IVV vs VBK
IVV vs VBK
iShares Core S&P 500 ETF vs Vanguard Small Cap Growth ETF
Quick Verdict
IVV has a lower expense ratio. VBK delivered stronger 1-year returns. VBK offers more diversification with 542 holdings.
Side-by-Side Comparison
| Metric | IVV | VBK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.05% | |
| AUM | $865.2B | $24.8B | |
| Dividend Yield | 1.09% | 0.57% | |
| Holdings | 508 | 561 | |
| YTD Return | +13.80% | +17.71% | |
| 1Y Return | +23.70% | +29.45% | |
| 3Y Return (annualized) | +21.49% | +16.91% | |
| 5Y Return (annualized) | +13.43% | +5.29% | |
| Volatility (annualized) | 15.1% | 19.6% | |
| Max Drawdown | -56.5% | -59.4% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 26, 2004 |
IVV vs VBK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Small Cap Growth ETF (VBK) is a ETF from Vanguard (US). Over the past year IVV returned +23.70% while VBK returned +29.45%. Year to date, IVV is up 13.80% versus a gain of 17.71% for VBK.
Over three years, IVV compounded at +21.49% per year against +16.91% for VBK; over five years the annualized figures are +13.43% and +5.29% respectively. Across the full 23-year window we track, VBK has the edge at +9.41% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VBK has been the more volatile fund, with annualized monthly volatility of 19.6% 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 -59.4% for VBK. 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while VBK charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.57% for VBK.
Holdings Overlap
IVV and VBK share 32 holdings out of 1015 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VBK | Difference |
|---|---|---|---|
| CASY | 0.05% | 0.80% | 0.75% |
| NUVL | 0.62% | 0.00% | 0.62% |
| EME | 0.05% | 0.51% | 0.46% |
| INCY | Pro | Pro | Pro |
| LII | Pro | Pro | Pro |
| GNRC | Pro | Pro | Pro |
| NDSN | Pro | Pro | Pro |
| DECK | Pro | Pro | Pro |
| TPL | Pro | Pro | Pro |
| PTC | Pro | Pro | Pro |
See all 10 holdings IVV shares with VBK Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or VBK?
IVV has an expense ratio of 0.03% while VBK charges 0.05%. IVV is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, IVV or VBK?
Over the past year IVV returned +23.70% vs +29.45% for VBK, so VBK leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +7.05% vs +9.41% for VBK. Past performance does not guarantee future results.
Which is riskier, IVV or VBK?
VBK has been the more volatile fund at 19.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VBK -59.4%.
Should I hold both IVV and VBK?
IVV and VBK have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and VBK?
IVV and VBK share 32 common holdings with a 0.7% weight overlap. Combined, they hold 1015 unique securities.
Which pays a higher dividend, IVV or VBK?
IVV yields 1.09% while VBK yields 0.57%, so IVV currently pays the higher dividend yield.
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