IVV vs TMDV
iShares Core S&P 500 ETF vs ProShares Russell US Dividend Growers ETF
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 | TMDV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $907.0B | $5M | |
| Dividend Yield | 1.10% | 2.46% | |
| Holdings | 508 | 66 | |
| YTD Return | +12.28% | +13.99% | |
| 1Y Return | +20.94% | +11.09% | |
| 3Y Return (annualized) | +21.81% | +7.36% | |
| 5Y Return (annualized) | +13.05% | +4.22% | |
| Volatility (annualized) | 15.1% | 16.3% | |
| Max Drawdown | -56.5% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 5, 2019 |
IVV vs TMDV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ProShares Russell US Dividend Growers ETF (TMDV) is a ETF from ProShares. Over the past year IVV returned +20.94% while TMDV returned +11.09%. Year to date, IVV is up 12.28% versus a gain of 13.99% for TMDV.
Over three years, IVV compounded at +21.81% per year against +7.36% for TMDV; over five years the annualized figures are +13.05% and +4.22% respectively. Across the full 7-year window we track, IVV has the edge at +6.98% annualized vs +6.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMDV has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 15.1% 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 -56.5% for IVV and -33.4% for TMDV. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TMDV charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.46% for TMDV.
Holdings Overlap
IVV and TMDV share 40 holdings out of 530 unique holdings combined, representing a 6.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TMDV?
IVV has an expense ratio of 0.03% while TMDV charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or TMDV?
Over the past year IVV returned +20.94% vs +11.09% for TMDV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +6.98% vs +6.69% for TMDV. Past performance does not guarantee future results.
Which is riskier, IVV or TMDV?
TMDV has been the more volatile fund at 16.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TMDV -33.4%.
Should I hold both IVV and TMDV?
IVV and TMDV have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TMDV?
IVV and TMDV share 40 common holdings with a 6.4% weight overlap. Combined, they hold 530 unique securities.
Which pays a higher dividend, IVV or TMDV?
IVV yields 1.10% while TMDV yields 2.46%, so TMDV 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.