IVV vs TIPZ
iShares Core S&P 500 ETF vs PIMCO Broad US TIPS Index Exchange-Traded Fund
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TIPZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $89M | |
| Dividend Yield | 1.09% | 4.27% | |
| Holdings | 508 | 44 | |
| YTD Return | +13.80% | -0.20% | |
| 1Y Return | +23.01% | +0.90% | |
| 3Y Return (annualized) | +21.77% | +3.64% | |
| 5Y Return (annualized) | +13.39% | -0.07% | |
| Volatility (annualized) | 15.1% | 5.2% | |
| Max Drawdown | -56.5% | -15.8% | |
| Fund Family | iShares by BlackRock (US) | PIMCO (US) | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 3, 2009 |
IVV vs TIPZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and PIMCO Broad US TIPS Index Exchange-Traded Fund (TIPZ) is a ETF from PIMCO (US). Over the past year IVV returned +23.01% while TIPZ returned +0.90%. Year to date, IVV is up 13.80% versus a loss of 0.20% for TIPZ.
Over three years, IVV compounded at +21.77% per year against +3.64% for TIPZ; over five years the annualized figures are +13.39% and -0.07% respectively. Across the full 17-year window we track, IVV has the edge at +7.04% annualized vs +1.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.2% for TIPZ. 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 -15.8% for TIPZ. 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TIPZ charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.27% for TIPZ.
Holdings Overlap
IVV and TIPZ share 0 holdings out of 545 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TIPZ?
IVV has an expense ratio of 0.03% while TIPZ charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IVV or TIPZ?
Over the past year IVV returned +23.01% vs +0.90% for TIPZ, so IVV leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +7.04% vs +1.77% for TIPZ. Past performance does not guarantee future results.
Which is riskier, IVV or TIPZ?
IVV has been the more volatile fund at 15.1% annualized versus 5.2% for TIPZ. Worst drawdown: IVV -56.5% vs TIPZ -15.8%.
Should I hold both IVV and TIPZ?
IVV and TIPZ have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TIPZ?
IVV and TIPZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 545 unique securities.
Which pays a higher dividend, IVV or TIPZ?
IVV yields 1.09% while TIPZ yields 4.27%, so TIPZ currently pays the higher dividend yield.
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