IVV vs YLDE
iShares Core S&P 500 ETF vs Franklin ClearBridge Enhanced Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | YLDE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.48% | |
| AUM | $907.0B | $173M | |
| Dividend Yield | 1.10% | 6.39% | |
| Holdings | 508 | 58 | |
| YTD Return | +12.71% | +10.81% | |
| 1Y Return | +21.89% | +16.13% | |
| 3Y Return (annualized) | +22.08% | +17.10% | |
| 5Y Return (annualized) | +12.96% | +10.94% | |
| Volatility (annualized) | 15.1% | 14.8% | |
| Max Drawdown | -56.5% | -33.3% | |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 22, 2017 |
IVV vs YLDE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Franklin ClearBridge Enhanced Income ETF (YLDE) is a ETF from Franklin Templeton Investments (US). Over the past year IVV returned +21.89% while YLDE returned +16.13%. Year to date, IVV is up 12.71% versus a gain of 10.81% for YLDE.
Over three years, IVV compounded at +22.08% per year against +17.10% for YLDE; over five years the annualized figures are +12.96% and +10.94% respectively. Across the full 9-year window we track, YLDE has the edge at +11.63% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% 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 -56.5% for IVV and -33.3% for YLDE. 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 0.92. 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 1.10% against 6.39% for YLDE.
Holdings Overlap
IVV and YLDE share 42 holdings out of 514 unique holdings combined, representing a 24.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $45 per year of difference.
Which performed better, IVV or YLDE?
Over the past year IVV returned +21.89% vs +16.13% for YLDE, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.00% vs +11.63% for YLDE. Past performance does not guarantee future results.
Which is riskier, IVV or YLDE?
IVV has been the more volatile fund at 15.1% annualized versus 14.8% for YLDE. Worst drawdown: IVV -56.5% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and YLDE?
IVV and YLDE share 42 common holdings with a 24.1% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or YLDE?
IVV yields 1.10% while YLDE yields 6.39%, so YLDE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.