IVV vs TAXX
iShares Core S&P 500 ETF vs BondBloxx IR+M Tax-Aware Short Duration ETF
Which is better, IVV or TAXX?
Large Cap Blend against Short Term High Quality.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | TAXX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $285M |
| Dividend Yield | 1.06% | 3.45% |
| Holdings | 508 | 311 |
| YTD Return | +12.51%Best | +1.11% |
| 1Y Return | +17.57%Best | +1.93% |
| 3Y Return (annualized) | +21.27% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.1% | 1.6%Best |
| Max Drawdown | -18.8% | -0.9%Best |
| $10,000 over 2.5 years | $15,334Best | $10,946 |
| Fund Family | iShares by BlackRock (US) | BondBloxx |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term High Quality |
| Inception | May 15, 2000 | Mar 14, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 14, 2024 to Sep 11, 2026 (2.5 years).
IVV vs TAXX 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 2.5 years both funds cover.
IVV vs TAXX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an ETF from BondBloxx. Over the past year IVV returned +17.57% while TAXX returned +1.93%. Year to date, IVV is up 12.51% versus a gain of 1.11% for TAXX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 1.6% for TAXX. 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 -18.8% for IVV and -0.9% for TAXX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while TAXX charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.45% for TAXX.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 119 in TAXX, totalling 100.0% and 35.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 119 in TAXX, against full books of 508 and 311.
You are not choosing between two funds in isolation.
Whichever of IVV and TAXX 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 TAXX?
IVV has an expense ratio of 0.03% while TAXX charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or TAXX?
Over the past year IVV returned +17.57% vs +1.93% for TAXX, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TAXX?
IVV has been the more volatile fund at 12.1% annualized versus 1.6% for TAXX. Worst drawdown: IVV -18.8% vs TAXX -0.9%.
Should I hold both IVV and TAXX?
IVV and TAXX have a monthly-return correlation of 0.51, 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 TAXX?
IVV yields 1.06% while TAXX yields 3.45%, so TAXX currently pays the higher dividend yield.
Is TAXX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.