IVV vs TRTY

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

MetricIVVTRTYWinner
Expense Ratio0.03%0.46%
AUM$865.2B$143M
Dividend Yield1.09%2.95%
Holdings50834
YTD Return+13.80%+8.96%
1Y Return+23.70%+17.62%
3Y Return (annualized)+21.49%+10.21%
5Y Return (annualized)+13.43%+6.24%
Volatility (annualized)15.1%9.5%
Max Drawdown-56.5%-22.3%
Fund FamilyiShares by BlackRock (US)Cambria Investment Management
CategoryEquityAllocation/Balanced
InceptionMay 15, 2000Sep 10, 2018

IVV vs TRTY Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Cambria Trinity ETF (TRTY) is a ETF from Cambria Investment Management. Over the past year IVV returned +23.70% while TRTY returned +17.62%. Year to date, IVV is up 13.80% versus a gain of 8.96% for TRTY.

Over three years, IVV compounded at +21.49% per year against +10.21% for TRTY; over five years the annualized figures are +13.43% and +6.24% respectively. Across the full 8-year window we track, IVV has the edge at +7.05% annualized vs +5.98%. 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 9.5% for TRTY. 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 -22.3% for TRTY. 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 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while TRTY charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.95% for TRTY.

Holdings Overlap

0.0%overlap

IVV and TRTY share 0 holdings out of 535 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 TRTY?

IVV has an expense ratio of 0.03% while TRTY charges 0.46%. IVV is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, IVV or TRTY?

Over the past year IVV returned +23.70% vs +17.62% for TRTY, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +7.05% vs +5.98% for TRTY. Past performance does not guarantee future results.

Which is riskier, IVV or TRTY?

IVV has been the more volatile fund at 15.1% annualized versus 9.5% for TRTY. Worst drawdown: IVV -56.5% vs TRTY -22.3%.

Should I hold both IVV and TRTY?

IVV and TRTY have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and TRTY?

IVV and TRTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 535 unique securities.

Which pays a higher dividend, IVV or TRTY?

IVV yields 1.09% while TRTY yields 2.95%, so TRTY currently pays the higher dividend yield.

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