IVV vs VCIT
iShares Core S&P 500 ETF vs Vanguard Intermediate Term Corporate Bond ETF
Which is better, IVV or VCIT?
Large Cap Blend against Long Term Mid Quality.
IVV led over 1Y, 3Y, 5Y and the full window.
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 | VCIT |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $69.8B |
| Dividend Yield | 1.06% | 4.89% |
| Holdings | 508 | 2,271 |
| YTD Return | +14.15%Best | -1.44% |
| 1Y Return | +17.31%Best | -0.37% |
| 3Y Return (annualized) | +23.17%Best | +6.06% |
| 5Y Return (annualized) | +13.85%Best | +0.52% |
| Volatility (annualized) | 14.4% | 5.9%Best |
| Max Drawdown | -33.9% | -20.7%Best |
| $10,000 over 5 years | $19,128Best | $10,263 |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term Mid Quality |
| Inception | May 15, 2000 | Nov 19, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 23, 2009 to Sep 21, 2026 (16.8 years).
IVV vs VCIT 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 VCIT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Vanguard Intermediate Term Corporate Bond ETF (VCIT) is an ETF from Vanguard (US). Over the past year IVV returned +17.31% while VCIT returned -0.37%. Year to date, IVV is up 14.15% versus a loss of 1.44% for VCIT.
Over three years, IVV compounded at +23.17% per year against +6.06% for VCIT; over five years the annualized figures are +13.85% and +0.52% respectively. Across the full 17-year window we track, IVV has the edge at +12.78% annualized vs +1.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 5.9% for VCIT. 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 -20.7% for VCIT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while VCIT charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 4.89% for VCIT.
Holdings Overlap
At least 0.8% of IVV's money is in holdings VCIT also owns.
Stated as a floor: for VCIT, our book for it covers 61.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 490 positions we hold weights for in IVV and 1,364 in VCIT, against full books of 508 and 2,271.
You are not choosing between two funds in isolation.
Whichever of IVV and VCIT 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 VCIT?
IVV has an expense ratio of 0.03% while VCIT charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or VCIT?
Over the past year IVV returned +17.31% vs -0.37% for VCIT, so IVV leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +12.78% vs +1.67% for VCIT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VCIT?
IVV has been the more volatile fund at 14.4% annualized versus 5.9% for VCIT. Worst drawdown: IVV -33.9% vs VCIT -20.7%.
Should I hold both IVV and VCIT?
IVV and VCIT have a monthly-return correlation of 0.46, 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 VCIT?
IVV yields 1.06% while VCIT yields 4.89%, so VCIT currently pays the higher dividend yield.
Is VCIT better than IVV?
IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.