IVV vs RYLD
iShares Core S&P 500 ETF vs Global X Russell 2000 Covered Call ETF
Which is better, IVV or RYLD?
Large Cap Blend against Small Cap Growth.
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 | RYLD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $1.4B |
| Dividend Yield | 1.06% | 11.62% |
| Holdings | 508 | 12 |
| YTD Return | +14.15%Best | +9.66% |
| 1Y Return | +17.31%Best | +16.01% |
| 3Y Return (annualized) | +23.17%Best | +9.03% |
| 5Y Return (annualized) | +13.85%Best | +2.57% |
| Volatility (annualized) | 16.6% | 14.8%Best |
| Max Drawdown | -33.9%Best | -42.5% |
| $10,000 over 5 years | $19,128Best | $11,353 |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Growth |
| Inception | May 15, 2000 | Apr 17, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 22, 2019 to Sep 21, 2026 (7.4 years).
IVV vs RYLD 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 7.4 years both funds cover.
IVV vs RYLD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X Russell 2000 Covered Call ETF (RYLD) is an ETF from Global X by mirae Asset. Over the past year IVV returned +17.31% while RYLD returned +16.01%. Year to date, IVV is up 14.15% versus a gain of 9.66% for RYLD.
Over three years, IVV compounded at +23.17% per year against +9.03% for RYLD; over five years the annualized figures are +13.85% and +2.57% respectively. Across the full 7-year window we track, IVV has the edge at +15.32% annualized vs +2.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.8% for RYLD. 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 -33.9% for IVV and -42.5% for RYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RYLD charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 11.62% for RYLD.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 3 in RYLD, totalling 99.3% and 100.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 3 in RYLD, against full books of 508 and 12.
You are not choosing between two funds in isolation.
Whichever of IVV and RYLD 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 RYLD?
IVV has an expense ratio of 0.03% while RYLD charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or RYLD?
Over the past year IVV returned +17.31% vs +16.01% for RYLD, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.32% vs +2.66% for RYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RYLD?
IVV has been the more volatile fund at 16.6% annualized versus 14.8% for RYLD. Worst drawdown: IVV -33.9% vs RYLD -42.5%.
Should I hold both IVV and RYLD?
IVV and RYLD have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or RYLD?
IVV yields 1.06% while RYLD yields 11.62%, so RYLD currently pays the higher dividend yield.
Is RYLD 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.