IVV vs WNTR
iShares Core S&P 500 ETF vs YieldMax Short MSTR Option Income Strategy ETF
Quick Verdict
IVV has a lower expense ratio. WNTR delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | WNTR | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.00% | |
| AUM | $907.0B | $82M | |
| Dividend Yield | 1.10% | 106.61% | |
| Holdings | 508 | 21 | |
| YTD Return | +14.29% | -26.02% | |
| 1Y Return | +21.79% | +35.49% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 55.6% | |
| Max Drawdown | -56.5% | -53.1% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Mar 26, 2025 |
IVV vs WNTR Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Short MSTR Option Income Strategy ETF (WNTR) is a ETF from YieldMax ETF. Over the past year IVV returned +21.79% while WNTR returned +35.49%. Year to date, IVV is up 14.29% versus a loss of 26.02% for WNTR.
Risk: Volatility and Drawdowns
WNTR has been the more volatile fund, with annualized monthly volatility of 55.6% 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 -53.1% for WNTR. 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 -0.40. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while WNTR charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 106.61% for WNTR.
Holdings Overlap
IVV and WNTR share 0 holdings out of 508 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 WNTR?
IVV has an expense ratio of 0.03% while WNTR charges 1.00%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, IVV or WNTR?
Over the past year IVV returned +21.79% vs +35.49% for WNTR, so WNTR leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.06% vs +8.56% for WNTR. Past performance does not guarantee future results.
Which is riskier, IVV or WNTR?
WNTR has been the more volatile fund at 55.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs WNTR -53.1%.
Should I hold both IVV and WNTR?
IVV and WNTR have a monthly-return correlation of -0.40, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and WNTR?
IVV and WNTR share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or WNTR?
IVV yields 1.10% while WNTR yields 106.61%, so WNTR currently pays the higher dividend yield.
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