IVW vs. IVE
Compare and contrast key facts about iShares S&P 500 Growth ETF (IVW) and iShares S&P 500 Value ETF (IVE).
IVW and IVE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000. IVE is a passively managed fund by iShares that tracks the performance of the S&P 500 Value Index. It was launched on May 22, 2000. Both IVW and IVE 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: IVW or IVE.
Performance
IVW vs. IVE - Performance Comparison
Returns By Period
In the year-to-date period, IVW achieves a 32.06% return, which is significantly higher than IVE's 16.85% return. Over the past 10 years, IVW has outperformed IVE with an annualized return of 14.83%, while IVE has yielded a comparatively lower 10.39% annualized return.
IVW
32.06%
1.36%
14.83%
38.12%
17.16%
14.83%
IVE
16.85%
-0.29%
8.33%
25.57%
12.05%
10.39%
Key characteristics
| IVW | IVE | |
|---|---|---|
| Sharpe Ratio | 2.25 | 2.61 |
| Sortino Ratio | 2.93 | 3.66 |
| Omega Ratio | 1.41 | 1.47 |
| Calmar Ratio | 2.79 | 4.72 |
| Martin Ratio | 11.87 | 15.16 |
| Ulcer Index | 3.21% | 1.70% |
| Daily Std Dev | 17.01% | 9.91% |
| Max Drawdown | -57.35% | -61.32% |
| Current Drawdown | -2.26% | -1.20% |
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IVW vs. IVE - Expense Ratio Comparison
Both IVW and IVE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between IVW and IVE is 0.83, 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.
Risk-Adjusted Performance
IVW vs. IVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Growth ETF (IVW) and iShares S&P 500 Value ETF (IVE). 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
IVW vs. IVE - Dividend Comparison
IVW's dividend yield for the trailing twelve months is around 0.52%, less than IVE's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVW iShares S&P 500 Growth ETF | 0.52% | 1.03% | 0.89% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% | 1.37% | 1.45% |
IVE iShares S&P 500 Value ETF | 1.81% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.45% | 2.14% | 2.04% |
Drawdowns
IVW vs. IVE - Drawdown Comparison
The maximum IVW drawdown since its inception was -57.35%, smaller than the maximum IVE drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for IVW and IVE. For additional features, visit the drawdowns tool.
Volatility
IVW vs. IVE - Volatility Comparison
iShares S&P 500 Growth ETF (IVW) has a higher volatility of 5.51% compared to iShares S&P 500 Value ETF (IVE) at 3.44%. This indicates that IVW's price experiences larger fluctuations and is considered to be riskier than IVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.