IVV vs TMH

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVTMHWinner
Expense Ratio0.03%0.19%
AUM$865.2B$1M
Dividend Yield1.09%17.29%
Holdings5082
YTD Return+13.72%-9.18%
1Y Return+21.64%+9.11%
3Y Return (annualized)+21.55%-
5Y Return (annualized)+13.27%-
Volatility (annualized)15.1%24.6%
Max Drawdown-56.5%-27.5%
Fund FamilyiShares by BlackRock (US)ADRH
CategoryEquityEquity
InceptionMay 15, 2000Mar 13, 2025

IVV vs TMH Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Toyota Motor Corporation ADRhedged (TMH) is a ETF from ADRH. Over the past year IVV returned +21.64% while TMH returned +9.11%. Year to date, IVV is up 13.72% versus a loss of 9.18% for TMH.

Risk: Volatility and Drawdowns

TMH has been the more volatile fund, with annualized monthly volatility of 24.6% 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 -27.5% for TMH. 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 -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while TMH charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 17.29% for TMH.

Holdings Overlap

0.0%overlap

IVV and TMH share 0 holdings out of 506 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 TMH?

IVV has an expense ratio of 0.03% while TMH charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which performed better, IVV or TMH?

Over the past year IVV returned +21.64% vs +9.11% for TMH, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.04% vs +11.20% for TMH. Past performance does not guarantee future results.

Which is riskier, IVV or TMH?

TMH has been the more volatile fund at 24.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TMH -27.5%.

Should I hold both IVV and TMH?

IVV and TMH have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and TMH?

IVV and TMH share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, IVV or TMH?

IVV yields 1.09% while TMH yields 17.29%, so TMH currently pays the higher dividend yield.

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