IVV vs VOTE
iShares Core S&P 500 ETF vs TCW Transform 500 ETF
Which is better, IVV or VOTE?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 5Y and the full window, VOTE over 1Y and 3Y. The two have moved almost in lockstep, correlation 1.00. VOTE is less concentrated, with 36.6% of the fund in its ten largest positions against 37.3%.
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 | VOTE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.05% |
| AUM | $879.1B | $1.1B |
| Dividend Yield | 1.09% | 0.92% |
| Holdings | 509 | 507 |
| YTD Return | +11.33%Best | +11.32% |
| 1Y Return | +13.50% | +13.53%Best |
| 3Y Return (annualized) | +20.45% | +20.50%Best |
| 5Y Return (annualized) | +11.61%Best | +11.22% |
| Volatility (annualized) | 15.3%Best | 15.5% |
| Max Drawdown | -24.5%Best | -25.7% |
| $10,000 over 5 years | $17,319Best | $17,018 |
| Top 10 Weight | 37.3% | 36.6%Best |
| Fund Family | iShares by BlackRock (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 22, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2021 to Nov 13, 2026 (5.4 years).
IVV vs VOTE 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 covers the 5.4 years both funds cover.
IVV vs VOTE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and TCW Transform 500 ETF (VOTE) is an ETF from TCW ETFs. Over the past year IVV returned +13.50% while VOTE returned +13.53%. Year to date, IVV is up 11.33% versus a gain of 11.32% for VOTE.
Over three years, IVV compounded at +20.45% per year against +20.50% for VOTE; over five years the annualized figures are +11.61% and +11.22% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOTE has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.3% 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 -24.5% for IVV and -25.7% for VOTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while VOTE charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.92% for VOTE.
Holdings Overlap
96.7% of IVV's money is in holdings VOTE also owns. 95.8% of VOTE's money is in holdings IVV also owns.
Most of IVV is already inside VOTE. Owning both mostly buys the same companies twice.
413 positions in common, counted across the 490 positions we hold weights for in IVV and 505 in VOTE, against full books of 509 and 507.
What only one of them owns
Our book lists 73 positions for VOTE that do not appear in our book for IVV (3.3% of the fund), and 70 for IVV that do not appear in VOTE (2.0%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VOTE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.70% | 7.56% | 0.14% |
| NVDANvidia Corp. | 7.58% | 7.21% | 0.37% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.93% | 5.77% | 0.16% |
| AMZNAmazon.Com Inc | 3.61% | 3.71% | 0.10% |
| GOOGLAlphabet Inc., Class A | 2.51% | 2.50% | 0.01% |
| AVGOBroadcom Inc | 2.37% | 2.31% | 0.06% |
| METAMeta Platform Inc | 2.08% | 2.05% | 0.03% |
| GOOGAlphabet, Inc., Class C | 2.02% | 2.03% | 0.01% |
| LLYEli Lilly & Co. | 1.74% | 1.73% | 0.01% |
| TSLATesla Motors Inc | 1.72% | 1.75% | 0.03% |
96.7% of IVV is already inside VOTE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or VOTE?
IVV has an expense ratio of 0.03% while VOTE charges 0.05%. IVV is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, IVV or VOTE?
Over the past year IVV returned +13.50% vs +13.53% for VOTE, so VOTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VOTE?
VOTE has been the more volatile fund at 15.5% annualized versus 15.3% for IVV. Worst drawdown: IVV -24.5% vs VOTE -25.7%.
Should I hold both IVV and VOTE?
IVV and VOTE have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and VOTE?
96.7% of IVV's money is in holdings VOTE also owns. 95.8% of VOTE's is in holdings IVV also owns. They hold 413 positions in common, counted across the 490 positions we hold weights for in IVV and 505 in VOTE.
Which pays a higher dividend, IVV or VOTE?
IVV yields 1.09% while VOTE yields 0.92%, so IVV currently pays the higher dividend yield.
Is VOTE better than IVV?
IVV has a lower expense ratio. IVV led over 5Y and the full window, VOTE over 1Y and 3Y. The two have moved almost in lockstep, correlation 1.00. VOTE is less concentrated, with 36.6% of the fund in its ten largest positions against 37.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.