IVV vs MXF
iShares Core S&P 500 ETF vs The Mexico Fund Inc
Which is better, IVV or MXF?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | MXF |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.32% |
| AUM | $896.5B | $339M |
| Dividend Yield | 1.10% | 5.68% |
| Holdings | 508 | 28 |
| YTD Return | +13.59%Best | +3.24% |
| 1Y Return | +17.54%Best | +13.13% |
| 3Y Return (annualized) | +22.46%Best | +14.04% |
| 5Y Return (annualized) | +13.28%Best | +11.04% |
| Volatility (annualized) | 15.1%Best | 25.5% |
| Max Drawdown | -56.5%Best | -84.7% |
| $10,000 over 5 years | $18,654Best | $16,881 |
| Fund Family | iShares by BlackRock (US) | The Mexico Fund, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Jun 3, 1981 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Oct 14, 2026 (26.4 years).
IVV vs MXF 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 26.4 years both funds cover.
IVV vs MXF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and The Mexico Fund Inc (MXF) is an ETF from The Mexico Fund, Inc.. Over the past year IVV returned +17.54% while MXF returned +13.13%. Year to date, IVV is up 13.59% versus a gain of 3.24% for MXF.
Over three years, IVV compounded at +22.46% per year against +14.04% for MXF; over five years the annualized figures are +13.28% and +11.04% respectively. Across the full 26-year window we track, IVV has the edge at +6.99% annualized vs +2.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MXF has been the more volatile fund, with annualized monthly volatility of 25.5% compared with 15.1% 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 -56.5% for IVV and -84.7% for MXF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MXF charges 1.32%. On a $10,000 position that is $3 vs $132 annually, a gap of $129 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 5.68% for MXF.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 26 in MXF, totalling 99.9% and 92.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, IVV as of Oct 1, 2026 and MXF as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 26 in MXF, against full books of 508 and 28.
You are not choosing between two funds in isolation.
Whichever of IVV and MXF 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, IVV or MXF?
IVV has an expense ratio of 0.03% while MXF charges 1.32%. IVV is the cheaper option, by $129 a year on a $10,000 investment.
Which performed better, IVV or MXF?
Over the past year IVV returned +17.54% vs +13.13% for MXF, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.99% vs +2.58% for MXF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MXF?
MXF has been the more volatile fund at 25.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MXF -84.7%.
Should I hold both IVV and MXF?
IVV and MXF have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or MXF?
IVV yields 1.10% while MXF yields 5.68%, so MXF currently pays the higher dividend yield.
Is MXF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.