IVV vs TYA
iShares Core S&P 500 ETF vs Simplify Intermediate Term Treasury Futures Strategy ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TYA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.25% | |
| AUM | $865.2B | $65M | |
| Dividend Yield | 1.09% | 3.64% | |
| Holdings | 508 | 3 | |
| YTD Return | +13.80% | -8.98% | |
| 1Y Return | +23.01% | -7.42% | |
| 3Y Return (annualized) | +21.77% | -0.73% | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 19.3% | |
| Max Drawdown | -56.5% | -51.1% | |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 27, 2021 |
IVV vs TYA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) is a ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +23.01% while TYA returned -7.42%. Year to date, IVV is up 13.80% versus a loss of 8.98% for TYA.
Over three years, IVV compounded at +21.77% per year against -0.73% for TYA. Across the full 5-year window we track, IVV has the edge at +7.04% annualized vs -11.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYA has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -51.1% for TYA. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TYA 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 1.09% against 3.64% for TYA.
Holdings Overlap
IVV and TYA share 0 holdings out of 506 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 TYA?
IVV has an expense ratio of 0.03% while TYA charges 0.25%. IVV is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, IVV or TYA?
Over the past year IVV returned +23.01% vs -7.42% for TYA, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.04% vs -11.06% for TYA. Past performance does not guarantee future results.
Which is riskier, IVV or TYA?
TYA has been the more volatile fund at 19.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TYA -51.1%.
Should I hold both IVV and TYA?
IVV and TYA have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TYA?
IVV and TYA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or TYA?
IVV yields 1.09% while TYA yields 3.64%, so TYA currently pays the higher dividend yield.
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