IVV vs SVOL
iShares Core S&P 500 ETF vs Simplify Volatility Premium ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SVOL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.66% | |
| AUM | $865.2B | $523M | |
| Dividend Yield | 1.09% | 22.03% | |
| Holdings | 508 | 32 | |
| YTD Return | +13.72% | +4.59% | |
| 1Y Return | +21.64% | +15.00% | |
| 3Y Return (annualized) | +21.55% | +6.76% | |
| 5Y Return (annualized) | +13.27% | +6.88% | |
| Volatility (annualized) | 15.1% | 13.4% | |
| Max Drawdown | -56.5% | -33.5% | |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 12, 2021 |
IVV vs SVOL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Simplify Volatility Premium ETF (SVOL) is a ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +21.64% while SVOL returned +15.00%. Year to date, IVV is up 13.72% versus a gain of 4.59% for SVOL.
Over three years, IVV compounded at +21.55% per year against +6.76% for SVOL; over five years the annualized figures are +13.27% and +6.88% respectively. Across the full 5-year window we track, SVOL has the edge at +8.38% annualized vs +7.04%. 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 13.4% for SVOL. 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 -33.5% for SVOL. 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 SVOL charges 0.66%. On a $10,000 position that is $3 vs $66 annually, a gap of $63 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 22.03% for SVOL.
Holdings Overlap
IVV and SVOL share 0 holdings out of 514 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 SVOL?
IVV has an expense ratio of 0.03% while SVOL charges 0.66%. IVV is the cheaper option. On a $10,000 investment, that is $63 per year of difference.
Which performed better, IVV or SVOL?
Over the past year IVV returned +21.64% vs +15.00% for SVOL, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.04% vs +8.38% for SVOL. Past performance does not guarantee future results.
Which is riskier, IVV or SVOL?
IVV has been the more volatile fund at 15.1% annualized versus 13.4% for SVOL. Worst drawdown: IVV -56.5% vs SVOL -33.5%.
Should I hold both IVV and SVOL?
IVV and SVOL 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 SVOL?
IVV and SVOL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or SVOL?
IVV yields 1.09% while SVOL yields 22.03%, so SVOL currently pays the higher dividend yield.
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