IVV vs ZOCT
iShares Core S&P 500 ETF vs Innovator Equity Defined Protection ETF - 1 Yr October
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 | ZOCT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $105M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +12.28% | +3.96% | |
| 1Y Return | +20.94% | +6.04% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 2.5% | |
| Max Drawdown | -56.5% | -3.2% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 1, 2024 |
IVV vs ZOCT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Equity Defined Protection ETF - 1 Yr October (ZOCT) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +20.94% while ZOCT returned +6.04%. Year to date, IVV is up 12.28% versus a gain of 3.96% for ZOCT.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 2.5% for ZOCT. 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 -3.2% for ZOCT. 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 0.96. 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 ZOCT charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for ZOCT.
Frequently Asked Questions
Which is cheaper, IVV or ZOCT?
IVV has an expense ratio of 0.03% while ZOCT charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or ZOCT?
Over the past year IVV returned +20.94% vs +6.04% for ZOCT, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.98% vs +5.81% for ZOCT. Past performance does not guarantee future results.
Which is riskier, IVV or ZOCT?
IVV has been the more volatile fund at 15.1% annualized versus 2.5% for ZOCT. Worst drawdown: IVV -56.5% vs ZOCT -3.2%.
Should I hold both IVV and ZOCT?
IVV and ZOCT have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, IVV or ZOCT?
IVV yields 1.10% while ZOCT yields 0.00%, so IVV currently pays the higher dividend yield.
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