IVV vs. VOO
Compare and contrast key facts about iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO).
IVV and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both IVV and VOO 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: IVV or VOO.
Key characteristics
| IVV | VOO | |
|---|---|---|
| YTD Return | 24.49% | 24.51% |
| 1Y Return | 31.99% | 32.00% |
| 3Y Return (Ann) | 9.36% | 9.36% |
| 5Y Return (Ann) | 15.29% | 15.30% |
| 10Y Return (Ann) | 13.10% | 13.12% |
| Sharpe Ratio | 2.64 | 2.64 |
| Sortino Ratio | 3.54 | 3.53 |
| Omega Ratio | 1.49 | 1.49 |
| Calmar Ratio | 3.82 | 3.81 |
| Martin Ratio | 17.27 | 17.34 |
| Ulcer Index | 1.86% | 1.86% |
| Daily Std Dev | 12.17% | 12.20% |
| Max Drawdown | -55.25% | -33.99% |
| Current Drawdown | -2.15% | -2.16% |
Correlation
The correlation between IVV and VOO is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IVV vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with IVV having a 24.49% return and VOO slightly higher at 24.51%. Both investments have delivered pretty close results over the past 10 years, with IVV having a 13.10% annualized return and VOO not far ahead at 13.12%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IVV vs. VOO - Expense Ratio Comparison
Both IVV and VOO have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
IVV vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
IVV vs. VOO - Dividend Comparison
IVV's dividend yield for the trailing twelve months is around 1.26%, which matches VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.26% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
IVV vs. VOO - Drawdown Comparison
The maximum IVV drawdown since its inception was -55.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IVV and VOO. For additional features, visit the drawdowns tool.
Volatility
IVV vs. VOO - Volatility Comparison
iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.08% and 4.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.