IVV vs WDIV
iShares Core S&P 500 ETF vs State Street SPDR S&P Global Dividend ETF
Which is better, IVV or WDIV?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, WDIV over 1Y. WDIV is less concentrated, with 16.6% of the fund in its ten largest positions against 37.9%.
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 | WDIV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $886.7B | $290M |
| Dividend Yield | 1.10% | 4.09% |
| Holdings | 508 | 121 |
| YTD Return | +13.39% | +15.31%Best |
| 1Y Return | +20.08% | +23.21%Best |
| 3Y Return (annualized) | +21.29%Best | +19.34% |
| 5Y Return (annualized) | +12.88%Best | +9.56% |
| Volatility (annualized) | 14.5%Best | 14.7% |
| Max Drawdown | -33.9%Best | -44.5% |
| $10,000 over 5 years | $18,327Best | $15,786 |
| Top 10 Weight | 37.9% | 16.6%Best |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | May 29, 2013 |
Volatility and max drawdown are measured over the window both funds cover: May 30, 2013 to Sep 4, 2026 (13.3 years).
IVV vs WDIV 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 13.3 years both funds cover.
IVV vs WDIV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Global Dividend ETF (WDIV) is an ETF from SPDR State Street Global Advisors. Over the past year IVV returned +20.08% while WDIV returned +23.21%. Year to date, IVV is up 13.39% versus a gain of 15.31% for WDIV.
Over three years, IVV compounded at +21.29% per year against +19.34% for WDIV; over five years the annualized figures are +12.88% and +9.56% respectively. Across the full 13-year window we track, IVV has the edge at +12.92% annualized vs +4.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WDIV has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.5% 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 -44.5% for WDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while WDIV charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 4.09% for WDIV.
Holdings Overlap
0.8% of IVV's money is in holdings WDIV also owns. 7.8% of WDIV's money is in holdings IVV also owns.
WDIV and IVV share little of their money.
6 positions in common, counted across the 505 positions we hold weights for in IVV and 94 in WDIV, against full books of 508 and 121.
What only one of them owns
Our book lists 16 positions for WDIV that do not appear in our book for IVV (17.6% of the fund), and 491 for IVV that do not appear in WDIV (98.5%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and WDIV 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 WDIV?
IVV has an expense ratio of 0.03% while WDIV charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or WDIV?
Over the past year IVV returned +20.08% vs +23.21% for WDIV, so WDIV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +12.92% vs +4.59% for WDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or WDIV?
WDIV has been the more volatile fund at 14.7% annualized versus 14.5% for IVV. Worst drawdown: IVV -33.9% vs WDIV -44.5%.
Should I hold both IVV and WDIV?
IVV and WDIV have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and WDIV?
7.8% of WDIV's money is in holdings IVV also owns. 7.8% of WDIV's is in holdings IVV also owns. They hold 6 positions in common, counted across the 505 positions we hold weights for in IVV and 94 in WDIV.
Which pays a higher dividend, IVV or WDIV?
IVV yields 1.10% while WDIV yields 4.09%, so WDIV currently pays the higher dividend yield.
Is WDIV better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, WDIV over 1Y. WDIV is less concentrated, with 16.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.