IVV vs VLUE
iShares Core S&P 500 ETF vs iShares MSCI USA Value Factor ETF
Quick Verdict
IVV has a lower expense ratio. VLUE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | VLUE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $907.0B | $9.9B | |
| Dividend Yield | 1.10% | 1.45% | |
| Holdings | 508 | 156 | |
| YTD Return | +12.71% | +45.96% | |
| 1Y Return | +21.89% | +76.18% | |
| 3Y Return (annualized) | +22.08% | +32.94% | |
| 5Y Return (annualized) | +12.96% | +17.19% | |
| Volatility (annualized) | 15.1% | 18.9% | |
| Max Drawdown | -56.5% | -39.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 16, 2013 |
IVV vs VLUE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares MSCI USA Value Factor ETF (VLUE) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.89% while VLUE returned +76.18%. Year to date, IVV is up 12.71% versus a gain of 45.96% for VLUE.
Over three years, IVV compounded at +22.08% per year against +32.94% for VLUE; over five years the annualized figures are +12.96% and +17.19% respectively. Across the full 13-year window we track, VLUE has the edge at +12.32% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VLUE has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -39.5% for VLUE. 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 VLUE charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.45% for VLUE.
Holdings Overlap
IVV and VLUE share 132 holdings out of 525 unique holdings combined, representing a 13.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or VLUE?
IVV has an expense ratio of 0.03% while VLUE charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IVV or VLUE?
Over the past year IVV returned +21.89% vs +76.18% for VLUE, so VLUE leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.00% vs +12.32% for VLUE. Past performance does not guarantee future results.
Which is riskier, IVV or VLUE?
VLUE has been the more volatile fund at 18.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VLUE -39.5%.
Should I hold both IVV and VLUE?
IVV and VLUE 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 VLUE?
IVV and VLUE share 132 common holdings with a 13.0% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, IVV or VLUE?
IVV yields 1.10% while VLUE yields 1.45%, so VLUE currently pays the higher dividend yield.
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