IVV vs VETZ
iShares Core S&P 500 ETF vs Academy Veteran Bond ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | VETZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $907.0B | $125M | |
| Dividend Yield | 1.10% | 6.15% | |
| Holdings | 508 | 146 | |
| YTD Return | +12.39% | +0.49% | |
| 1Y Return | +20.24% | +3.84% | |
| 3Y Return (annualized) | +21.78% | +5.09% | |
| 5Y Return (annualized) | +12.84% | - | |
| Volatility (annualized) | 15.1% | 5.5% | |
| Max Drawdown | -56.5% | -5.2% | |
| Fund Family | iShares by BlackRock (US) | Academy Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Aug 1, 2023 |
IVV vs VETZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Academy Veteran Bond ETF (VETZ) is a ETF from Academy Asset Management. Over the past year IVV returned +20.24% while VETZ returned +3.84%. Year to date, IVV is up 12.39% versus a gain of 0.49% for VETZ.
Over three years, IVV compounded at +21.78% per year against +5.09% for VETZ. Across the full 3-year window we track, IVV has the edge at +6.98% annualized vs +4.74%. 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 5.5% for VETZ. 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 -5.2% for VETZ. 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while VETZ charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 6.15% for VETZ.
Holdings Overlap
IVV and VETZ share 0 holdings out of 513 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 VETZ?
IVV has an expense ratio of 0.03% while VETZ charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or VETZ?
Over the past year IVV returned +20.24% vs +3.84% for VETZ, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +6.98% vs +4.74% for VETZ. Past performance does not guarantee future results.
Which is riskier, IVV or VETZ?
IVV has been the more volatile fund at 15.1% annualized versus 5.5% for VETZ. Worst drawdown: IVV -56.5% vs VETZ -5.2%.
Should I hold both IVV and VETZ?
IVV and VETZ have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VETZ?
IVV and VETZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, IVV or VETZ?
IVV yields 1.10% while VETZ yields 6.15%, so VETZ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.