IVV vs TDV
iShares Core S&P 500 ETF vs ProShares S&P Technology Dividend Aristocrats ETF
Which is better, IVV or TDV?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, TDV over the full window. The two have moved almost in lockstep, correlation 0.95. TDV is less concentrated, with 29.0% of the fund in its ten largest positions against 37.9%.
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 | TDV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $886.7B | $277M |
| Dividend Yield | 1.10% | 1.06% |
| Holdings | 508 | 38 |
| YTD Return | +12.70% | +15.69%Best |
| 1Y Return | +19.36%Best | +18.54% |
| 3Y Return (annualized) | +21.16%Best | +16.76% |
| 5Y Return (annualized) | +12.75%Best | +11.42% |
| Volatility (annualized) | 16.9%Best | 19.0% |
| Max Drawdown | -33.9% | -32.8%Best |
| $10,000 over 5 years | $18,221Best | $17,172 |
| Top 10 Weight | 37.9% | 29.0%Best |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Nov 5, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Sep 8, 2026 (6.8 years).
IVV vs TDV 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 6.8 years both funds cover.
IVV vs TDV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an ETF from ProShares. Over the past year IVV returned +19.36% while TDV returned +18.54%. Year to date, IVV is up 12.70% versus a gain of 15.69% for TDV.
Over three years, IVV compounded at +21.16% per year against +16.76% for TDV; over five years the annualized figures are +12.75% and +11.42% respectively. Across the full 7-year window we track, TDV has the edge at +15.70% annualized vs +15.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDV has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 16.9% for IVV. 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 -33.9% for IVV and -32.8% for TDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 TDV 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 1.06% for TDV.
Holdings Overlap
22.0% of IVV's money is in holdings TDV also owns. 70.0% of TDV's money is in holdings IVV also owns.
Most of TDV is already inside IVV. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 504 positions we hold weights for in IVV and 38 in TDV, against full books of 508 and 38.
What only one of them owns
Our book lists 10 positions for TDV that do not appear in our book for IVV (27.0% of the fund), and 466 for IVV that do not appear in TDV (77.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TDV | Difference |
|---|---|---|---|
| AAPLApple Inc Ord | 6.86% | 2.34% | 4.52% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 3.06% | 2.38% |
| AVGOBroadcom Inc | 2.98% | 2.59% | 0.39% |
| V'visa Inc., Class 'a'' | 0.92% | 2.56% | 1.64% |
| CSCOCisco Systems Inc | 0.72% | 2.66% | 1.94% |
| MAMastercard Inc | 0.69% | 2.63% | 1.94% |
| ORCLOracle Corp. | 0.37% | 2.81% | 2.44% |
| ACNAccenture Plc Class A | 0.16% | 2.99% | 2.83% |
| IBMIntl Business Machines Corp | 0.33% | 2.81% | 2.48% |
| AMATApplied Materials, Inc. | 0.64% | 2.37% | 1.73% |
70.0% of TDV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or TDV?
IVV has an expense ratio of 0.03% while TDV charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or TDV?
Over the past year IVV returned +19.36% vs +18.54% for TDV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.51% vs +15.70% for TDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TDV?
TDV has been the more volatile fund at 19.0% annualized versus 16.9% for IVV. Worst drawdown: IVV -33.9% vs TDV -32.8%.
Should I hold both IVV and TDV?
IVV and TDV have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and TDV?
70.0% of TDV's money is in holdings IVV also owns. 70.0% of TDV's is in holdings IVV also owns. They hold 27 positions in common, counted across the 504 positions we hold weights for in IVV and 38 in TDV.
Which pays a higher dividend, IVV or TDV?
IVV yields 1.10% while TDV yields 1.06%, so IVV currently pays the higher dividend yield.
Is TDV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, TDV over the full window. The two have moved almost in lockstep, correlation 0.95. TDV is less concentrated, with 29.0% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.