IBDQ vs IVV
iShares iBonds Dec 2025 Term Corporate ETF vs iShares Core S&P 500 ETF
Which is better, IBDQ or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 98.2%.
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 | IBDQ | IVV |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $2.3B | $896.5B |
| Dividend Yield | 3.75% | 1.10% |
| Holdings | 21 | 508 |
| Volatility (annualized) | 4.1%Best | 15.1% |
| Max Drawdown | -15.2%Best | -33.9% |
| $10,000 over 10.8 years | $14,185 | $35,273Best |
| Top 10 Weight | 98.2% | 38.9%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Mar 11, 2015 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 303 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IBDQ has data through Dec 15, 2025 and IVV through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 10.8 years row, are measured over the window both funds cover: Mar 12, 2015 to Dec 15, 2025 (10.8 years).
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.1% for IBDQ. 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 -15.2% for IBDQ and -33.9% 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IBDQ charges 0.10% per year while IVV charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, IBDQ currently yields 3.75% against 1.10% for IVV.
Holdings Overlap
91.9% of IBDQ's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings IBDQ also owns.
Most of IBDQ is already inside IVV. Owning both mostly buys the same companies twice.
The two holdings books were reported 307 days apart, IBDQ as of Nov 28, 2025 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.
1 positions in common, counted across the 20 positions we hold weights for in IBDQ and 506 in IVV, against full books of 21 and 508.
What only one of them owns
Our book lists 499 positions for IVV that do not appear in our book for IBDQ (99.3% of the fund), and 19 for IBDQ that do not appear in IVV (8.3%).
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 IBDQ | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 91.91% | 0.10% | 91.81% |
91.9% of IBDQ 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, IBDQ or IVV?
IBDQ has an expense ratio of 0.10% while IVV charges 0.03%. IVV is the cheaper option, by $7 a year on a $10,000 investment.
Which is riskier, IBDQ or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 4.1% for IBDQ. Worst drawdown: IBDQ -15.2% vs IVV -33.9%.
Should I hold both IBDQ and IVV?
IBDQ and IVV have a monthly-return correlation of 0.48, 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 IBDQ and IVV?
91.9% of IBDQ's money is in holdings IVV also owns. 0.1% of IVV's is in holdings IBDQ also owns. They hold 1 positions in common, counted across the 20 positions we hold weights for in IBDQ and 506 in IVV.
Which pays a higher dividend, IBDQ or IVV?
IBDQ yields 3.75% while IVV yields 1.10%, so IBDQ currently pays the higher dividend yield.
Is IVV better than IBDQ?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 98.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.