IVV vs RYLG
iShares Core S&P 500 ETF vs Global X Russell 2000 Covered Call & Growth ETF
Which is better, IVV or RYLG?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 3Y and the full window, RYLG over 1Y.
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 | RYLG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $8M |
| Dividend Yield | 1.06% | 10.22% |
| Holdings | 508 | 4 |
| YTD Return | +12.51% | +14.35%Best |
| 1Y Return | +17.57% | +19.41%Best |
| 3Y Return (annualized) | +21.27%Best | +13.22% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 13.0%Best | 13.8% |
| Max Drawdown | -18.8%Best | -22.8% |
| $10,000 over 3.9 years | $21,228Best | $14,735 |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Oct 4, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 5, 2022 to Sep 11, 2026 (3.9 years).
IVV vs RYLG 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 3.9 years both funds cover.
IVV vs RYLG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an ETF from Global X by mirae Asset. Over the past year IVV returned +17.57% while RYLG returned +19.41%. Year to date, IVV is up 12.51% versus a gain of 14.35% for RYLG.
Over three years, IVV compounded at +21.27% per year against +13.22% for RYLG. Across the full 4-year window we track, IVV has the edge at +21.29% annualized vs +10.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RYLG has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.0% 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 -18.8% for IVV and -22.8% for RYLG. 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 RYLG charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 10.22% for RYLG.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in RYLG, totalling 100.0% and 101.4% 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 505 positions we hold weights for in IVV and 1 in RYLG, against full books of 508 and 4.
You are not choosing between two funds in isolation.
Whichever of IVV and RYLG 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 RYLG?
IVV has an expense ratio of 0.03% while RYLG charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or RYLG?
Over the past year IVV returned +17.57% vs +19.41% for RYLG, so RYLG leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.29% vs +10.45% for RYLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RYLG?
RYLG has been the more volatile fund at 13.8% annualized versus 13.0% for IVV. Worst drawdown: IVV -18.8% vs RYLG -22.8%.
Should I hold both IVV and RYLG?
IVV and RYLG 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 RYLG?
IVV yields 1.06% while RYLG yields 10.22%, so RYLG currently pays the higher dividend yield.
Is RYLG better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, RYLG over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.