IVV vs WEED

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVWEEDWinner
Expense Ratio0.03%0.41%
AUM$865.2B$8M
Dividend Yield1.09%0.00%
Holdings5089
YTD Return+13.72%-0.66%
1Y Return+21.64%+0.15%
3Y Return (annualized)+21.55%+0.21%
5Y Return (annualized)+13.27%-
Volatility (annualized)15.1%80.0%
Max Drawdown-56.5%-88.1%
Fund FamilyiShares by BlackRock (US)Roundhill Investments
CategoryEquityEquity
InceptionMay 15, 2000Apr 20, 2022

IVV vs WEED Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill Cannabis ETF (WEED) is a ETF from Roundhill Investments. Over the past year IVV returned +21.64% while WEED returned +0.15%. Year to date, IVV is up 13.72% versus a loss of 0.66% for WEED.

Over three years, IVV compounded at +21.55% per year against +0.21% for WEED. Across the full 4-year window we track, IVV has the edge at +7.04% annualized vs -26.27%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

WEED has been the more volatile fund, with annualized monthly volatility of 80.0% 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 -88.1% for WEED. 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 0.26. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while WEED charges 0.41%. On a $10,000 position that is $3 vs $41 annually, a gap of $38 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for WEED.

Holdings Overlap

0.0%overlap

IVV and WEED share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, IVV or WEED?

IVV has an expense ratio of 0.03% while WEED charges 0.41%. IVV is the cheaper option. On a $10,000 investment, that is $38 per year of difference.

Which performed better, IVV or WEED?

Over the past year IVV returned +21.64% vs +0.15% for WEED, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.04% vs -26.27% for WEED. Past performance does not guarantee future results.

Which is riskier, IVV or WEED?

WEED has been the more volatile fund at 80.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs WEED -88.1%.

Should I hold both IVV and WEED?

IVV and WEED have a monthly-return correlation of 0.26, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and WEED?

IVV and WEED share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, IVV or WEED?

IVV yields 1.09% while WEED yields 0.00%, so IVV currently pays the higher dividend yield.

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