ESN vs. IVV
ESN (Essential 40 Stock ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - ESN is a Large Cap Blend Equities fund tracking the Essential 40 Stock Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, ESN returned 26.37% vs 26.83% for IVV. A 0.79 correlation means they provide meaningful diversification when combined. ESN charges 0.70%/yr vs 0.03%/yr for IVV.
Performance
ESN vs. IVV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESN achieves a 14.03% return, which is significantly higher than IVV's 9.76% return.
ESN
- 1D
- -0.05%
- 1M
- -0.37%
- YTD
- 14.03%
- 6M
- 13.86%
- 1Y
- 26.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IVV
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.76%
- 6M
- 9.30%
- 1Y
- 26.83%
- 3Y*
- 21.37%
- 5Y*
- 13.58%
- 10Y*
- 15.75%
ESN vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ESN Essential 40 Stock ETF | 14.03% | 16.52% | -3.53% |
IVV iShares Core S&P 500 ETF | 9.76% | 17.85% | 0.56% |
Correlation
The correlation between ESN and IVV is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2024 | 0.79 |
The correlation between ESN and IVV has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESN vs. IVV — Risk / Return Rank
ESN
IVV
ESN vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essential 40 Stock ETF (ESN) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESN | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.39 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 3.03 | +1.09 |
| Martin ratioReturn relative to average drawdown | 16.22 | 13.61 | +2.61 |
Loading charts...
Drawdowns
ESN vs. IVV - Drawdown Comparison
The maximum ESN drawdown since its inception was -13.60%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ESN and IVV.
Loading charts...
Drawdown Indicators
| ESN | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.60% | -55.25% | +41.65% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -8.89% | +2.47% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.90% | — |
Current DrawdownCurrent decline from peak | -1.61% | -1.74% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -10.76% | +8.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.98% | -0.35% |
Volatility
ESN vs. IVV - Volatility Comparison
The current volatility for Essential 40 Stock ETF (ESN) is 3.29%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.67%. This indicates that ESN 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.
Loading charts...
Volatility by Period
| ESN | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 4.67% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 7.45% | 9.75% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.04% | 12.41% | -2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.29% | 16.97% | -3.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.29% | 18.10% | -4.81% |
ESN vs. IVV - Expense Ratio Comparison
ESN has a 0.70% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
ESN vs. IVV - Dividend Comparison
ESN's dividend yield for the trailing twelve months is around 0.80%, less than IVV's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESN Essential 40 Stock ETF | 0.80% | 0.91% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.09% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
ESN and IVV have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVV has higher volatility (4.67%) compared to ESN (3.29%). In terms of maximum drawdown, ESN dropped -13.60% vs IVV's -55.25%.
On 1-year performance, IVV leads with 26.83% vs 26.37% for ESN. On fees, IVV is cheaper at 0.03% per year. On volatility, ESN has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IVV has performed better with a 26.83% return vs 26.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IVV is cheaper with a 0.03% expense ratio, compared with 0.70% for ESN.
IVV has the higher dividend yield at 1.09%, compared with 0.80% for ESN.
ESN is categorized as Large Cap Blend Equities, while IVV is S&P 500. ESN tracks Essential 40 Stock Index, while IVV tracks S&P 500 Index. They also come from different issuers: KKM Financial and iShares. Their fees differ too: 0.70% for ESN and 0.03% for IVV.
ESN currently has the higher Sharpe Ratio (2.64 vs 2.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ESN and IVV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer