IVV vs SIFI
iShares Core S&P 500 ETF vs Harbor Ares Systematic Multi-Sector Income ETF
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 | SIFI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $34M | |
| Dividend Yield | 1.10% | 8.09% | |
| Holdings | 508 | 190 | |
| YTD Return | +12.28% | +1.85% | |
| 1Y Return | +20.94% | +5.03% | |
| 3Y Return (annualized) | +21.81% | +7.63% | |
| 5Y Return (annualized) | +13.05% | +2.43% | |
| Volatility (annualized) | 15.1% | 5.6% | |
| Max Drawdown | -56.5% | -14.7% | |
| Fund Family | iShares by BlackRock (US) | Harbor Funds | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 14, 2021 |
IVV vs SIFI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Harbor Ares Systematic Multi-Sector Income ETF (SIFI) is a ETF from Harbor Funds. Over the past year IVV returned +20.94% while SIFI returned +5.03%. Year to date, IVV is up 12.28% versus a gain of 1.85% for SIFI.
Over three years, IVV compounded at +21.81% per year against +7.63% for SIFI; over five years the annualized figures are +13.05% and +2.43% respectively. Across the full 5-year window we track, IVV has the edge at +6.98% annualized vs +2.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.6% for SIFI. 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 -14.7% for SIFI. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SIFI charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 8.09% for SIFI.
Holdings Overlap
IVV and SIFI share 0 holdings out of 653 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SIFI?
IVV has an expense ratio of 0.03% while SIFI charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or SIFI?
Over the past year IVV returned +20.94% vs +5.03% for SIFI, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +6.98% vs +2.43% for SIFI. Past performance does not guarantee future results.
Which is riskier, IVV or SIFI?
IVV has been the more volatile fund at 15.1% annualized versus 5.6% for SIFI. Worst drawdown: IVV -56.5% vs SIFI -14.7%.
Should I hold both IVV and SIFI?
IVV and SIFI have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SIFI?
IVV and SIFI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 653 unique securities.
Which pays a higher dividend, IVV or SIFI?
IVV yields 1.10% while SIFI yields 8.09%, so SIFI currently pays the higher dividend yield.
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