IVV vs VBND
iShares Core S&P 500 ETF vs Vident US Bond Strategy ETF
Which is better, IVV or VBND?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | VBND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.41% |
| AUM | $876.4B | $522M |
| Dividend Yield | 1.06% | 4.37% |
| Holdings | 508 | 177 |
| YTD Return | +12.01%Best | -0.93% |
| 1Y Return | +16.48%Best | -0.68% |
| 3Y Return (annualized) | +21.21%Best | +4.39% |
| 5Y Return (annualized) | +12.95%Best | -0.38% |
| Volatility (annualized) | 15.0% | 5.3%Best |
| Max Drawdown | -33.9% | -19.0%Best |
| $10,000 over 5 years | $18,384Best | $9,811 |
| Top 10 Weight | 37.8%Best | 42.2% |
| Fund Family | iShares by BlackRock (US) | Vident Financial |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Oct 15, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Oct 16, 2014 to Sep 14, 2026 (11.9 years).
IVV vs VBND growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs VBND Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Vident US Bond Strategy ETF (VBND) is an ETF from Vident Financial. Over the past year IVV returned +16.48% while VBND returned -0.68%. Year to date, IVV is up 12.01% versus a loss of 0.93% for VBND.
Over three years, IVV compounded at +21.21% per year against +4.39% for VBND; over five years the annualized figures are +12.95% and -0.38% respectively. Across the full 12-year window we track, IVV has the edge at +13.25% annualized vs +0.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 5.3% for VBND. 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 -33.9% for IVV and -19.0% for VBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while VBND charges 0.41%. On a $10,000 position that is $3 vs $41 annually, a gap of $38 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.37% for VBND.
Holdings Overlap
0.4% of VBND's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 151 in VBND, against full books of 508 and 177.
What only one of them owns
Our book lists 149 positions for VBND that do not appear in our book for IVV (98.2% of the fund), and 481 for IVV that do not appear in VBND (98.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VBND | Difference |
|---|---|---|---|
| LYBLyb Int Finance Iii 3.375 10/01/2040 | 0.03% | 0.39% | 0.36% |
You are not choosing between two funds in isolation.
Whichever of IVV and VBND you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or VBND?
IVV has an expense ratio of 0.03% while VBND charges 0.41%. IVV is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, IVV or VBND?
Over the past year IVV returned +16.48% vs -0.68% for VBND, so IVV leads on 1-year performance. Over the longest common window we track (12 years), IVV annualized +13.25% vs +0.23% for VBND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VBND?
IVV has been the more volatile fund at 15.0% annualized versus 5.3% for VBND. Worst drawdown: IVV -33.9% vs VBND -19.0%.
Should I hold both IVV and VBND?
IVV and VBND have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or VBND?
IVV yields 1.06% while VBND yields 4.37%, so VBND currently pays the higher dividend yield.
Is VBND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.