IVV vs VDG
iShares Core S&P 500 ETF vs Vanguard Developed Markets ex-US Growth Index ETF
Which is better, IVV or VDG?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. VDG is less concentrated, with 21.8% of the fund in its ten largest positions against 37.9%.
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 | VDG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.08% |
| AUM | $876.4B | $32M |
| Dividend Yield | 1.06% | 0.31% |
| Holdings | 508 | 647 |
| YTD Return | +12.24%Best | +8.04% |
| 1Y Return | +18.61% | - |
| 3Y Return (annualized) | +20.98% | - |
| 5Y Return (annualized) | +12.76% | - |
| Top 10 Weight | 37.9% | 21.8%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Mar 31, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs VDG 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 VDG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Vanguard Developed Markets ex-US Growth Index ETF (VDG) is an ETF from Vanguard (US). Year to date, IVV is up 12.24% versus a gain of 8.04% for VDG.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while VDG charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.31% for VDG.
Holdings Overlap
0.6% of IVV's money is in holdings VDG also owns. 0.2% of VDG's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 505 positions we hold weights for in IVV and 613 in VDG, against full books of 508 and 647.
What only one of them owns
Our book lists 20 positions for VDG that do not appear in our book for IVV (7.0% of the fund), and 493 for IVV that do not appear in VDG (98.8%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and VDG 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 VDG?
IVV has an expense ratio of 0.03% while VDG charges 0.08%. IVV is the cheaper option, by $5 a year on a $10,000 investment.
Which pays a higher dividend, IVV or VDG?
IVV yields 1.06% while VDG yields 0.31%, so IVV currently pays the higher dividend yield.
Is VDG better than IVV?
IVV has a lower expense ratio. VDG is less concentrated, with 21.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.