IVV vs SNAV
iShares Core S&P 500 ETF vs Mohr Sector Nav 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 | SNAV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.59% | |
| AUM | $865.2B | $29M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 8 | |
| YTD Return | +14.50% | +12.53% | |
| 1Y Return | +22.02% | +17.07% | |
| 3Y Return (annualized) | +21.80% | +14.57% | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 11.8% | |
| Max Drawdown | -56.5% | -16.6% | |
| Fund Family | iShares by BlackRock (US) | Mohr Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 10, 2023 |
IVV vs SNAV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Mohr Sector Nav ETF (SNAV) is a ETF from Mohr Funds. Over the past year IVV returned +22.02% while SNAV returned +17.07%. Year to date, IVV is up 14.50% versus a gain of 12.53% for SNAV.
Over three years, IVV compounded at +21.80% per year against +14.57% for SNAV. Across the full 4-year window we track, SNAV has the edge at +14.49% annualized vs +7.07%. 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 11.8% for SNAV. 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 -16.6% for SNAV. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while SNAV charges 1.59%. On a $10,000 position that is $3 vs $159 annually, a gap of $156 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for SNAV.
Holdings Overlap
IVV and SNAV share 0 holdings out of 515 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 SNAV?
IVV has an expense ratio of 0.03% while SNAV charges 1.59%. IVV is the cheaper option. On a $10,000 investment, that is $156 per year of difference.
Which performed better, IVV or SNAV?
Over the past year IVV returned +22.02% vs +17.07% for SNAV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.07% vs +14.49% for SNAV. Past performance does not guarantee future results.
Which is riskier, IVV or SNAV?
IVV has been the more volatile fund at 15.1% annualized versus 11.8% for SNAV. Worst drawdown: IVV -56.5% vs SNAV -16.6%.
Should I hold both IVV and SNAV?
IVV and SNAV have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and SNAV?
IVV and SNAV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, IVV or SNAV?
IVV yields 1.09% while SNAV yields 0.00%, so IVV currently pays the higher dividend yield.
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