IVV vs VGIT
iShares Core S&P 500 ETF vs Vanguard Intermediate Term Treasury ETF
Quick Verdict
IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | VGIT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $907.0B | $42.4B | |
| Dividend Yield | 1.10% | 3.88% | |
| Holdings | 508 | 209 | |
| YTD Return | +12.39% | -0.37% | |
| 1Y Return | +20.24% | +1.47% | |
| 3Y Return (annualized) | +21.78% | +4.13% | |
| 5Y Return (annualized) | +12.84% | -0.09% | |
| Volatility (annualized) | 15.1% | 4.3% | |
| Max Drawdown | -56.5% | -17.2% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Nov 19, 2009 |
IVV vs VGIT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Intermediate Term Treasury ETF (VGIT) is a ETF from Vanguard (US). Over the past year IVV returned +20.24% while VGIT returned +1.47%. Year to date, IVV is up 12.39% versus a loss of 0.37% for VGIT.
Over three years, IVV compounded at +21.78% per year against +4.13% for VGIT; over five years the annualized figures are +12.84% and -0.09% respectively. Across the full 17-year window we track, IVV has the edge at +6.98% annualized vs +0.77%. 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 4.3% for VGIT. 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 -17.2% for VGIT. 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 -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while VGIT charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.10% against 3.88% for VGIT.
Holdings Overlap
IVV and VGIT share 0 holdings out of 589 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 VGIT?
IVV has an expense ratio of 0.03% while VGIT charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or VGIT?
Over the past year IVV returned +20.24% vs +1.47% for VGIT, so IVV leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +6.98% vs +0.77% for VGIT. Past performance does not guarantee future results.
Which is riskier, IVV or VGIT?
IVV has been the more volatile fund at 15.1% annualized versus 4.3% for VGIT. Worst drawdown: IVV -56.5% vs VGIT -17.2%.
Should I hold both IVV and VGIT?
IVV and VGIT have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VGIT?
IVV and VGIT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 589 unique securities.
Which pays a higher dividend, IVV or VGIT?
IVV yields 1.10% while VGIT yields 3.88%, so VGIT currently pays the higher dividend yield.
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