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BLV vs. IVV

Last updated Jun 3, 2023

Compare and contrast key facts about Vanguard Long-Term Bond ETF (BLV) and iShares Core S&P 500 ETF (IVV).

BLV and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both BLV and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLV or IVV.

Key characteristics


BLVIVV
YTD Return3.96%12.33%
1Y Return-6.15%4.24%
5Y Return (Ann)0.52%11.29%
10Y Return (Ann)2.35%12.22%
Sharpe Ratio-0.380.30
Daily Std Dev16.53%20.95%
Max Drawdown-37.23%-55.25%

Correlation

-0.22
-1.001.00

The correlation between BLV and IVV is -0.22. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

BLV vs. IVV - Performance Comparison

In the year-to-date period, BLV achieves a 3.96% return, which is significantly lower than IVV's 12.33% return. Over the past 10 years, BLV has underperformed IVV with an annualized return of 2.35%, while IVV has yielded a comparatively higher 12.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%2023FebruaryMarchAprilMayJune
-0.62%
8.00%
BLV
IVV

Compare stocks, funds, or ETFs


Vanguard Long-Term Bond ETF

iShares Core S&P 500 ETF

BLV vs. IVV - Dividend Comparison

BLV's dividend yield for the trailing twelve months is around 5.74%, more than IVV's 1.87% yield.


TTM20222021202020192018201720162015201420132012
BLV
Vanguard Long-Term Bond ETF
5.74%4.24%3.55%6.37%4.13%4.89%4.54%5.40%5.90%5.49%7.12%8.15%
IVV
iShares Core S&P 500 ETF
1.87%1.67%1.23%1.63%2.09%2.37%1.92%2.25%2.58%2.13%2.14%2.54%

BLV vs. IVV - Expense Ratio Comparison

Both BLV and IVV have an expense ratio of 0.04%.

0.04%
0.00%2.15%
0.04%
0.00%2.15%

BLV vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond ETF (BLV) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BLV
Vanguard Long-Term Bond ETF
-0.38
IVV
iShares Core S&P 500 ETF
0.30

BLV vs. IVV - Sharpe Ratio Comparison

The current BLV Sharpe Ratio is -0.38, which is lower than the IVV Sharpe Ratio of 0.30. The chart below compares the 12-month rolling Sharpe Ratio of BLV and IVV.


-1.50-1.00-0.500.000.502023FebruaryMarchAprilMayJune
-0.38
0.30
BLV
IVV

BLV vs. IVV - Drawdown Comparison

The maximum BLV drawdown for the period was -31.28%, lower than the maximum IVV drawdown of -19.87%. The drawdown chart below compares losses from any high point along the way for BLV and IVV


-30.00%-25.00%-20.00%-15.00%-10.00%2023FebruaryMarchAprilMayJune
-28.56%
-8.62%
BLV
IVV

BLV vs. IVV - Volatility Comparison

The current volatility for Vanguard Long-Term Bond ETF (BLV) is 3.00%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.76%. This indicates that BLV experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%2023FebruaryMarchAprilMayJune
3.00%
3.76%
BLV
IVV