IVV vs VIOG
iShares Core S&P 500 ETF vs Vanguard S&P Small Cap 600 Growth ETF
Quick Verdict
IVV has a lower expense ratio. VIOG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | VIOG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.10% | |
| AUM | $865.2B | $1.1B | |
| Dividend Yield | 1.09% | 1.20% | |
| Holdings | 508 | 347 | |
| YTD Return | +14.50% | +24.78% | |
| 1Y Return | +22.02% | +27.61% | |
| 3Y Return (annualized) | +21.80% | +16.11% | |
| 5Y Return (annualized) | +13.37% | +7.07% | |
| Volatility (annualized) | 15.1% | 18.4% | |
| Max Drawdown | -56.5% | -42.8% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 7, 2010 |
IVV vs VIOG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard S&P Small Cap 600 Growth ETF (VIOG) is a ETF from Vanguard (US). Over the past year IVV returned +22.02% while VIOG returned +27.61%. Year to date, IVV is up 14.50% versus a gain of 24.78% for VIOG.
Over three years, IVV compounded at +21.80% per year against +16.11% for VIOG; over five years the annualized figures are +13.37% and +7.07% respectively. Across the full 16-year window we track, VIOG has the edge at +12.42% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VIOG has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 15.1% for IVV. 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 -42.8% for VIOG. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while VIOG charges 0.10%. On a $10,000 position that is $3 vs $10 annually, a gap of $7 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.20% for VIOG.
Holdings Overlap
IVV and VIOG share 1 holdings out of 853 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VIOG | Difference |
|---|---|---|---|
| NUVL | 0.62% | 0.00% | 0.62% |
Frequently Asked Questions
Which is cheaper, IVV or VIOG?
IVV has an expense ratio of 0.03% while VIOG charges 0.10%. IVV is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, IVV or VIOG?
Over the past year IVV returned +22.02% vs +27.61% for VIOG, so VIOG leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +7.07% vs +12.42% for VIOG. Past performance does not guarantee future results.
Which is riskier, IVV or VIOG?
VIOG has been the more volatile fund at 18.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VIOG -42.8%.
Should I hold both IVV and VIOG?
IVV and VIOG have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VIOG?
IVV and VIOG share 1 common holdings with a 0.0% weight overlap. Combined, they hold 853 unique securities.
Which pays a higher dividend, IVV or VIOG?
IVV yields 1.09% while VIOG yields 1.20%, so VIOG currently pays the higher dividend yield.
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