IVV vs TSMY
iShares Core S&P 500 ETF vs YieldMax TSM Option Income Strategy ETF
Quick Verdict
IVV has a lower expense ratio. TSMY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TSMY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.01% | |
| AUM | $907.0B | $111M | |
| Dividend Yield | 1.10% | 58.71% | |
| Holdings | 508 | 23 | |
| YTD Return | +12.71% | +28.23% | |
| 1Y Return | +21.89% | +67.00% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 27.5% | |
| Max Drawdown | -56.5% | -31.1% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Aug 20, 2024 |
IVV vs TSMY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax TSM Option Income Strategy ETF (TSMY) is a ETF from YieldMax ETF. Over the past year IVV returned +21.89% while TSMY returned +67.00%. Year to date, IVV is up 12.71% versus a gain of 28.23% for TSMY.
Risk: Volatility and Drawdowns
TSMY has been the more volatile fund, with annualized monthly volatility of 27.5% 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 -31.1% for TSMY. 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TSMY charges 1.01%. On a $10,000 position that is $3 vs $101 annually, a gap of $98 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 58.71% for TSMY.
Holdings Overlap
IVV and TSMY share 0 holdings out of 508 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 TSMY?
IVV has an expense ratio of 0.03% while TSMY charges 1.01%. IVV is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, IVV or TSMY?
Over the past year IVV returned +21.89% vs +67.00% for TSMY, so TSMY leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +42.26% for TSMY. Past performance does not guarantee future results.
Which is riskier, IVV or TSMY?
TSMY has been the more volatile fund at 27.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TSMY -31.1%.
Should I hold both IVV and TSMY?
IVV and TSMY have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TSMY?
IVV and TSMY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or TSMY?
IVV yields 1.10% while TSMY yields 58.71%, so TSMY currently pays the higher dividend yield.
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