IVV vs SMRI
iShares Core S&P 500 ETF vs Bushido Capital US Equity ETF
Quick Verdict
IVV has a lower expense ratio. SMRI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SMRI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.71% | |
| AUM | $907.0B | $697M | |
| Dividend Yield | 1.10% | 0.86% | |
| Holdings | 508 | 52 | |
| YTD Return | +14.29% | +31.91% | |
| 1Y Return | +21.79% | +46.69% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 15.4% | |
| Max Drawdown | -56.5% | -18.1% | |
| Fund Family | iShares by BlackRock (US) | Bushido Capital | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 14, 2023 |
IVV vs SMRI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Bushido Capital US Equity ETF (SMRI) is a ETF from Bushido Capital. Over the past year IVV returned +21.79% while SMRI returned +46.69%. Year to date, IVV is up 14.29% versus a gain of 31.91% for SMRI.
Risk: Volatility and Drawdowns
SMRI has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -18.1% for SMRI. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SMRI charges 0.71%. On a $10,000 position that is $3 vs $71 annually, a gap of $68 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.86% for SMRI.
Holdings Overlap
IVV and SMRI share 42 holdings out of 514 unique holdings combined, representing a 5.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SMRI?
IVV has an expense ratio of 0.03% while SMRI charges 0.71%. IVV is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, IVV or SMRI?
Over the past year IVV returned +21.79% vs +46.69% for SMRI, so SMRI leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.06% vs +27.67% for SMRI. Past performance does not guarantee future results.
Which is riskier, IVV or SMRI?
SMRI has been the more volatile fund at 15.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SMRI -18.1%.
Should I hold both IVV and SMRI?
IVV and SMRI have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SMRI?
IVV and SMRI share 42 common holdings with a 5.6% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or SMRI?
IVV yields 1.10% while SMRI yields 0.86%, so IVV 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.