IVV vs WINN
iShares Core S&P 500 ETF vs Harbor Long-Term Growers ETF
Which is better, IVV or WINN?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window, WINN over 3Y. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.1%.
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 | WINN |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.57% |
| AUM | $876.4B | $1.2B |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 75 |
| YTD Return | +11.51%Best | +6.71% |
| 1Y Return | +15.96%Best | +6.50% |
| 3Y Return (annualized) | +21.01% | +21.30%Best |
| 5Y Return (annualized) | +12.66% | - |
| Volatility (annualized) | 15.7%Best | 21.0% |
| Max Drawdown | -22.1%Best | -32.1% |
| $10,000 over 4.6 years | $18,044Best | $17,869 |
| Top 10 Weight | 37.8%Best | 57.1% |
| Fund Family | iShares by BlackRock (US) | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Feb 2, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 3, 2022 to Sep 15, 2026 (4.6 years).
IVV vs WINN 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 4.6 years both funds cover.
IVV vs WINN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Harbor Long-Term Growers ETF (WINN) is an ETF from Harbor Funds. Over the past year IVV returned +15.96% while WINN returned +6.50%. Year to date, IVV is up 11.51% versus a gain of 6.71% for WINN.
Over three years, IVV compounded at +21.01% per year against +21.30% for WINN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WINN has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 15.7% 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 -22.1% for IVV and -32.1% for WINN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while WINN charges 0.57%. On a $10,000 position that is $3 vs $57 annually, a gap of $54 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for WINN.
Holdings Overlap
53.8% of IVV's money is in holdings WINN also owns. 91.5% of WINN's money is in holdings IVV also owns.
Most of WINN is already inside IVV. Owning both mostly buys the same companies twice.
59 positions in common, counted across the 490 positions we hold weights for in IVV and 73 in WINN, against full books of 508 and 75.
What only one of them owns
Our book lists 10 positions for WINN that do not appear in our book for IVV (6.3% of the fund), and 423 for IVV that do not appear in WINN (44.8%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in WINN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 11.38% | 3.31% |
| AAPLApple, Inc | 7.02% | 7.62% | 0.60% |
| MSFTMicrosoft Corp | 5.69% | 6.27% | 0.58% |
| GOOGLAlphabet Inc,class A | 3.00% | 8.15% | 5.15% |
| AMZNAmazon.Com Inc | 3.84% | 5.09% | 1.25% |
| AVGOBroadcom Inc | 2.65% | 5.86% | 3.21% |
| LLYEli Lilly & Co. | 1.38% | 3.82% | 2.44% |
| METAMeta Platforms Inc | 1.90% | 3.22% | 1.32% |
| TSLATesla Inc | 1.56% | 2.38% | 0.82% |
| AMDAdvanced Micro Devices Inc | 1.16% | 2.75% | 1.59% |
91.5% of WINN is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or WINN?
IVV has an expense ratio of 0.03% while WINN charges 0.57%. IVV is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, IVV or WINN?
Over the past year IVV returned +15.96% vs +6.50% for WINN, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or WINN?
WINN has been the more volatile fund at 21.0% annualized versus 15.7% for IVV. Worst drawdown: IVV -22.1% vs WINN -32.1%.
Should I hold both IVV and WINN?
IVV and WINN have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and WINN?
91.5% of WINN's money is in holdings IVV also owns. 91.5% of WINN's is in holdings IVV also owns. They hold 59 positions in common, counted across the 490 positions we hold weights for in IVV and 73 in WINN.
Which pays a higher dividend, IVV or WINN?
IVV yields 1.06% while WINN yields 0.00%, so IVV currently pays the higher dividend yield.
Is WINN better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window, WINN over 3Y. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.