IVV vs TJAN
iShares Core S&P 500 ETF vs Innovator Equity Defined Protection ETF - 2 Yr to January 2027
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 | TJAN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $33M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +14.50% | +4.12% | |
| 1Y Return | +22.02% | +6.44% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 3.4% | |
| Max Drawdown | -56.5% | -4.8% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 31, 2024 |
IVV vs TJAN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +22.02% while TJAN returned +6.44%. Year to date, IVV is up 14.50% versus a gain of 4.12% for TJAN.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.4% for TJAN. 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 -4.8% for TJAN. 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 0.93. 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 TJAN charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for TJAN.
Frequently Asked Questions
Which is cheaper, IVV or TJAN?
IVV has an expense ratio of 0.03% while TJAN charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or TJAN?
Over the past year IVV returned +22.02% vs +6.44% for TJAN, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs +7.20% for TJAN. Past performance does not guarantee future results.
Which is riskier, IVV or TJAN?
IVV has been the more volatile fund at 15.1% annualized versus 3.4% for TJAN. Worst drawdown: IVV -56.5% vs TJAN -4.8%.
Should I hold both IVV and TJAN?
IVV and TJAN have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, IVV or TJAN?
IVV yields 1.09% while TJAN yields 0.00%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.