IHF vs IVV
iShares US Health Care Providers ETF vs iShares Core S&P 500 ETF
Which is better, IHF or IVV?
Each has led over a different period.
IVV has a lower expense ratio. IHF led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 73.1%.
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 | IHF | IVV |
|---|---|---|
| Expense Ratio | 0.37% | 0.03%Best |
| AUM | $1.4B | $896.5B |
| Dividend Yield | 0.99% | 1.10% |
| Holdings | 63 | 508 |
| YTD Return | +21.42%Best | +13.59% |
| 1Y Return | +17.58%Best | +17.54% |
| 3Y Return (annualized) | +5.66% | +22.46%Best |
| 5Y Return (annualized) | +3.17% | +13.28%Best |
| Volatility (annualized) | 19.5% | 15.2%Best |
| Max Drawdown | -58.8% | -56.5%Best |
| $10,000 over 5 years | $11,689 | $18,654Best |
| Top 10 Weight | 73.1% | 38.9%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 1, 2006 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 5, 2006 to Oct 14, 2026 (20.4 years).
IHF 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 20.4 years both funds cover.
IHF vs IVV Performance
iShares US Health Care Providers ETF (IHF) 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 IHF returned +17.58% while IVV returned +17.54%. Year to date, IHF is up 21.42% versus a gain of 13.59% for IVV.
Over three years, IHF compounded at +5.66% per year against +22.46% for IVV; over five years the annualized figures are +3.17% and +13.28% respectively. Across the full 20-year window we track, IVV has the edge at +9.43% annualized vs +9.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IHF has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.2% 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 -58.8% for IHF 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IHF charges 0.37% per year while IVV charges 0.03%. On a $10,000 position that is $37 vs $3 annually, a gap of $34 per year that compounds over a long holding period. On income, IHF currently yields 0.99% against 1.10% for IVV.
Holdings Overlap
70.0% of IHF's money is in holdings IVV also owns. 1.3% of IVV's money is in holdings IHF also owns.
Most of IHF is already inside IVV. Owning both mostly buys the same companies twice.
12 positions in common, counted across the 62 positions we hold weights for in IHF and 506 in IVV, against full books of 63 and 508.
What only one of them owns
Our book lists 488 positions for IVV that do not appear in our book for IHF (98.1% of the fund), and 49 for IHF that do not appear in IVV (24.9%).
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 IHF | Weight in IVV | Difference |
|---|---|---|---|
| UNHUnitedhealth Group, Inc. | 21.81% | 0.50% | 21.31% |
| CVSCvs Health Corp. | 12.30% | 0.16% | 12.14% |
| ELVElevance Health Inc (antm Un) | 9.33% | 0.13% | 9.20% |
| HCAHca Healthcare Inc. | 4.71% | 0.09% | 4.62% |
| CICigna Corp. | 4.52% | 0.11% | 4.41% |
| HUMHumana Inc. | 4.46% | 0.07% | 4.39% |
| CNCCentene Corp. | 4.07% | 0.05% | 4.02% |
| DGXQuest Diagnostics Inc. | 3.45% | 0.04% | 3.41% |
| LH06Labcorp | 3.34% | 0.04% | 3.30% |
| UHSUniversal Health Services Inc. | 1.22% | 0.01% | 1.21% |
70.0% of IHF 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, IHF or IVV?
IHF has an expense ratio of 0.37% while IVV charges 0.03%. IVV is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, IHF or IVV?
Over the past year IHF returned +17.58% vs +17.54% for IVV, so IHF leads on 1-year performance. Over the longest common window we track (20 years), IHF annualized +9.38% vs +9.43% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IHF or IVV?
IHF has been the more volatile fund at 19.5% annualized versus 15.2% for IVV. Worst drawdown: IHF -58.8% vs IVV -56.5%.
Should I hold both IHF and IVV?
IHF and IVV have a monthly-return correlation of 0.69, 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 IHF and IVV?
70.0% of IHF's money is in holdings IVV also owns. 1.3% of IVV's is in holdings IHF also owns. They hold 12 positions in common, counted across the 62 positions we hold weights for in IHF and 506 in IVV.
Which pays a higher dividend, IHF or IVV?
IHF yields 0.99% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than IHF?
IVV has a lower expense ratio. IHF led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 73.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.