IVV vs MADE
iShares Core S&P 500 ETF vs iShares US Manufacturing ETF
Which is better, IVV or MADE?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. MADE is less concentrated, with 37.1% 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 | IVV | MADE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $896.5B | $57M |
| Dividend Yield | 1.10% | 0.65% |
| Holdings | 508 | 117 |
| YTD Return | +13.59%Best | +7.00% |
| 1Y Return | +17.54%Best | +17.47% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.9%Best | 18.8% |
| Max Drawdown | -18.8%Best | -23.8% |
| $10,000 over 2.2 years | $14,224Best | $14,200 |
| Top 10 Weight | 38.9% | 37.1%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Jul 17, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 18, 2024 to Oct 14, 2026 (2.2 years).
IVV vs MADE 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 2.2 years both funds cover.
IVV vs MADE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares US Manufacturing ETF (MADE) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.54% while MADE returned +17.47%. Year to date, IVV is up 13.59% versus a gain of 7.00% for MADE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MADE has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 11.9% 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 -18.8% for IVV and -23.8% for MADE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MADE charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.65% for MADE.
Holdings Overlap
4.5% of IVV's money is in holdings MADE also owns. 78.3% of MADE's money is in holdings IVV also owns.
Most of MADE is already inside IVV. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 506 positions we hold weights for in IVV and 114 in MADE, against full books of 508 and 117.
What only one of them owns
Our book lists 70 positions for MADE that do not appear in our book for IVV (20.7% of the fund), and 457 for IVV that do not appear in MADE (94.9%).
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 IVV | Weight in MADE | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 0.57% | 4.08% | 3.51% |
| APHAmphenol Corp. Class A | 0.32% | 4.24% | 3.92% |
| DEDeere & Co Sedol 2261203 | 0.25% | 3.97% | 3.72% |
| RTXRaytheon Co. | 0.38% | 3.62% | 3.24% |
| PHParker-Hannifin Corp. | 0.18% | 3.82% | 3.64% |
| CMICummins Inc. | 0.11% | 3.36% | 3.25% |
| GMGeneral Motors Co | 0.11% | 3.29% | 3.18% |
| VRTVertiv Holdings Co | 0.14% | 3.24% | 3.10% |
| TTTt Trane Technologies Plc | 0.15% | 3.16% | 3.01% |
| HONHoneywell International Inc | 0.10% | 3.20% | 3.10% |
78.3% of MADE 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, IVV or MADE?
IVV has an expense ratio of 0.03% while MADE charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or MADE?
Over the past year IVV returned +17.54% vs +17.47% for MADE, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.37% vs +17.28% for MADE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MADE?
MADE has been the more volatile fund at 18.8% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs MADE -23.8%.
Should I hold both IVV and MADE?
IVV and MADE have a monthly-return correlation of 0.73, 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 IVV and MADE?
78.3% of MADE's money is in holdings IVV also owns. 78.3% of MADE's is in holdings IVV also owns. They hold 43 positions in common, counted across the 506 positions we hold weights for in IVV and 114 in MADE.
Which pays a higher dividend, IVV or MADE?
IVV yields 1.10% while MADE yields 0.65%, so IVV currently pays the higher dividend yield.
Is MADE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. MADE is less concentrated, with 37.1% 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.