IVV vs VRIG
iShares Core S&P 500 ETF vs Invesco Variable Rate Investment Grade ETF
Which is better, IVV or VRIG?
Large Cap Blend against Investment Grade Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | VRIG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $876.4B | $1.9B |
| Dividend Yield | 1.06% | 4.59% |
| Holdings | 508 | 347 |
| YTD Return | +14.14%Best | +2.69% |
| 1Y Return | +17.30%Best | +4.14% |
| 3Y Return (annualized) | +23.04%Best | +5.51% |
| 5Y Return (annualized) | +13.63%Best | +4.57% |
| Volatility (annualized) | 15.4% | 3.4%Best |
| Max Drawdown | -33.9% | -14.3%Best |
| $10,000 over 5 years | $18,944Best | $12,504 |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Investment Grade Bond |
| Inception | May 15, 2000 | Sep 20, 2016 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2016 to Sep 22, 2026 (10 years).
IVV vs VRIG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs VRIG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Variable Rate Investment Grade ETF (VRIG) is an ETF from Invesco (US). Over the past year IVV returned +17.30% while VRIG returned +4.14%. Year to date, IVV is up 14.14% versus a gain of 2.69% for VRIG.
Over three years, IVV compounded at +23.04% per year against +5.51% for VRIG; over five years the annualized figures are +13.63% and +4.57% respectively. Across the full 10-year window we track, IVV has the edge at +14.38% annualized vs +2.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 3.4% for VRIG. 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 -33.9% for IVV and -14.3% for VRIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while VRIG charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.59% for VRIG.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 273 in VRIG, totalling 99.3% and 57.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 273 in VRIG, against full books of 508 and 347.
You are not choosing between two funds in isolation.
Whichever of IVV and VRIG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or VRIG?
IVV has an expense ratio of 0.03% while VRIG charges 0.30%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, IVV or VRIG?
Over the past year IVV returned +17.30% vs +4.14% for VRIG, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.38% vs +2.35% for VRIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VRIG?
IVV has been the more volatile fund at 15.4% annualized versus 3.4% for VRIG. Worst drawdown: IVV -33.9% vs VRIG -14.3%.
Should I hold both IVV and VRIG?
IVV and VRIG have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or VRIG?
IVV yields 1.06% while VRIG yields 4.59%, so VRIG currently pays the higher dividend yield.
Is VRIG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.