IDEV vs IVV
iShares Core MSCI International Developed Markets ETF vs iShares Core S&P 500 ETF
Which is better, IDEV or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IDEV is less concentrated, with 10.8% 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 | IDEV | IVV |
|---|---|---|
| Expense Ratio | 0.04% | 0.03%Best |
| AUM | $33.2B | $896.5B |
| Dividend Yield | 3.22% | 1.10% |
| Holdings | 2,308 | 508 |
| YTD Return | +9.08% | +13.90%Best |
| 1Y Return | +14.88% | +17.37%Best |
| 3Y Return (annualized) | +18.55% | +22.55%Best |
| 5Y Return (annualized) | +8.41% | +13.17%Best |
| Volatility (annualized) | 15.3%Best | 15.7% |
| Max Drawdown | -38.4% | -33.9%Best |
| $10,000 over 5 years | $14,974 | $18,563Best |
| Top 10 Weight | 10.8%Best | 38.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 21, 2017 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Mar 23, 2017 to Oct 15, 2026 (9.6 years).
IDEV 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 9.6 years both funds cover.
IDEV vs IVV Performance
iShares Core MSCI International Developed Markets ETF (IDEV) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IDEV returned +14.88% while IVV returned +17.37%. Year to date, IDEV is up 9.08% versus a gain of 13.90% for IVV.
Over three years, IDEV compounded at +18.55% per year against +22.55% for IVV; over five years the annualized figures are +8.41% and +13.17% respectively. Across the full 10-year window we track, IVV has the edge at +14.16% annualized vs +7.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.3% for IDEV. 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 -38.4% for IDEV 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IDEV charges 0.04% per year while IVV charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, IDEV currently yields 3.22% against 1.10% for IVV.
Holdings Overlap
1.1% of IDEV's money is in holdings IVV also owns. 0.7% of IVV's money is in holdings IDEV also owns.
IDEV and IVV share little of their money.
4 positions in common, counted across the 2,236 positions we hold weights for in IDEV and 506 in IVV, against full books of 2,308 and 508.
What only one of them owns
Our book lists 496 positions for IVV that do not appear in our book for IDEV (98.7% of the fund), and 23 for IDEV that do not appear in IVV (3.0%).
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 IDEV 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, IDEV or IVV?
IDEV has an expense ratio of 0.04% while IVV charges 0.03%. IVV is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, IDEV or IVV?
Over the past year IDEV returned +14.88% vs +17.37% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IDEV annualized +7.83% vs +14.16% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDEV or IVV?
IVV has been the more volatile fund at 15.7% annualized versus 15.3% for IDEV. Worst drawdown: IDEV -38.4% vs IVV -33.9%.
Should I hold both IDEV and IVV?
IDEV and IVV have a monthly-return correlation of 0.85, 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 IDEV and IVV?
1.1% of IDEV's money is in holdings IVV also owns. 0.7% of IVV's is in holdings IDEV also owns. They hold 4 positions in common, counted across the 2,236 positions we hold weights for in IDEV and 506 in IVV.
Which pays a higher dividend, IDEV or IVV?
IDEV yields 3.22% while IVV yields 1.10%, so IDEV currently pays the higher dividend yield.
Is IVV better than IDEV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IDEV is less concentrated, with 10.8% 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.