IVV vs TSI
iShares Core S&P 500 ETF vs TCW Strategic Income Fund Inc.
Which is better, IVV or TSI?
Large Cap Blend against Diversified Sectoral Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | TSI |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.03% |
| AUM | $876.4B | - |
| Dividend Yield | 1.06% | 7.68% |
| Holdings | 508 | 746 |
| YTD Return | +11.51%Best | -7.95% |
| 1Y Return | +15.96%Best | -5.78% |
| 3Y Return (annualized) | +21.01%Best | +5.48% |
| 5Y Return (annualized) | +12.66%Best | +1.60% |
| Volatility (annualized) | 15.1%Best | 15.9% |
| Max Drawdown | -56.5%Best | -83.3% |
| $10,000 over 5 years | $18,149Best | $10,826 |
| Fund Family | iShares by BlackRock (US) | TCW Funds |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Diversified Sectoral Bond |
| Inception | May 15, 2000 | Mar 5, 1987 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 15, 2026 (26.3 years).
IVV vs TSI 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 26.3 years both funds cover.
IVV vs TSI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and TCW Strategic Income Fund Inc. (TSI) is an ETF from TCW Funds. Over the past year IVV returned +15.96% while TSI returned -5.78%. Year to date, IVV is up 11.51% versus a loss of 7.95% for TSI.
Over three years, IVV compounded at +21.01% per year against +5.48% for TSI; over five years the annualized figures are +12.66% and +1.60% respectively. Across the full 26-year window we track, IVV has the edge at +6.93% annualized vs -1.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSI has been the more volatile fund, with annualized monthly volatility of 15.9% 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 -83.3% for TSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while TSI charges 1.03%. On a $10,000 position that is $3 vs $103 annually, a gap of $100 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.68% for TSI.
Holdings Overlap
At least 0.5% of IVV's money is in holdings TSI also owns.
Stated as a floor: for TSI, our book for it covers 24.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 153 days apart, IVV as of Aug 31, 2026 and TSI as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 490 positions we hold weights for in IVV and 247 in TSI, against full books of 508 and 746.
You are not choosing between two funds in isolation.
Whichever of IVV and TSI 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 TSI?
IVV has an expense ratio of 0.03% while TSI charges 1.03%. IVV is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, IVV or TSI?
Over the past year IVV returned +15.96% vs -5.78% for TSI, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.93% vs -1.55% for TSI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TSI?
TSI has been the more volatile fund at 15.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TSI -83.3%.
Should I hold both IVV and TSI?
IVV and TSI have a monthly-return correlation of 0.42, 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 TSI?
IVV yields 1.06% while TSI yields 7.68%, so TSI currently pays the higher dividend yield.
Is TSI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.