IVV vs TBUX
iShares Core S&P 500 ETF vs T Rowe Price Ultra Short-Term Bond ETF
Which is better, IVV or TBUX?
Large Cap Blend against Ultrashort Term Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | TBUX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.17% |
| AUM | $876.4B | $1.6B |
| Dividend Yield | 1.06% | 4.39% |
| Holdings | 508 | 614 |
| YTD Return | +11.51%Best | +2.66% |
| 1Y Return | +15.96%Best | +4.21% |
| 3Y Return (annualized) | +21.01%Best | +5.45% |
| 5Y Return (annualized) | +12.66%Best | +3.99% |
| Volatility (annualized) | 15.7% | 1.1%Best |
| Max Drawdown | -24.5% | -1.8%Best |
| $10,000 over 5 years | $18,149Best | $12,161 |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Ultrashort Term Bond |
| Inception | May 15, 2000 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Sep 15, 2026 (5 years).
IVV vs TBUX 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 5 years both funds cover.
IVV vs TBUX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and T Rowe Price Ultra Short-Term Bond ETF (TBUX) is an ETF from T.Rowe Price. Over the past year IVV returned +15.96% while TBUX returned +4.21%. Year to date, IVV is up 11.51% versus a gain of 2.66% for TBUX.
Over three years, IVV compounded at +21.01% per year against +5.45% for TBUX; over five years the annualized figures are +12.66% and +3.99% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 1.1% for TBUX. 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 -24.5% for IVV and -1.8% for TBUX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while TBUX charges 0.17%. On a $10,000 position that is $3 vs $17 annually, a gap of $14 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.39% for TBUX.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 308 in TBUX, totalling 99.3% and 45.5% 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 490 positions we hold weights for in IVV and 308 in TBUX, against full books of 508 and 614.
You are not choosing between two funds in isolation.
Whichever of IVV and TBUX 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 TBUX?
IVV has an expense ratio of 0.03% while TBUX charges 0.17%. IVV is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, IVV or TBUX?
Over the past year IVV returned +15.96% vs +4.21% for TBUX, 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 TBUX?
IVV has been the more volatile fund at 15.7% annualized versus 1.1% for TBUX. Worst drawdown: IVV -24.5% vs TBUX -1.8%.
Should I hold both IVV and TBUX?
IVV and TBUX have a monthly-return correlation of 0.44, 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 TBUX?
IVV yields 1.06% while TBUX yields 4.39%, so TBUX currently pays the higher dividend yield.
Is TBUX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.