IVV vs YLDE
iShares Core S&P 500 ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, IVV or YLDE?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. YLDE is less concentrated, with 32.4% of the fund in its ten largest positions against 37.9%.
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 | YLDE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.48% |
| AUM | $876.4B | $174M |
| Dividend Yield | 1.06% | 7.02% |
| Holdings | 508 | 58 |
| YTD Return | +11.57%Best | +7.89% |
| 1Y Return | +17.57%Best | +10.58% |
| 3Y Return (annualized) | +20.71%Best | +15.73% |
| 5Y Return (annualized) | +12.80%Best | +10.47% |
| Volatility (annualized) | 15.9% | 14.8%Best |
| Max Drawdown | -33.9% | -33.3%Best |
| $10,000 over 5 years | $18,262Best | $16,452 |
| Top 10 Weight | 37.9% | 32.4%Best |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: May 23, 2017 to Sep 10, 2026 (9.3 years).
IVV vs YLDE 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 9.3 years both funds cover.
IVV vs YLDE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year IVV returned +17.57% while YLDE returned +10.58%. Year to date, IVV is up 11.57% versus a gain of 7.89% for YLDE.
Over three years, IVV compounded at +20.71% per year against +15.73% for YLDE; over five years the annualized figures are +12.80% and +10.47% respectively. Across the full 9-year window we track, IVV has the edge at +14.08% annualized vs +11.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 14.8% for YLDE. 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 -33.3% for YLDE. 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 YLDE charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.02% for YLDE.
Holdings Overlap
38.1% of IVV's money is in holdings YLDE also owns. 86.1% of YLDE's money is in holdings IVV also owns.
Most of YLDE is already inside IVV. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in YLDE, against full books of 508 and 58.
What only one of them owns
Our book lists 4 positions for YLDE that do not appear in our book for IVV (6.8% of the fund), and 454 for IVV that do not appear in YLDE (61.3%).
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 YLDE | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 3.04% | 4.94% |
| AAPLApple, Inc | 6.86% | 1.93% | 4.93% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 3.33% | 2.11% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 3.60% | 0.41% |
| AVGOBroadcom Inc | 2.98% | 2.36% | 0.62% |
| XOMExxon Mobil Corp. | 0.94% | 4.31% | 3.37% |
| WMBWilliams Cos. Inc. | 0.13% | 4.21% | 4.08% |
| JPMJpmorgan Chase & Co. | 1.45% | 2.59% | 1.14% |
| METAMeta Platforms, Inc. | 1.94% | 1.61% | 0.33% |
| APOApollo Global Management Inc | 0.09% | 2.95% | 2.86% |
86.1% of YLDE 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 YLDE?
IVV has an expense ratio of 0.03% while YLDE charges 0.48%. IVV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, IVV or YLDE?
Over the past year IVV returned +17.57% vs +10.58% for YLDE, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.08% vs +11.24% for YLDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or YLDE?
IVV has been the more volatile fund at 15.9% annualized versus 14.8% for YLDE. Worst drawdown: IVV -33.9% vs YLDE -33.3%.
Should I hold both IVV and YLDE?
IVV and YLDE 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 YLDE?
86.1% of YLDE's money is in holdings IVV also owns. 86.1% of YLDE's is in holdings IVV also owns. They hold 41 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in YLDE.
Which pays a higher dividend, IVV or YLDE?
IVV yields 1.06% while YLDE yields 7.02%, so YLDE currently pays the higher dividend yield.
Is YLDE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. YLDE is less concentrated, with 32.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.