IVV vs SLQD
iShares Core S&P 500 ETF vs iShares 0-5 Year Investment Grade Corporate Bond ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. SLQD offers more diversification with 3,046 holdings.
Side-by-Side Comparison
| Metric | IVV | SLQD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.06% | |
| AUM | $865.2B | $2.4B | |
| Dividend Yield | 1.09% | 4.31% | |
| Holdings | 508 | 3,046 | |
| YTD Return | +14.50% | +1.13% | |
| 1Y Return | +22.02% | +3.05% | |
| 3Y Return (annualized) | +21.80% | +5.50% | |
| 5Y Return (annualized) | +13.37% | +2.63% | |
| Volatility (annualized) | 15.1% | 2.3% | |
| Max Drawdown | -56.5% | -12.7% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Oct 15, 2013 |
IVV vs SLQD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +22.02% while SLQD returned +3.05%. Year to date, IVV is up 14.50% versus a gain of 1.13% for SLQD.
Over three years, IVV compounded at +21.80% per year against +5.50% for SLQD; over five years the annualized figures are +13.37% and +2.63% respectively. Across the full 13-year window we track, IVV has the edge at +7.07% annualized vs +1.37%. 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 2.3% for SLQD. 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 -12.7% for SLQD. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SLQD charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.31% for SLQD.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, IVV or SLQD?
IVV has an expense ratio of 0.03% while SLQD charges 0.06%. IVV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, IVV or SLQD?
Over the past year IVV returned +22.02% vs +3.05% for SLQD, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.07% vs +1.37% for SLQD. Past performance does not guarantee future results.
Which is riskier, IVV or SLQD?
IVV has been the more volatile fund at 15.1% annualized versus 2.3% for SLQD. Worst drawdown: IVV -56.5% vs SLQD -12.7%.
Should I hold both IVV and SLQD?
IVV and SLQD have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SLQD?
IVV and SLQD share 2 common holdings with a 0.2% weight overlap. Combined, they hold 3200 unique securities.
Which pays a higher dividend, IVV or SLQD?
IVV yields 1.09% while SLQD yields 4.31%, so SLQD currently pays the higher dividend yield.
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