |
69.3% of RWR 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 RWR?
IVV has an expense ratio of 0.03% while RWR charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IVV or RWR?
Over the past year IVV returned +17.57% vs +13.83% for RWR, so IVV leads on 1-year performance. Over the longest common window we track (25 years), IVV annualized +7.68% vs +9.75% for RWR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RWR?
RWR has been the more volatile fund at 43.8% annualized versus 14.9% for IVV. Worst drawdown: IVV -56.5% vs RWR -77.0%.
Should I hold both IVV and RWR?
IVV and RWR have a monthly-return correlation of 0.33, 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 RWR?
69.3% of RWR's money is in holdings IVV also owns. 69.3% of RWR's is in holdings IVV also owns. They hold 23 positions in common, counted across the 505 positions we hold weights for in IVV and 98 in RWR.
Which pays a higher dividend, IVV or RWR?
IVV yields 1.06% while RWR yields 3.26%, so RWR currently pays the higher dividend yield.
Is RWR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, RWR over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 52.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.