IVV vs TJUL
iShares Core S&P 500 ETF vs Innovator Equity Defined Protection ETF - 2 Yr to July 2027
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TJUL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $116M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +12.28% | +2.93% | |
| 1Y Return | +20.94% | +5.21% | |
| 3Y Return (annualized) | +21.81% | +7.33% | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 3.4% | |
| Max Drawdown | -56.5% | -4.6% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jul 18, 2023 |
IVV vs TJUL 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 July 2027 (TJUL) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +20.94% while TJUL returned +5.21%. Year to date, IVV is up 12.28% versus a gain of 2.93% for TJUL.
Over three years, IVV compounded at +21.81% per year against +7.33% for TJUL. Across the full 3-year window we track, IVV has the edge at +6.98% annualized vs +6.77%. 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 3.4% for TJUL. 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 -4.6% for TJUL. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TJUL 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 1.10% against 0.00% for TJUL.
Frequently Asked Questions
Which is cheaper, IVV or TJUL?
IVV has an expense ratio of 0.03% while TJUL 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 TJUL?
Over the past year IVV returned +20.94% vs +5.21% for TJUL, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +6.98% vs +6.77% for TJUL. Past performance does not guarantee future results.
Which is riskier, IVV or TJUL?
IVV has been the more volatile fund at 15.1% annualized versus 3.4% for TJUL. Worst drawdown: IVV -56.5% vs TJUL -4.6%.
Should I hold both IVV and TJUL?
IVV and TJUL have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or TJUL?
IVV yields 1.10% while TJUL yields 0.00%, so IVV currently pays the higher dividend yield.
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