IVV vs TOAK
iShares Core S&P 500 ETF vs Twin Oak Short Horizon Absolute Return ETF
Which is better, IVV or TOAK?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | TOAK |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $876.4B | $105M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 3 |
| YTD Return | +12.39%Best | +2.32% |
| 1Y Return | +16.61%Best | +3.51% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.4% | 0.3%Best |
| Max Drawdown | -18.8% | -1.8%Best |
| $10,000 over 2.1 years | $14,058Best | $10,843 |
| Fund Family | iShares by BlackRock (US) | Twin Oak |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Aug 19, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 20, 2024 to Sep 18, 2026 (2.1 years).
IVV vs TOAK growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
IVV vs TOAK Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Twin Oak Short Horizon Absolute Return ETF (TOAK) is an ETF from Twin Oak. Over the past year IVV returned +16.61% while TOAK returned +3.51%. Year to date, IVV is up 12.39% versus a gain of 2.32% for TOAK.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 0.3% for TOAK. 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 -18.8% for IVV and -1.8% for TOAK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while TOAK charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for TOAK.
You are not choosing between two funds in isolation.
Whichever of IVV and TOAK you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or TOAK?
IVV has an expense ratio of 0.03% while TOAK charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IVV or TOAK?
Over the past year IVV returned +16.61% vs +3.51% for TOAK, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.61% vs +3.93% for TOAK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TOAK?
IVV has been the more volatile fund at 12.4% annualized versus 0.3% for TOAK. Worst drawdown: IVV -18.8% vs TOAK -1.8%.
Should I hold both IVV and TOAK?
IVV and TOAK have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or TOAK?
IVV yields 1.06% while TOAK yields 0.00%, so IVV currently pays the higher dividend yield.
Is TOAK better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.