IVV vs WEEI
iShares Core S&P 500 ETF vs Westwood Salient Enhanced Energy Income ETF
Quick Verdict
IVV has a lower expense ratio. WEEI delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | WEEI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $865.2B | $96M | |
| Dividend Yield | 1.09% | 13.25% | |
| Holdings | 508 | 159 | |
| YTD Return | +13.80% | +20.62% | |
| 1Y Return | +23.01% | +33.93% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 16.3% | |
| Max Drawdown | -56.5% | -18.8% | |
| Fund Family | iShares by BlackRock (US) | Westwood Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 30, 2024 |
IVV vs WEEI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Westwood Salient Enhanced Energy Income ETF (WEEI) is a ETF from Westwood Funds. Over the past year IVV returned +23.01% while WEEI returned +33.93%. Year to date, IVV is up 13.80% versus a gain of 20.62% for WEEI.
Risk: Volatility and Drawdowns
WEEI has been the more volatile fund, with annualized monthly volatility of 16.3% 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 -18.8% for WEEI. 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 0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while WEEI charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 13.25% for WEEI.
Holdings Overlap
IVV and WEEI share 19 holdings out of 507 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or WEEI?
IVV has an expense ratio of 0.03% while WEEI charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or WEEI?
Over the past year IVV returned +23.01% vs +33.93% for WEEI, so WEEI leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +13.99% for WEEI. Past performance does not guarantee future results.
Which is riskier, IVV or WEEI?
WEEI has been the more volatile fund at 16.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs WEEI -18.8%.
Should I hold both IVV and WEEI?
IVV and WEEI have a monthly-return correlation of 0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and WEEI?
IVV and WEEI share 19 common holdings with a 3.8% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or WEEI?
IVV yields 1.09% while WEEI yields 13.25%, so WEEI currently pays the higher dividend yield.
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