IVV vs MBOX
iShares Core S&P 500 ETF vs Freedom Day Dividend ETF
Which is better, IVV or MBOX?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, MBOX over 1Y. MBOX is less concentrated, with 26.2% 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 | MBOX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $896.5B | $152M |
| Dividend Yield | 1.10% | 1.96% |
| Holdings | 508 | 98 |
| YTD Return | +13.59% | +19.07%Best |
| 1Y Return | +17.54% | +21.00%Best |
| 3Y Return (annualized) | +22.46%Best | +18.63% |
| 5Y Return (annualized) | +13.28%Best | +12.57% |
| Volatility (annualized) | 15.3% | 14.4%Best |
| Max Drawdown | -24.5% | -16.7%Best |
| $10,000 over 5 years | $18,654Best | $18,076 |
| Top 10 Weight | 38.9% | 26.2%Best |
| Fund Family | iShares by BlackRock (US) | Freedom Day Dividend |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | May 4, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 5, 2021 to Oct 14, 2026 (5.4 years).
IVV vs MBOX 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 5.4 years both funds cover.
IVV vs MBOX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Freedom Day Dividend ETF (MBOX) is an ETF from Freedom Day Dividend. Over the past year IVV returned +17.54% while MBOX returned +21.00%. Year to date, IVV is up 13.59% versus a gain of 19.07% for MBOX.
Over three years, IVV compounded at +22.46% per year against +18.63% for MBOX; over five years the annualized figures are +13.28% and +12.57% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.4% for MBOX. 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 -24.5% for IVV and -16.7% for MBOX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MBOX charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.96% for MBOX.
Holdings Overlap
10.0% of IVV's money is in holdings MBOX also owns. 68.5% of MBOX's money is in holdings IVV also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 506 positions we hold weights for in IVV and 47 in MBOX, against full books of 508 and 98.
What only one of them owns
Our book lists 12 positions for MBOX that do not appear in our book for IVV (23.7% of the fund), and 469 for IVV that do not appear in MBOX (89.5%).
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 MBOX | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.47% | 2.31% | 0.16% |
| JPMJpmorgan Chase | 1.34% | 2.97% | 1.63% |
| XOMExxonmobil Corp. | 1.02% | 2.51% | 1.49% |
| DELLDell Technologies Inc | 0.25% | 2.89% | 2.64% |
| ACNAccenture Plc | 0.20% | 2.70% | 2.50% |
| AMGNAmgen Inc. | 0.33% | 2.56% | 2.23% |
| MRKMerck & Company Inc | 0.54% | 2.33% | 1.79% |
| PMPhilip Morris International Inc. | 0.44% | 2.39% | 1.95% |
| UNHUnitedhealth Group Incorporated | 0.50% | 2.26% | 1.76% |
| GSGoldman Sachs Group Inc/The | 0.39% | 2.30% | 1.91% |
68.5% of MBOX 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 MBOX?
IVV has an expense ratio of 0.03% while MBOX charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or MBOX?
Over the past year IVV returned +17.54% vs +21.00% for MBOX, so MBOX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MBOX?
IVV has been the more volatile fund at 15.3% annualized versus 14.4% for MBOX. Worst drawdown: IVV -24.5% vs MBOX -16.7%.
Should I hold both IVV and MBOX?
IVV and MBOX have a monthly-return correlation of 0.83, 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 MBOX?
68.5% of MBOX's money is in holdings IVV also owns. 68.5% of MBOX's is in holdings IVV also owns. They hold 31 positions in common, counted across the 506 positions we hold weights for in IVV and 47 in MBOX.
Which pays a higher dividend, IVV or MBOX?
IVV yields 1.10% while MBOX yields 1.96%, so MBOX currently pays the higher dividend yield.
Is MBOX better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, MBOX over 1Y. MBOX is less concentrated, with 26.2% 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.