IVV vs MDLV
iShares Core S&P 500 ETF vs Morgan Dempsey Large Cap Value ETF
Which is better, IVV or MDLV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.3% 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 | MDLV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.58% |
| AUM | $896.5B | $49M |
| Dividend Yield | 1.10% | 2.73% |
| Holdings | 508 | 78 |
| YTD Return | +13.59%Best | +8.36% |
| 1Y Return | +17.54%Best | +11.16% |
| 3Y Return (annualized) | +22.46%Best | +13.01% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.5% | 10.7%Best |
| Max Drawdown | -18.8% | -16.6%Best |
| $10,000 over 3.5 years | $20,057Best | $12,614 |
| Top 10 Weight | 38.9% | 34.3%Best |
| Fund Family | iShares by BlackRock (US) | Morgan Dempsey |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Apr 26, 2023 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 26, 2023 to Oct 14, 2026 (3.5 years).
IVV vs MDLV 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 3.5 years both funds cover.
IVV vs MDLV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Morgan Dempsey Large Cap Value ETF (MDLV) is an ETF from Morgan Dempsey. Over the past year IVV returned +17.54% while MDLV returned +11.16%. Year to date, IVV is up 13.59% versus a gain of 8.36% for MDLV.
Over three years, IVV compounded at +22.46% per year against +13.01% for MDLV. Across the full 4-year window we track, IVV has the edge at +22.00% annualized vs +6.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 10.7% for MDLV. 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 -16.6% for MDLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MDLV charges 0.58%. On a $10,000 position that is $3 vs $58 annually, a gap of $55 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.73% for MDLV.
Holdings Overlap
9.3% of IVV's money is in holdings MDLV also owns. 84.6% of MDLV's money is in holdings IVV also owns.
Most of MDLV is already inside IVV. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 506 positions we hold weights for in IVV and 39 in MDLV, against full books of 508 and 78.
What only one of them owns
Our book lists 3 positions for MDLV that do not appear in our book for IVV (8.7% of the fund), and 467 for IVV that do not appear in MDLV (90.1%).
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 MDLV | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.02% | 4.49% | 3.47% |
| JNJJohnson & Johnson - Common | 0.94% | 3.41% | 2.47% |
| CVXChevron Corp | 0.62% | 3.56% | 2.94% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.65% | 3.13% | 2.48% |
| KOCoca Cola Co. | 0.50% | 3.12% | 2.62% |
| TAT&T Inc. | 0.25% | 3.19% | 2.94% |
| MRKMerck & Company Inc | 0.54% | 2.88% | 2.34% |
| ETREntergy Corp. | 0.07% | 3.34% | 3.27% |
| CCitigroup Inc. | 0.32% | 2.87% | 2.55% |
| WFCWells Fargo & Co. | 0.37% | 2.69% | 2.32% |
84.6% of MDLV 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 MDLV?
IVV has an expense ratio of 0.03% while MDLV charges 0.58%. IVV is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, IVV or MDLV?
Over the past year IVV returned +17.54% vs +11.16% for MDLV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +22.00% vs +6.86% for MDLV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MDLV?
IVV has been the more volatile fund at 12.5% annualized versus 10.7% for MDLV. Worst drawdown: IVV -18.8% vs MDLV -16.6%.
Should I hold both IVV and MDLV?
IVV and MDLV have a monthly-return correlation of 0.41, 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 MDLV?
84.6% of MDLV's money is in holdings IVV also owns. 84.6% of MDLV's is in holdings IVV also owns. They hold 33 positions in common, counted across the 506 positions we hold weights for in IVV and 39 in MDLV.
Which pays a higher dividend, IVV or MDLV?
IVV yields 1.10% while MDLV yields 2.73%, so MDLV currently pays the higher dividend yield.
Is MDLV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.3% 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.