IVV vs SBB
iShares Core S&P 500 ETF vs ProShares Short SmallCap600
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 | SBB | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.95% | |
| AUM | $907.0B | $3M | |
| Dividend Yield | 1.10% | 3.71% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.25% | -15.01% | |
| 1Y Return | +19.95% | -16.54% | |
| 3Y Return (annualized) | +21.26% | -10.63% | |
| 5Y Return (annualized) | +12.82% | -5.71% | |
| Volatility (annualized) | 15.1% | 21.4% | |
| Max Drawdown | -56.5% | -97.4% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 23, 2007 |
IVV vs SBB Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Short SmallCap600 (SBB) is a ETF from ProShares. Over the past year IVV returned +19.95% while SBB returned -16.54%. Year to date, IVV is up 13.25% versus a loss of 15.01% for SBB.
Over three years, IVV compounded at +21.26% per year against -10.63% for SBB; over five years the annualized figures are +12.82% and -5.71% respectively. Across the full 20-year window we track, IVV has the edge at +7.01% annualized vs -14.54%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SBB has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 15.1% 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 -97.4% for SBB. 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 -0.78. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SBB charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 3.71% for SBB.
Frequently Asked Questions
Which is cheaper, IVV or SBB?
IVV has an expense ratio of 0.03% while SBB charges 0.95%. IVV is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, IVV or SBB?
Over the past year IVV returned +19.95% vs -16.54% for SBB, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.01% vs -14.54% for SBB. Past performance does not guarantee future results.
Which is riskier, IVV or SBB?
SBB has been the more volatile fund at 21.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SBB -97.4%.
Should I hold both IVV and SBB?
IVV and SBB have a monthly-return correlation of -0.78, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or SBB?
IVV yields 1.10% while SBB yields 3.71%, so SBB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.