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ISMD vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ISMD vs. IVV

Last updated Jun 23, 2026

ISMD (Inspire Small/Mid Cap Impact ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - ISMD is a Small Cap Blend Equities fund tracking the Inspire Small/Mid Cap Impact Equal Weight Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, ISMD returned 8.71%/yr vs 13.58%/yr for IVV. A 0.74 correlation means they provide meaningful diversification when combined. ISMD charges 0.57%/yr vs 0.03%/yr for IVV.

Performance

ISMD vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Small/Mid Cap Impact ETF (ISMD) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ISMD achieves a 25.75% return, which is significantly higher than IVV's 9.76% return.

ISMD

1D
0.09%
1M
4.88%
YTD
25.75%
6M
23.26%
1Y
41.83%
3Y*
17.53%
5Y*
8.71%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ISMD vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ISMD
Inspire Small/Mid Cap Impact ETF		25.75%4.14%9.53%16.74%-13.44%29.38%7.45%24.62%-12.63%8.73%
IVV
iShares Core S&P 500 ETF		9.76%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%14.79%

Correlation

The correlation between ISMD and IVV is 0.68, 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

0.68

Correlation (3Y)
Calculated over the trailing 3-year period

0.70

Correlation (5Y)
Calculated over the trailing 5-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2017

0.74

The correlation between ISMD and IVV has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

ISMD vs. IVV - Sectors Allocation Comparison

Sectors
ISMD
IVV

Technology

17.6%
39.0%

Industrials

16.7%
7.8%

Financial Services

15.0%
11.1%

Consumer Cyclical

11.0%
9.9%

Healthcare

10.4%
8.3%

Real Estate

8.1%
1.8%

Consumer Defensive

5.3%
4.5%

Basic Materials

4.8%
1.7%

Energy

3.7%
3.1%

Utilities

3.1%
2.1%

Communication Services

2.8%
10.6%

Technology

ISMD
17.6%
IVV
39.0%

Industrials

ISMD
16.7%
IVV
7.8%

Financial Services

ISMD
15.0%
IVV
11.1%

Consumer Cyclical

ISMD
11.0%
IVV
9.9%

Healthcare

ISMD
10.4%
IVV
8.3%

Real Estate

ISMD
8.1%
IVV
1.8%

Consumer Defensive

ISMD
5.3%
IVV
4.5%

Basic Materials

ISMD
4.8%
IVV
1.7%

Energy

ISMD
3.7%
IVV
3.1%

Utilities

ISMD
3.1%
IVV
2.1%

Communication Services

ISMD
2.8%
IVV
10.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Inspire Small/Mid Cap Impact ETF

iShares Core S&P 500 ETF

Often compared with ISMD:
ISMD vs. SPMOISMD vs. TPSCISMD vs. TAAGXISMD vs. XMMOISMD vs. TPHDISMD vs. BIBLISMD vs. ^GSPC
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

ISMD vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ISMD
ISMD Risk / Return Rank: 7474
Overall Rank
ISMD Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
ISMD Sortino Ratio Rank: 7272
Sortino Ratio Rank
ISMD Omega Ratio Rank: 6565
Omega Ratio Rank
ISMD Calmar Ratio Rank: 8484
Calmar Ratio Rank
ISMD Martin Ratio Rank: 7575
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6969
Overall Rank
IVV Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 6767
Sortino Ratio Rank
IVV Omega Ratio Rank: 6969
Omega Ratio Rank
IVV Calmar Ratio Rank: 6363
Calmar Ratio Rank
IVV Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ISMD vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Small/Mid Cap Impact ETF (ISMD) 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.

ISMDIVVDifference
Sharpe ratioReturn per unit of total volatility
2.24
2.18

+0.07

Sortino ratioReturn per unit of downside risk
3.11
2.93

+0.18

Omega ratioGain probability vs. loss probability

1.38

1.39

-0.02

Calmar ratioReturn relative to maximum drawdown

4.36

3.03

+1.33

Martin ratioReturn relative to average drawdown

13.71

13.61

+0.09

ISMD vs. IVV - Sharpe Ratio Comparison

The current ISMD Sharpe Ratio is 2.24, which is comparable to the IVV Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of ISMD and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ISMD vs. IVV - Drawdown Comparison

The maximum ISMD drawdown since its inception was -44.60%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ISMD and IVV.

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Drawdown Indicators

ISMDIVVDifference

Max Drawdown

Largest peak-to-trough decline

-44.60%

-55.25%

+10.65%

Max Drawdown (1Y)

Largest decline over 1 year

-9.64%

-8.89%

-0.75%

Max Drawdown (3Y)

Largest decline over 3 years

-26.64%

-18.75%

-7.89%

Max Drawdown (5Y)

Largest decline over 5 years

-26.64%

-24.53%

-2.11%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-0.17%

-1.74%

+1.57%

Average Drawdown

Average peak-to-trough decline

-8.13%

-10.76%

+2.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

1.98%

+1.08%

Volatility

ISMD vs. IVV - Volatility Comparison

Inspire Small/Mid Cap Impact ETF (ISMD) has a higher volatility of 5.62% compared to iShares Core S&P 500 ETF (IVV) at 4.67%. This indicates that ISMD's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ISMDIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.62%

4.67%

+0.95%

Volatility (6M)

Calculated over the trailing 6-month period

13.04%

9.75%

+3.29%

Volatility (1Y)

Calculated over the trailing 1-year period

18.79%

12.41%

+6.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.88%

16.97%

+3.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.72%

18.10%

+5.62%

ISMD vs. IVV - Expense Ratio Comparison

ISMD has a 0.57% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

ISMD vs. IVV - Dividend Comparison

ISMD's dividend yield for the trailing twelve months is around 0.92%, less than IVV's 1.09% yield.

PositionTTM20252024202320222021202020192018201720162015
ISMD
Inspire Small/Mid Cap Impact ETF		0.92%1.21%1.24%1.17%1.28%9.35%0.99%0.88%1.35%2.02%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

ISMD and IVV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ISMD has higher volatility (5.62%) compared to IVV (4.67%). In terms of maximum drawdown, ISMD dropped -44.60% vs IVV's -55.25%.

On 5-year performance, IVV leads with 13.58% vs 8.71% for ISMD. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IVV has performed better with a 13.58% return vs 8.71%. 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 0.57% for ISMD.

IVV has the higher dividend yield at 1.09%, compared with 0.92% for ISMD.

ISMD is categorized as Small Cap Blend Equities, while IVV is S&P 500. ISMD tracks Inspire Small/Mid Cap Impact Equal Weight Index, while IVV tracks S&P 500 Index. They also come from different issuers: Inspire and iShares. Their fees differ too: 0.57% for ISMD and 0.03% for IVV.

ISMD currently has the higher Sharpe Ratio (2.24 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.

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