IVV vs YLD
iShares Core S&P 500 ETF vs Principal Active High Yield ETF
Which is better, IVV or YLD?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | YLD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $876.4B | $602M |
| Dividend Yield | 1.06% | 7.31% |
| Holdings | 508 | 148 |
| YTD Return | +12.39%Best | +3.86% |
| 1Y Return | +16.61%Best | +4.00% |
| 3Y Return (annualized) | +21.38%Best | +8.32% |
| 5Y Return (annualized) | +13.51%Best | +4.55% |
| Volatility (annualized) | 15.3% | 8.6%Best |
| Max Drawdown | -33.9% | -30.3%Best |
| $10,000 over 5 years | $18,844Best | $12,492 |
| Fund Family | iShares by BlackRock (US) | Principal Funds |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Jul 8, 2015 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 9, 2015 to Sep 18, 2026 (11.2 years).
IVV vs YLD 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 11.2 years both funds cover.
IVV vs YLD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Principal Active High Yield ETF (YLD) is an ETF from Principal Funds. Over the past year IVV returned +16.61% while YLD returned +4.00%. Year to date, IVV is up 12.39% versus a gain of 3.86% for YLD.
Over three years, IVV compounded at +21.38% per year against +8.32% for YLD; over five years the annualized figures are +13.51% and +4.55% respectively. Across the full 11-year window we track, IVV has the edge at +13.23% annualized vs +2.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 8.6% for YLD. 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 -33.9% for IVV and -30.3% for YLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while YLD charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.31% for YLD.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 95 in YLD, totalling 99.3% and 76.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 95 in YLD, against full books of 508 and 148.
You are not choosing between two funds in isolation.
Whichever of IVV and YLD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or YLD?
IVV has an expense ratio of 0.03% while YLD charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or YLD?
Over the past year IVV returned +16.61% vs +4.00% for YLD, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +13.23% vs +2.62% for YLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or YLD?
IVV has been the more volatile fund at 15.3% annualized versus 8.6% for YLD. Worst drawdown: IVV -33.9% vs YLD -30.3%.
Should I hold both IVV and YLD?
IVV and YLD have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or YLD?
IVV yields 1.06% while YLD yields 7.31%, so YLD currently pays the higher dividend yield.
Is YLD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.