EOS vs IVV
Eaton Vance Enhanced Equity Income Fund II vs iShares Core S&P 500 ETF
Which is better, EOS or IVV?
Mid Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 63.7%.
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 | EOS | IVV |
|---|---|---|
| Expense Ratio | 1.09% | 0.03%Best |
| AUM | $1.3B | $896.5B |
| Dividend Yield | 7.56% | 1.10% |
| Holdings | 96 | 508 |
| YTD Return | -2.58% | +13.59%Best |
| 1Y Return | -3.22% | +17.54%Best |
| 3Y Return (annualized) | +15.49% | +22.46%Best |
| 5Y Return (annualized) | +5.91% | +13.28%Best |
| Volatility (annualized) | 18.1% | 14.8%Best |
| Max Drawdown | -63.6% | -56.5%Best |
| $10,000 over 5 years | $13,326 | $18,654Best |
| Top 10 Weight | 63.7% | 38.9%Best |
| Fund Family | Eaton Vance | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jan 26, 2005 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2005 to Oct 14, 2026 (21.7 years).
EOS 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 21.7 years both funds cover.
EOS vs IVV Performance
Eaton Vance Enhanced Equity Income Fund II (EOS) is an ETF from Eaton Vance and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EOS returned -3.22% while IVV returned +17.54%. Year to date, EOS is down 2.58% versus a gain of 13.59% for IVV.
Over three years, EOS compounded at +15.49% per year against +22.46% for IVV; over five years the annualized figures are +5.91% and +13.28% respectively. Across the full 22-year window we track, IVV has the edge at +9.46% annualized vs +2.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EOS has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 14.8% 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 -63.6% for EOS 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EOS charges 1.09% per year while IVV charges 0.03%. On a $10,000 position that is $109 vs $3 annually, a gap of $106 per year that compounds over a long holding period. On income, EOS currently yields 7.56% against 1.10% for IVV.
Holdings Overlap
93.0% of EOS's money is in holdings IVV also owns. 45.7% of IVV's money is in holdings EOS also owns.
Most of EOS is already inside IVV. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, EOS 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.
37 positions in common, counted across the 48 positions we hold weights for in EOS and 506 in IVV, against full books of 96 and 508.
What only one of them owns
Our book lists 463 positions for IVV that do not appear in our book for EOS (53.8% of the fund), and 8 for EOS that do not appear in IVV (5.4%).
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.
Top Shared Holdings
| Stock | Weight in EOS | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 12.88% | 8.44% | 4.44% |
| AAPLApple, Inc | 7.59% | 7.29% | 0.30% |
| MSFTMicrosoft Corp | 8.10% | 5.76% | 2.34% |
| AMZNAmazon.Com Inc | 7.18% | 3.68% | 3.50% |
| GOOGAlphabet Inc. C | 8.41% | 2.41% | 6.00% |
| AVGOBroadcom Inc | 7.30% | 2.47% | 4.83% |
| METAMeta Platforms Inc | 3.48% | 2.42% | 1.06% |
| LLYEli Lilly & Co. | 3.59% | 1.39% | 2.20% |
| VVisa Inc Class A | 2.41% | 0.93% | 1.48% |
| LRCXLam Research Corp | 2.46% | 0.64% | 1.82% |
93.0% of EOS 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, EOS or IVV?
EOS has an expense ratio of 1.09% while IVV charges 0.03%. IVV is the cheaper option, by $106 a year on a $10,000 investment.
Which performed better, EOS or IVV?
Over the past year EOS returned -3.22% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (22 years), EOS annualized +2.31% vs +9.46% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EOS or IVV?
EOS has been the more volatile fund at 18.1% annualized versus 14.8% for IVV. Worst drawdown: EOS -63.6% vs IVV -56.5%.
Should I hold both EOS and IVV?
EOS and IVV have a monthly-return correlation of 0.84, 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 EOS and IVV?
93.0% of EOS's money is in holdings IVV also owns. 45.7% of IVV's is in holdings EOS also owns. They hold 37 positions in common, counted across the 48 positions we hold weights for in EOS and 506 in IVV.
Which pays a higher dividend, EOS or IVV?
EOS yields 7.56% while IVV yields 1.10%, so EOS currently pays the higher dividend yield.
Is IVV better than EOS?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.