IVV vs USDU
iShares Core S&P 500 ETF vs WisdomTree Bloomberg US Dollar Bullish Fund
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 | USDU | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.51% | |
| AUM | $865.2B | $464M | |
| Dividend Yield | 1.09% | 3.70% | |
| Holdings | 508 | 2 | |
| YTD Return | +13.43% | +2.36% | |
| 1Y Return | +22.61% | +4.28% | |
| 3Y Return (annualized) | +21.47% | +4.49% | |
| 5Y Return (annualized) | +13.26% | +5.14% | |
| Volatility (annualized) | 15.1% | 6.2% | |
| Max Drawdown | -56.5% | -14.5% | |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 18, 2013 |
IVV vs USDU Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and WisdomTree Bloomberg US Dollar Bullish Fund (USDU) is a ETF from WisdomTree Investments. Over the past year IVV returned +22.61% while USDU returned +4.28%. Year to date, IVV is up 13.43% versus a gain of 2.36% for USDU.
Over three years, IVV compounded at +21.47% per year against +4.49% for USDU; over five years the annualized figures are +13.26% and +5.14% respectively. Across the full 13-year window we track, IVV has the edge at +7.03% annualized vs +3.19%. 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 6.2% for USDU. 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 -14.5% for USDU. 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 -0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while USDU charges 0.51%. On a $10,000 position that is $3 vs $51 annually, a gap of $48 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.70% for USDU.
Holdings Overlap
IVV and USDU 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 USDU?
IVV has an expense ratio of 0.03% while USDU charges 0.51%. IVV is the cheaper option. On a $10,000 investment, that is $48 per year of difference.
Which performed better, IVV or USDU?
Over the past year IVV returned +22.61% vs +4.28% for USDU, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.03% vs +3.19% for USDU. Past performance does not guarantee future results.
Which is riskier, IVV or USDU?
IVV has been the more volatile fund at 15.1% annualized versus 6.2% for USDU. Worst drawdown: IVV -56.5% vs USDU -14.5%.
Should I hold both IVV and USDU?
IVV and USDU have a monthly-return correlation of -0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and USDU?
IVV and USDU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or USDU?
IVV yields 1.09% while USDU yields 3.70%, so USDU currently pays the higher dividend yield.
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