DHF vs IVV
BNY Mellon High Yield Strategies Fund vs iShares Core S&P 500 ETF
Which is better, DHF or IVV?
High Yield Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DHF | IVV |
|---|---|---|
| Expense Ratio | 1.71% | 0.03%Best |
| AUM | $185M | $896.5B |
| Dividend Yield | 8.17% | 1.10% |
| Holdings | 329 | 508 |
| YTD Return | -6.35% | +13.59%Best |
| 1Y Return | -7.00% | +17.54%Best |
| 3Y Return (annualized) | +9.89% | +22.46%Best |
| 5Y Return (annualized) | +0.33% | +13.28%Best |
| Volatility (annualized) | 20.0% | 15.1%Best |
| Max Drawdown | -82.9% | -56.5%Best |
| $10,000 over 5 years | $10,166 | $18,654Best |
| Fund Family | BNY Mellon Investment Management | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Apr 29, 1998 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Oct 14, 2026 (26.4 years).
DHF vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 26.4 years both funds cover.
DHF vs IVV Performance
BNY Mellon High Yield Strategies Fund (DHF) is an ETF from BNY Mellon Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DHF returned -7.00% while IVV returned +17.54%. Year to date, DHF is down 6.35% versus a gain of 13.59% for IVV.
Over three years, DHF compounded at +9.89% per year against +22.46% for IVV; over five years the annualized figures are +0.33% and +13.28% respectively. Across the full 26-year window we track, IVV has the edge at +6.99% annualized vs -3.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DHF has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -82.9% for DHF and -56.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DHF charges 1.71% per year while IVV charges 0.03%. On a $10,000 position that is $171 vs $3 annually, a gap of $168 per year that compounds over a long holding period. On income, DHF currently yields 8.17% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 185 holdings in DHF and 506 in IVV, totalling 59.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, DHF as of Jul 31, 2026 and IVV as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 185 positions we hold weights for in DHF and 506 in IVV, against full books of 329 and 508.
You are not choosing between two funds in isolation.
Whichever of DHF and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DHF or IVV?
DHF has an expense ratio of 1.71% while IVV charges 0.03%. IVV is the cheaper option, by $168 a year on a $10,000 investment.
Which performed better, DHF or IVV?
Over the past year DHF returned -7.00% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (26 years), DHF annualized -3.42% vs +6.99% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DHF or IVV?
DHF has been the more volatile fund at 20.0% annualized versus 15.1% for IVV. Worst drawdown: DHF -82.9% vs IVV -56.5%.
Should I hold both DHF and IVV?
DHF and IVV have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DHF or IVV?
DHF yields 8.17% while IVV yields 1.10%, so DHF currently pays the higher dividend yield.
Is IVV better than DHF?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.