Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricIVVBVOOWinner
Expense Ratio0.51%0.03%
AUM$127M$979.0B
Dividend Yield1.17%1.09%
Holdings14509
YTD Return+7.22%+13.80%
1Y Return+12.54%+23.71%
3Y Return (annualized)+11.59%+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)8.8%14.1%
Max Drawdown-13.1%-34.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 28, 2023Sep 7, 2010

IVVB vs VOO Performance

iShares Large Cap Deep Quarterly Laddered ETF (IVVB) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IVVB returned +12.54% while VOO returned +23.71%. Year to date, IVVB is up 7.22% versus a gain of 13.80% for VOO.

Over three years, IVVB compounded at +11.59% per year against +21.50% for VOO. Across the full 3-year window we track, VOO has the edge at +13.58% annualized vs +11.53%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.8% for IVVB. 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 -13.1% for IVVB and -34.3% for VOO. 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

IVVB charges 0.51% per year while VOO charges 0.03%. On a $10,000 position that is $51 vs $3 annually, a gap of $48 per year that compounds over a long holding period. On income, IVVB currently yields 1.17% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

IVVB and VOO 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, IVVB or VOO?

IVVB has an expense ratio of 0.51% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $48 per year of difference.

Which performed better, IVVB or VOO?

Over the past year IVVB returned +12.54% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), IVVB annualized +11.53% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, IVVB or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 8.8% for IVVB. Worst drawdown: IVVB -13.1% vs VOO -34.3%.

Should I hold both IVVB and VOO?

IVVB and VOO 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.

What is the holdings overlap between IVVB and VOO?

IVVB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, IVVB or VOO?

IVVB yields 1.17% while VOO yields 1.09%, so IVVB currently pays the higher dividend yield.

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