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

MetricIVVWEEKWinner
Expense Ratio0.03%0.19%
AUM$865.2B$184M
Dividend Yield1.09%0.93%
Holdings50815
YTD Return+13.80%+0.93%
1Y Return+23.70%+2.50%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%0.8%
Max Drawdown-56.5%-0.1%
Fund FamilyiShares by BlackRock (US)Roundhill Investments
CategoryEquityFixed Income
InceptionMay 15, 2000Mar 6, 2025

IVV vs WEEK Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill Weekly T-Bill ETF (WEEK) is a ETF from Roundhill Investments. Over the past year IVV returned +23.70% while WEEK returned +2.50%. Year to date, IVV is up 13.80% versus a gain of 0.93% for WEEK.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 0.8% for WEEK. 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 -0.1% for WEEK. 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while WEEK charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.93% for WEEK.

Holdings Overlap

0.0%overlap

IVV and WEEK share 0 holdings out of 506 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 WEEK?

IVV has an expense ratio of 0.03% while WEEK charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which performed better, IVV or WEEK?

Over the past year IVV returned +23.70% vs +2.50% for WEEK, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +3.87% for WEEK. Past performance does not guarantee future results.

Which is riskier, IVV or WEEK?

IVV has been the more volatile fund at 15.1% annualized versus 0.8% for WEEK. Worst drawdown: IVV -56.5% vs WEEK -0.1%.

Should I hold both IVV and WEEK?

IVV and WEEK have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and WEEK?

IVV and WEEK share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, IVV or WEEK?

IVV yields 1.09% while WEEK yields 0.93%, so IVV currently pays the higher dividend yield.

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