IVV vs SMDV
iShares Core S&P 500 ETF vs Proshares Russell 2000 Dividend Growers ETF
Which is better, IVV or SMDV?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SMDV is less concentrated, with 12.0% of the fund in its ten largest positions against 38.1%.
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 | SMDV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $882.6B | $654M |
| Dividend Yield | 1.06% | 2.32% |
| Holdings | 508 | 101 |
| YTD Return | +12.76%Best | +8.93% |
| 1Y Return | +15.57%Best | +8.68% |
| 3Y Return (annualized) | +22.95%Best | +11.07% |
| 5Y Return (annualized) | +13.54%Best | +5.06% |
| Volatility (annualized) | 15.0%Best | 16.1% |
| Max Drawdown | -33.9%Best | -34.1% |
| $10,000 over 5 years | $18,869Best | $12,799 |
| Top 10 Weight | 38.1% | 12.0%Best |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Feb 3, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Feb 5, 2015 to Oct 1, 2026 (11.7 years).
IVV vs SMDV 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 11.7 years both funds cover.
IVV vs SMDV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Proshares Russell 2000 Dividend Growers ETF (SMDV) is an ETF from ProShares. Over the past year IVV returned +15.57% while SMDV returned +8.68%. Year to date, IVV is up 12.76% versus a gain of 8.93% for SMDV.
Over three years, IVV compounded at +22.95% per year against +11.07% for SMDV; over five years the annualized figures are +13.54% and +5.06% respectively. Across the full 12-year window we track, IVV has the edge at +12.64% annualized vs +7.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMDV has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 15.0% 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 -33.9% for IVV and -34.1% for SMDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SMDV charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.32% for SMDV.
Holdings Overlap
0.2% of IVV's money is in holdings SMDV also owns. 0.8% of SMDV's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 100 in SMDV, against full books of 508 and 101.
What only one of them owns
Measured across the 505 and 100 positions we hold weights for.
IVV holds 496 positions SMDV does not, 99.0% of the fund.
Largest: NVDA 8.00%, AAPL 7.39%, MSFT 5.57%, AMZN 3.80%, GOOGL 3.00%
Top Shared Holdings
| Stock | Weight in IVV | Weight in SMDV | Difference |
|---|---|---|---|
| NEMNewmont Corp Common | 0.20% | 0.76% | 0.56% |
You are not choosing between two funds in isolation.
Whichever of IVV and SMDV 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 SMDV?
IVV has an expense ratio of 0.03% while SMDV charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or SMDV?
Over the past year IVV returned +15.57% vs +8.68% for SMDV, so IVV leads on 1-year performance. Over the longest common window we track (12 years), IVV annualized +12.64% vs +7.37% for SMDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SMDV?
SMDV has been the more volatile fund at 16.1% annualized versus 15.0% for IVV. Worst drawdown: IVV -33.9% vs SMDV -34.1%.
Should I hold both IVV and SMDV?
IVV and SMDV have a monthly-return correlation of 0.71, 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 SMDV?
IVV yields 1.06% while SMDV yields 2.32%, so SMDV currently pays the higher dividend yield.
Is SMDV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SMDV is less concentrated, with 12.0% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.