IVV vs TIP
iShares Core S&P 500 ETF vs iShares TIPS Bond ETF
Which is better, IVV or TIP?
Large Cap Blend against Inflation Protection.
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 | TIP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.18% |
| AUM | $876.4B | $15.0B |
| Dividend Yield | 1.06% | 4.98% |
| Holdings | 508 | 51 |
| YTD Return | +12.27%Best | -0.49% |
| 1Y Return | +17.04%Best | -1.14% |
| 3Y Return (annualized) | +21.24%Best | +3.58% |
| 5Y Return (annualized) | +13.08%Best | -0.02% |
| Volatility (annualized) | 14.6% | 5.7%Best |
| Max Drawdown | -56.5% | -18.6%Best |
| $10,000 over 5 years | $18,490Best | $9,990 |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Inflation Protection |
| Inception | May 15, 2000 | Dec 4, 2003 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 5, 2003 to Sep 17, 2026 (22.8 years).
IVV vs TIP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs TIP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares TIPS Bond ETF (TIP) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.04% while TIP returned -1.14%. Year to date, IVV is up 12.27% versus a loss of 0.49% for TIP.
Over three years, IVV compounded at +21.24% per year against +3.58% for TIP; over five years the annualized figures are +13.08% and -0.02% respectively. Across the full 23-year window we track, IVV has the edge at +9.40% annualized vs +1.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 5.7% for TIP. 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 -18.6% for TIP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while TIP charges 0.18%. On a $10,000 position that is $3 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.98% for TIP.
Holdings Overlap
At least 0.1% of IVV's money is in holdings TIP also owns.
Stated as a floor: for TIP, our book for it covers 83.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 44 in TIP, against full books of 508 and 51.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TIP | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.15% | 0.45% | 0.30% |
You are not choosing between two funds in isolation.
Whichever of IVV and TIP 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 TIP?
IVV has an expense ratio of 0.03% while TIP charges 0.18%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IVV or TIP?
Over the past year IVV returned +17.04% vs -1.14% for TIP, so IVV leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +9.40% vs +1.18% for TIP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TIP?
IVV has been the more volatile fund at 14.6% annualized versus 5.7% for TIP. Worst drawdown: IVV -56.5% vs TIP -18.6%.
Should I hold both IVV and TIP?
IVV and TIP have a monthly-return correlation of 0.32, 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 TIP?
IVV yields 1.06% while TIP yields 4.98%, so TIP currently pays the higher dividend yield.
Is TIP 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.