IVV vs TGRT
iShares Core S&P 500 ETF vs T. Rowe Price Growth ETF
Which is better, IVV or TGRT?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 1Y and 3Y, TGRT over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 56.1%.
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 | TGRT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.38% |
| AUM | $876.4B | $1.6B |
| Dividend Yield | 1.06% | 0.07% |
| Holdings | 508 | 94 |
| YTD Return | +12.51%Best | +4.36% |
| 1Y Return | +17.57%Best | +7.16% |
| 3Y Return (annualized) | +21.27%Best | +20.92% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.6%Best | 16.1% |
| Max Drawdown | -18.8%Best | -22.0% |
| $10,000 over 3.2 years | $17,903 | $18,061Best |
| Top 10 Weight | 37.9%Best | 56.1% |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 14, 2023 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 15, 2023 to Sep 11, 2026 (3.2 years).
IVV vs TGRT 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 3.2 years both funds cover.
IVV vs TGRT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and T. Rowe Price Growth ETF (TGRT) is an ETF from T.Rowe Price. Over the past year IVV returned +17.57% while TGRT returned +7.16%. Year to date, IVV is up 12.51% versus a gain of 4.36% for TGRT.
Over three years, IVV compounded at +21.27% per year against +20.92% for TGRT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TGRT has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 12.6% 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 -18.8% for IVV and -22.0% for TGRT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 TGRT charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.07% for TGRT.
Holdings Overlap
50.6% of IVV's money is in holdings TGRT also owns. 83.5% of TGRT's money is in holdings IVV also owns.
Most of TGRT is already inside IVV. Owning both mostly buys the same companies twice.
64 positions in common, counted across the 505 positions we hold weights for in IVV and 93 in TGRT, against full books of 508 and 94.
What only one of them owns
Our book lists 20 positions for TGRT that do not appear in our book for IVV (8.8% of the fund), and 432 for IVV that do not appear in TGRT (48.8%).
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 TGRT | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 15.42% | 7.44% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 10.80% | 7.61% |
| AAPLApple, Inc | 6.86% | 6.37% | 0.49% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 4.60% | 0.84% |
| AVGOBroadcom Inc | 2.98% | 5.93% | 2.95% |
| AMZNAmazon.Com Inc | 4.01% | 1.42% | 2.59% |
| METAMeta Platforms, Inc. | 1.94% | 3.00% | 1.06% |
| LLYEli Lilly & Co. | 1.39% | 2.65% | 1.26% |
| MUMicron Technology, Inc. | 1.51% | 2.17% | 0.66% |
| VVisa Inc | 0.92% | 2.35% | 1.43% |
83.5% of TGRT 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 TGRT?
IVV has an expense ratio of 0.03% while TGRT charges 0.38%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IVV or TGRT?
Over the past year IVV returned +17.57% vs +7.16% for TGRT, 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 TGRT?
TGRT has been the more volatile fund at 16.1% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs TGRT -22.0%.
Should I hold both IVV and TGRT?
IVV and TGRT have a monthly-return correlation of 0.94, 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 TGRT?
83.5% of TGRT's money is in holdings IVV also owns. 83.5% of TGRT's is in holdings IVV also owns. They hold 64 positions in common, counted across the 505 positions we hold weights for in IVV and 93 in TGRT.
Which pays a higher dividend, IVV or TGRT?
IVV yields 1.06% while TGRT yields 0.07%, so IVV currently pays the higher dividend yield.
Is TGRT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and 3Y, TGRT over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 56.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.