IVE vs. BGIG

Last updated Jun 4, 2026

IVE (iShares S&P 500 Value ETF) and BGIG (Bahl & Gaynor Income Growth ETF) are both Large Cap Value Equities funds. IVE is passively managed, while BGIG is actively managed. Over the past year, IVE returned 21.15% vs 19.51% for BGIG. Their correlation of 0.84 suggests significant overlap in exposure. IVE charges 0.18%/yr vs 0.45%/yr for BGIG.

Performance

IVE vs. BGIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 Value ETF (IVE) and Bahl & Gaynor Income Growth ETF (BGIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVE achieves a 7.46% return, which is significantly lower than BGIG's 9.84% return.

IVE

• 1D: -0.35%
• 1M: 2.24%
• YTD: 7.46%
• 6M: 7.74%
• 1Y: 21.15%
• 3Y*: 15.57%
• 5Y*: 10.54%
• 10Y*: 11.76%

BGIG

• 1D: -0.23%
• 1M: 1.82%
• YTD: 9.84%
• 6M: 9.56%
• 1Y: 19.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IVE vs. BGIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IVE iShares S&P 500 Value ETF	7.46%	13.02%	12.03%	8.97%
BGIG Bahl & Gaynor Income Growth ETF	9.84%	12.49%	16.84%	4.55%

Correlation

The correlation between IVE and BGIG is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023	0.84

The correlation between IVE and BGIG has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

IVE vs. BGIG - Sectors Allocation Comparison

Sectors	IVE	BGIG
Technology	19.6%	24.6%
Financial Services	15.2%	14.8%
Healthcare	11.6%	14.6%
Consumer Cyclical	11.0%	5.4%
Industrials	10.7%	10.6%
Consumer Defensive	9.5%	6.9%
Energy	7.6%	11.2%
Utilities	4.6%	7.9%
Real Estate	3.5%	3.5%
Basic Materials	3.4%	0.6%
Communication Services	3.3%	-

Return for Risk

IVE vs. BGIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IVE

IVE Risk / Return Rank: 66
IVE Sharpe Ratio Rank: 64
IVE Sortino Ratio Rank: 64
IVE Omega Ratio Rank: 63
IVE Calmar Ratio Rank: 68
IVE Martin Ratio Rank: 69

BGIG

BGIG Risk / Return Rank: 68
BGIG Sharpe Ratio Rank: 66
BGIG Sortino Ratio Rank: 69
BGIG Omega Ratio Rank: 65
BGIG Calmar Ratio Rank: 68
BGIG Martin Ratio Rank: 70

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.

IVE vs. BGIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and Bahl & Gaynor Income Growth ETF (BGIG). 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.

	IVE	BGIG	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.18	-0.01
Sortino ratio: Return per unit of downside risk	3.03	3.13	-0.10
Omega ratio: Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	3.43	3.37	+0.06
Martin ratio: Return relative to average drawdown	13.10	12.97	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVE vs. BGIG - Sharpe Ratio Comparison

The current IVE Sharpe Ratio is 2.17, which is comparable to the BGIG Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of IVE and BGIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IVE	BGIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	2.18	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	1.38	-0.99

Drawdowns

IVE vs. BGIG - Drawdown Comparison

The maximum IVE drawdown since its inception was -61.32%, which is greater than BGIG's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for IVE and BGIG.

Drawdown Indicators

	IVE	BGIG	Difference
Max Drawdown Largest peak-to-trough decline	-61.32%	-13.24%	-48.08%
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	-5.81%	-0.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.04%	—	—
Current Drawdown Current decline from peak	-0.55%	-0.28%	-0.27%
Average Drawdown Average peak-to-trough decline	-10.10%	-1.70%	-8.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.51%	+0.11%

Volatility

IVE vs. BGIG - Volatility Comparison

The current volatility for iShares S&P 500 Value ETF (IVE) is 2.00%, while Bahl & Gaynor Income Growth ETF (BGIG) has a volatility of 2.57%. This indicates that IVE experiences smaller price fluctuations and is considered to be less risky than BGIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVE	BGIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.00%	2.57%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	7.02%	6.72%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	9.79%	9.00%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	11.94%	+2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	11.94%	+5.02%

IVE vs. BGIG - Expense Ratio Comparison

IVE has a 0.18% expense ratio, which is lower than BGIG's 0.45% expense ratio.

Dividends

IVE vs. BGIG - Dividend Comparison

IVE's dividend yield for the trailing twelve months is around 1.52%, less than BGIG's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGIG Bahl & Gaynor Income Growth ETF	1.75%	1.89%	2.02%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IVE iShares S&P 500 Value ETF	1.52%	1.61%	2.04%	1.65%	2.10%	1.81%	2.37%	2.11%	2.74%	2.12%	2.26%	2.44%

Frequently Asked Questions

Can I hold both IVE and BGIG in my portfolio?

IVE and BGIG have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVE or BGIG?

BGIG has higher volatility (2.57%) compared to IVE (2.00%). In terms of maximum drawdown, IVE dropped -61.32% vs BGIG's -13.24%.

Which ETF is better, IVE or BGIG?

On 1-year performance, IVE leads with 21.15% vs 19.51% for BGIG. On fees, IVE is cheaper at 0.18% per year. On volatility, IVE has been the lower-risk option at 2.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVE or BGIG?

Over the 1-year period, IVE has performed better with a 21.15% return vs 19.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVE or BGIG?

IVE is cheaper with a 0.18% expense ratio, compared with 0.45% for BGIG.

Which ETF pays a higher dividend yield, IVE or BGIG?

BGIG has the higher dividend yield at 1.75%, compared with 1.52% for IVE.

What is the main difference between IVE and BGIG?

They also come from different issuers: iShares and Bahl & Gaynor. Their fees differ too: 0.18% for IVE and 0.45% for BGIG.

Which has better risk-adjusted returns?

BGIG currently has the higher Sharpe Ratio (2.18 vs 2.17), 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.