IVV vs REIX
iShares Core S&P 500 ETF vs NYLIM CBRE Real Estate & Infrastructure ETF
Which is better, IVV or REIX?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. REIX is less concentrated, with 26.6% 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 | REIX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $896.5B | $7M |
| Dividend Yield | 1.10% | 2.82% |
| Holdings | 508 | 109 |
| YTD Return | +13.59%Best | +2.75% |
| 1Y Return | +17.54%Best | +3.97% |
| 3Y Return (annualized) | +22.46%Best | +11.69% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.6%Best | 13.8% |
| Max Drawdown | -18.8% | -15.7%Best |
| $10,000 over 3.4 years | $19,416Best | $12,507 |
| Top 10 Weight | 38.9% | 26.6%Best |
| Fund Family | iShares by BlackRock (US) | IndexIQ Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | May 10, 2023 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 10, 2023 to Oct 14, 2026 (3.4 years).
IVV vs REIX 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 3.4 years both funds cover.
IVV vs REIX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NYLIM CBRE Real Estate & Infrastructure ETF (REIX) is an ETF from IndexIQ Trust. Over the past year IVV returned +17.54% while REIX returned +3.97%. Year to date, IVV is up 13.59% versus a gain of 2.75% for REIX.
Over three years, IVV compounded at +22.46% per year against +11.69% for REIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REIX has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 12.6% 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 -15.7% for REIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while REIX charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.82% for REIX.
Holdings Overlap
2.9% of IVV's money is in holdings REIX also owns. 47.7% of REIX's money is in holdings IVV also owns.
The two portfolios partly overlap.
32 positions in common, counted across the 506 positions we hold weights for in IVV and 107 in REIX, against full books of 508 and 109.
What only one of them owns
Our book lists 22 positions for REIX that do not appear in our book for IVV (15.0% of the fund), and 468 for IVV that do not appear in REIX (96.6%).
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 REIX | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 0.25% | 6.97% | 6.72% |
| EQIXEquinix Inc. Real Estate Investment Trust | 0.15% | 4.14% | 3.99% |
| XELXcel Energy Inc. | 0.07% | 2.87% | 2.80% |
| WECWec Energy Group Inc. | 0.05% | 2.41% | 2.36% |
| WMBWilliams Cos. Inc. | 0.13% | 2.00% | 1.87% |
| AMTAmerican Tower Corporation | 0.11% | 1.63% | 1.52% |
| ATOAtmos Energy Corp | 0.04% | 1.53% | 1.49% |
| AEPAmerican Electric Power Co Inc | 0.10% | 1.46% | 1.36% |
| PPLPpl Corp (Utilities) | 0.04% | 1.52% | 1.48% |
| REGRegency Centers Corp. | 0.02% | 1.49% | 1.47% |
47.7% of REIX 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 REIX?
IVV has an expense ratio of 0.03% while REIX charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or REIX?
Over the past year IVV returned +17.54% vs +3.97% for REIX, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or REIX?
REIX has been the more volatile fund at 13.8% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs REIX -15.7%.
Should I hold both IVV and REIX?
IVV and REIX have a monthly-return correlation of 0.59, 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 REIX?
47.7% of REIX's money is in holdings IVV also owns. 47.7% of REIX's is in holdings IVV also owns. They hold 32 positions in common, counted across the 506 positions we hold weights for in IVV and 107 in REIX.
Which pays a higher dividend, IVV or REIX?
IVV yields 1.10% while REIX yields 2.82%, so REIX currently pays the higher dividend yield.
Is REIX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. REIX is less concentrated, with 26.6% 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.