IVV vs TYG
iShares Core S&P 500 ETF vs Tortoise Energy Infrastructure Corporation
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 | TYG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.49% | |
| AUM | $907.0B | $1.6B | |
| Dividend Yield | 1.10% | 11.96% | |
| Holdings | 508 | 41 | |
| YTD Return | +14.29% | +14.81% | |
| 1Y Return | +21.79% | +15.23% | |
| 3Y Return (annualized) | +22.19% | +25.91% | |
| 5Y Return (annualized) | +13.28% | +21.39% | |
| Volatility (annualized) | 15.1% | 34.9% | |
| Max Drawdown | -56.5% | -97.3% | |
| Fund Family | iShares by BlackRock (US) | TortoiseEcofin Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 27, 2004 |
IVV vs TYG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Tortoise Energy Infrastructure Corporation (TYG) is a ETF from TortoiseEcofin Funds. Over the past year IVV returned +21.79% while TYG returned +15.23%. Year to date, IVV is up 14.29% versus a gain of 14.81% for TYG.
Over three years, IVV compounded at +22.19% per year against +25.91% for TYG; over five years the annualized figures are +13.28% and +21.39% respectively. Across the full 23-year window we track, IVV has the edge at +7.06% annualized vs -1.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYG has been the more volatile fund, with annualized monthly volatility of 34.9% 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 -97.3% for TYG. 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TYG charges 1.49%. On a $10,000 position that is $3 vs $149 annually, a gap of $146 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 11.96% for TYG.
Holdings Overlap
IVV and TYG share 16 holdings out of 522 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TYG?
IVV has an expense ratio of 0.03% while TYG charges 1.49%. IVV is the cheaper option. On a $10,000 investment, that is $146 per year of difference.
Which performed better, IVV or TYG?
Over the past year IVV returned +21.79% vs +15.23% for TYG, so IVV leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +7.06% vs -1.34% for TYG. Past performance does not guarantee future results.
Which is riskier, IVV or TYG?
TYG has been the more volatile fund at 34.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TYG -97.3%.
Should I hold both IVV and TYG?
IVV and TYG have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TYG?
IVV and TYG share 16 common holdings with a 1.2% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, IVV or TYG?
IVV yields 1.10% while TYG yields 11.96%, so TYG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.