IVV vs TRSY
iShares Core S&P 500 ETF vs Xtrackers US 0-1 Year Treasury 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 | TRSY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.06% | |
| AUM | $865.2B | $80M | |
| Dividend Yield | 1.09% | 3.72% | |
| Holdings | 508 | 88 | |
| YTD Return | +14.50% | +0.33% | |
| 1Y Return | +22.02% | +1.53% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 0.6% | |
| Max Drawdown | -56.5% | -0.8% | |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Oct 9, 2024 |
IVV vs TRSY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Xtrackers US 0-1 Year Treasury ETF (TRSY) is a ETF from Xtrackers ETFs. Over the past year IVV returned +22.02% while TRSY returned +1.53%. Year to date, IVV is up 14.50% versus a gain of 0.33% for TRSY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 0.6% for TRSY. 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 -0.8% for TRSY. 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 0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TRSY charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.72% for TRSY.
Holdings Overlap
IVV and TRSY share 0 holdings out of 553 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 TRSY?
IVV has an expense ratio of 0.03% while TRSY charges 0.06%. IVV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, IVV or TRSY?
Over the past year IVV returned +22.02% vs +1.53% for TRSY, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs +2.85% for TRSY. Past performance does not guarantee future results.
Which is riskier, IVV or TRSY?
IVV has been the more volatile fund at 15.1% annualized versus 0.6% for TRSY. Worst drawdown: IVV -56.5% vs TRSY -0.8%.
Should I hold both IVV and TRSY?
IVV and TRSY have a monthly-return correlation of 0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TRSY?
IVV and TRSY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, IVV or TRSY?
IVV yields 1.09% while TRSY yields 3.72%, so TRSY currently pays the higher dividend yield.
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