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 | 21.45% | 21.50% |
| 1Y Return | 14.54% | 14.52% |
| 3Y Return (Ann) | 9.53% | 9.54% |
| 5Y Return (Ann) | 12.65% | 12.67% |
| 10Y Return (Ann) | 11.92% | 11.94% |
| Sharpe Ratio | 1.05 | 1.06 |
| Daily Std Dev | 13.79% | 13.77% |
| Max Drawdown | -55.25% | -33.99% |
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.
IVV vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with IVV having a 21.45% return and VOO slightly higher at 21.50%. Both investments have delivered pretty close results over the past 10 years, with IVV having a 11.92% annualized return and VOO not far ahead at 11.94%. 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 - Dividend Comparison
IVV's dividend yield for the trailing twelve months is around 1.45%, less than VOO's 1.48% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.45% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% | 2.09% |
VOO Vanguard S&P 500 ETF | 1.48% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% | 2.18% |
IVV vs. VOO - Expense Ratio Comparison
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.05 | ||||
VOO Vanguard S&P 500 ETF | 1.06 |
IVV vs. VOO - Drawdown Comparison
The maximum IVV drawdown for the period was -11.60%, roughly equal to the maximum VOO drawdown of -11.62%. The drawdown chart below compares losses from any high point along the way for IVV and VOO
IVV vs. VOO - Volatility Comparison
iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) have volatilities of 2.80% and 2.78%, 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.