IVV vs WBND
iShares Core S&P 500 ETF vs Western Asset Total Return ETF
Which is better, IVV or WBND?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y 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 | WBND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $876.4B | $10M |
| Dividend Yield | 1.06% | 4.06% |
| Holdings | 508 | 512 |
| Volatility (annualized) | 17.3%Best | 142.2% |
| Max Drawdown | -33.9%Best | -81.5% |
| $10,000 over 6.9 years | $23,770Best | $10,601 |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Oct 3, 2018 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 385 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 11, 2026 and WBND through Aug 22, 2025.
Volatility and max drawdown, and the $10,000 over 6.9 years row, are measured over the window both funds cover: Oct 4, 2018 to Aug 22, 2025 (6.9 years).
Risk: Volatility and Drawdowns
WBND has been the more volatile fund, with annualized monthly volatility of 142.2% compared with 17.3% 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 -33.9% for IVV and -81.5% for WBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while WBND charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.06% for WBND.
You are not choosing between two funds in isolation.
Whichever of IVV and WBND 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 WBND?
IVV has an expense ratio of 0.03% while WBND charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which is riskier, IVV or WBND?
WBND has been the more volatile fund at 142.2% annualized versus 17.3% for IVV. Worst drawdown: IVV -33.9% vs WBND -81.5%.
Should I hold both IVV and WBND?
IVV and WBND have a monthly-return correlation of 0.02, 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 WBND?
IVV yields 1.06% while WBND yields 4.06%, so WBND currently pays the higher dividend yield.
Is WBND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.