ETF Versus

IVV vs VOO

iShares Core S&P 500 ETF vs Vanguard S&P 500 ETF

Last updated: 2026-04-10

IVV iShares

iShares Core S&P 500 ETF (IVV) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.18%. Launched in 2000, the fund has a 26-year track record.

AUM: $743.8B ER: 0.03% Yield: 1.18% Since: May 15, 2000
VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.14%. Launched in 2010, the fund has a 16-year track record.

AUM: $858.3B ER: 0.03% Yield: 1.14% Since: Sep 7, 2010

Quick Verdict

Both funds have delivered similar 1-year returns (29.6% vs 29.7%), tracking closely.

Key Metrics

Metric IVV VOO
Expense Ratio 0.03% 0.03%
Dividend Yield 1.2% 1.1%
Fund Family iShares Vanguard
Category US Large Cap Blend US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

85 102 119 136 153 170 2021-04 2022-07 2023-10 2025-01 2026-04
IVV +65.3%
VOO +65.2%

Performance Comparison

Period IVV VOO Difference
1 Month +0.54% +0.48% +0.06%
3 Months -2.17% -2.24% +0.07%
6 Months +2.53% +2.53% +0.00%
YTD -0.45% -0.52% +0.07%
1 Year +29.60% +29.66% -0.06%
3 Years +66.01% +66.05% -0.04%
5 Years +65.33% +65.17% +0.16%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IVV Fees VOO Fees You Save
$10,000 10 years $60 $60 $0
$10,000 20 years $258 $258 $0
$10,000 30 years $835 $835 $0
$50,000 10 years $299 $299 $0
$50,000 30 years $4,176 $4,176 $0
$100,000 30 years $8,352 $8,352 $0

Risk Metrics

Based on 5 years of daily returns

Metric IVV VOO
Annualized Volatility 16.9% 16.8%
Max Drawdown -25.4% -25.4%
Sharpe Ratio 0.42 0.42

Dividend Comparison

Metric IVV VOO
Annual Dividend (per share) $8.06 $7.13
Dividend Yield 1.18% 1.14%
Distribution Frequency Quarterly Quarterly

Top Holdings

9 of top 9 holdings overlap (100% overlap in top holdings)

IVV Top Holdings

NameWeight
NVIDIA CorporationNVDA7.60%
Apple Inc.AAPL6.53%
Microsoft CorporationMSFT4.77%
Amazon.com, Inc.AMZN3.71%
Broadcom Inc.AVGO2.86%
Alphabet Inc.GOOG2.53%
Meta Platforms, Inc.META2.30%
Tesla, Inc.TSLA1.66%
Berkshire Hathaway Inc.BRK.B1.51%

VOO Top Holdings

NameWeight
NVIDIA CorporationNVDA7.31%
Apple Inc.AAPL6.63%
Microsoft CorporationMSFT4.96%
Amazon.com, Inc.AMZN3.47%
Broadcom Inc.AVGO2.56%
Alphabet Inc.GOOG2.46%
Meta Platforms, Inc.META2.40%
Tesla, Inc.TSLA1.92%
Berkshire Hathaway Inc.BRK.B1.57%

Which One Should You Choose?

Either works if...

you just need broad us large cap blend exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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