DON vs IVV
WisdomTree US MidCap Dividend Fund vs iShares Core S&P 500 ETF
Which is better, DON or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DON is less concentrated, with 12.3% of the fund in its ten largest positions against 38.9%.
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 | DON | IVV |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $3.8B | $896.5B |
| Dividend Yield | 2.43% | 1.10% |
| Holdings | 295 | 508 |
| YTD Return | +6.86% | +13.59%Best |
| 1Y Return | +8.95% | +17.54%Best |
| 3Y Return (annualized) | +12.93% | +22.46%Best |
| 5Y Return (annualized) | +7.47% | +13.28%Best |
| Volatility (annualized) | 18.1% | 15.2%Best |
| Max Drawdown | -64.4% | -56.5%Best |
| $10,000 over 5 years | $14,336 | $18,654Best |
| Top 10 Weight | 12.3%Best | 38.9% |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Jun 16, 2006 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Oct 14, 2026 (20.3 years).
DON 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 20.3 years both funds cover.
DON vs IVV Performance
WisdomTree US MidCap Dividend Fund (DON) is an ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DON returned +8.95% while IVV returned +17.54%. Year to date, DON is up 6.86% versus a gain of 13.59% for IVV.
Over three years, DON compounded at +12.93% per year against +22.46% for IVV; over five years the annualized figures are +7.47% and +13.28% respectively. Across the full 20-year window we track, IVV has the edge at +9.78% annualized vs +6.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DON has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.2% 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 -64.4% for DON 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DON charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, DON currently yields 2.43% against 1.10% for IVV.
Holdings Overlap
28.2% of DON's money is in holdings IVV also owns. 1.0% of IVV's money is in holdings DON also owns.
DON and IVV share little of their money.
51 positions in common, counted across the 295 positions we hold weights for in DON and 506 in IVV, against full books of 295 and 508.
What only one of them owns
Measured across the 295 and 506 positions we hold weights for.
IVV holds 449 positions DON does not, 98.4% of the fund.
Largest: NVDA 8.44%, AAPL 7.29%, MSFT 5.76%, AMZN 3.68%, GOOGL 3.00%
Top Shared Holdings
| Stock | Weight in DON | Weight in IVV | Difference |
|---|---|---|---|
| BBYBest Buy Co. Inc. | 1.51% | 0.03% | 1.48% |
| VTRSViatris | 1.48% | 0.03% | 1.45% |
| BENFranklin Resources Inc. | 1.43% | 0.01% | 1.42% |
| APAApa Corp | 1.33% | 0.02% | 1.31% |
| SWKStanley Black & Decker Inc. | 1.06% | 0.02% | 1.04% |
| HASHasbro Inc. | 1.04% | 0.02% | 1.02% |
| OMCOmnicom Group Inc. | 0.91% | 0.03% | 0.88% |
| SNASnap-On Inc. | 0.90% | 0.03% | 0.87% |
| SJMJm Smucker Co. | 0.90% | 0.02% | 0.88% |
| AESAes Corporation | 0.90% | 0.02% | 0.88% |
28.2% of DON is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DON or IVV?
DON has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, DON or IVV?
Over the past year DON returned +8.95% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), DON annualized +6.73% vs +9.78% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DON or IVV?
DON has been the more volatile fund at 18.1% annualized versus 15.2% for IVV. Worst drawdown: DON -64.4% vs IVV -56.5%.
Should I hold both DON and IVV?
DON and IVV have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DON and IVV?
28.2% of DON's money is in holdings IVV also owns. 1.0% of IVV's is in holdings DON also owns. They hold 51 positions in common, counted across the 295 positions we hold weights for in DON and 506 in IVV.
Which pays a higher dividend, DON or IVV?
DON yields 2.43% while IVV yields 1.10%, so DON currently pays the higher dividend yield.
Is IVV better than DON?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DON is less concentrated, with 12.3% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.