EFAA vs IVV
Invesco MSCI EAFE Income Advantage ETF vs iShares Core S&P 500 ETF
Which is better, EFAA or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. EFAA is less concentrated, with 29.9% 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 | EFAA | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $677M | $896.5B |
| Dividend Yield | 8.42% | 1.10% |
| Holdings | 708 | 508 |
| YTD Return | +6.32% | +13.59%Best |
| 1Y Return | +11.72% | +17.54%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 8.5%Best | 11.9% |
| Max Drawdown | -12.0%Best | -18.8% |
| $10,000 over 2.2 years | $12,955 | $14,107Best |
| Top 10 Weight | 29.9%Best | 38.9% |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 17, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Oct 14, 2026 (2.2 years).
EFAA 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 2.2 years both funds cover.
EFAA vs IVV Performance
Invesco MSCI EAFE Income Advantage ETF (EFAA) is an ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EFAA returned +11.72% while IVV returned +17.54%. Year to date, EFAA is up 6.32% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 8.5% for EFAA. 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 -12.0% for EFAA and -18.8% 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 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EFAA charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, EFAA currently yields 8.42% against 1.10% for IVV.
Holdings Overlap
0.7% of EFAA's money is in holdings IVV also owns. 1.4% of IVV's money is in holdings EFAA also owns.
IVV and EFAA share little of their money.
5 positions in common, counted across the 657 positions we hold weights for in EFAA and 506 in IVV, against full books of 708 and 508.
What only one of them owns
Our book lists 495 positions for IVV that do not appear in our book for EFAA (98.0% of the fund), and 19 for EFAA that do not appear in IVV (24.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EFAA 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, EFAA or IVV?
EFAA has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, EFAA or IVV?
Over the past year EFAA returned +11.72% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), EFAA annualized +12.49% vs +16.93% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFAA or IVV?
IVV has been the more volatile fund at 11.9% annualized versus 8.5% for EFAA. Worst drawdown: EFAA -12.0% vs IVV -18.8%.
Should I hold both EFAA and IVV?
EFAA and IVV have a monthly-return correlation of 0.53, 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 EFAA and IVV?
1.4% of IVV's money is in holdings EFAA also owns. 1.4% of IVV's is in holdings EFAA also owns. They hold 5 positions in common, counted across the 657 positions we hold weights for in EFAA and 506 in IVV.
Which pays a higher dividend, EFAA or IVV?
EFAA yields 8.42% while IVV yields 1.10%, so EFAA currently pays the higher dividend yield.
Is IVV better than EFAA?
IVV has a lower expense ratio. IVV led over 1Y and the full window. EFAA is less concentrated, with 29.9% 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.