HLGE vs IVV
Hartford Longevity Economy ETF vs iShares Core S&P 500 ETF
Which is better, HLGE or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95.
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 | HLGE | IVV |
|---|---|---|
| Expense Ratio | 0.44% | 0.03%Best |
| AUM | $13M | $896.5B |
| Dividend Yield | 1.34% | 1.10% |
| Holdings | 342 | 508 |
| Volatility (annualized) | 16.4% | 16.1%Best |
| Max Drawdown | -23.9%Best | -24.5% |
| $10,000 over 4.3 years | $13,387 | $16,192Best |
| Fund Family | Hartford Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Mar 16, 2021 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 478 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HLGE has data through Jun 23, 2025 and IVV through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Mar 17, 2021 to Jun 23, 2025 (4.3 years).
Risk: Volatility and Drawdowns
HLGE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 16.1% 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 -23.9% for HLGE and -24.5% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HLGE charges 0.44% per year while IVV charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period. On income, HLGE currently yields 1.34% against 1.10% for IVV.
You are not choosing between two funds in isolation.
Whichever of HLGE 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, HLGE or IVV?
HLGE has an expense ratio of 0.44% while IVV charges 0.03%. IVV is the cheaper option, by $41 a year on a $10,000 investment.
Which is riskier, HLGE or IVV?
HLGE has been the more volatile fund at 16.4% annualized versus 16.1% for IVV. Worst drawdown: HLGE -23.9% vs IVV -24.5%.
Should I hold both HLGE and IVV?
HLGE and IVV have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, HLGE or IVV?
HLGE yields 1.34% while IVV yields 1.10%, so HLGE currently pays the higher dividend yield.
Is IVV better than HLGE?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.