IVV vs TBG
iShares Core S&P 500 ETF vs TBG Dividend Focus 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 | TBG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.45% | |
| AUM | $907.0B | $275M | |
| Dividend Yield | 1.10% | 2.60% | |
| Holdings | 508 | 40 | |
| YTD Return | +12.28% | +18.04% | |
| 1Y Return | +20.94% | +20.71% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 11.5% | |
| Max Drawdown | -56.5% | -14.8% | |
| Fund Family | iShares by BlackRock (US) | EA Series Trust | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 6, 2023 |
IVV vs TBG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and TBG Dividend Focus ETF (TBG) is a ETF from EA Series Trust. Over the past year IVV returned +20.94% while TBG returned +20.71%. Year to date, IVV is up 12.28% versus a gain of 18.04% for TBG.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.5% for TBG. 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 -14.8% for TBG. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TBG charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.60% for TBG.
Holdings Overlap
IVV and TBG share 26 holdings out of 517 unique holdings combined, representing a 9.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TBG?
IVV has an expense ratio of 0.03% while TBG charges 0.45%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, IVV or TBG?
Over the past year IVV returned +20.94% vs +20.71% for TBG, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +6.98% vs +20.37% for TBG. Past performance does not guarantee future results.
Which is riskier, IVV or TBG?
IVV has been the more volatile fund at 15.1% annualized versus 11.5% for TBG. Worst drawdown: IVV -56.5% vs TBG -14.8%.
Should I hold both IVV and TBG?
IVV and TBG have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TBG?
IVV and TBG share 26 common holdings with a 9.7% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, IVV or TBG?
IVV yields 1.10% while TBG yields 2.60%, so TBG currently pays the higher dividend yield.
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