IVV vs UTWY
iShares Core S&P 500 ETF vs F/m US Treasury 20 Year Bond ETF
Which is better, IVV or UTWY?
Large Cap Blend against Long Term High Yield Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y 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 | UTWY |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $896.5B | $9M |
| Dividend Yield | 1.10% | 5.52% |
| Holdings | 508 | 6 |
| YTD Return | +13.59%Best | -5.66% |
| 1Y Return | +17.54%Best | -7.51% |
| 3Y Return (annualized) | +22.46%Best | +2.17% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.3% | 10.7%Best |
| Max Drawdown | -18.8% | -18.2%Best |
| $10,000 over 3.5 years | $20,178Best | $9,331 |
| Fund Family | iShares by BlackRock (US) | US Benchmark Series |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term High Yield Bond |
| Inception | May 15, 2000 | Mar 28, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 28, 2023 to Oct 14, 2026 (3.5 years).
IVV vs UTWY 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 UTWY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and F/m US Treasury 20 Year Bond ETF (UTWY) is an ETF from US Benchmark Series. Over the past year IVV returned +17.54% while UTWY returned -7.51%. Year to date, IVV is up 13.59% versus a loss of 5.66% for UTWY.
Over three years, IVV compounded at +22.46% per year against +2.17% for UTWY. Across the full 4-year window we track, IVV has the edge at +22.21% annualized vs -1.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 10.7% for UTWY. 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 -18.2% for UTWY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while UTWY charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 5.52% for UTWY.
You are not choosing between two funds in isolation.
Whichever of IVV and UTWY 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 UTWY?
IVV has an expense ratio of 0.03% while UTWY charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or UTWY?
Over the past year IVV returned +17.54% vs -7.51% for UTWY, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +22.21% vs -1.96% for UTWY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or UTWY?
IVV has been the more volatile fund at 12.3% annualized versus 10.7% for UTWY. Worst drawdown: IVV -18.8% vs UTWY -18.2%.
Should I hold both IVV and UTWY?
IVV and UTWY have a monthly-return correlation of 0.50, 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 UTWY?
IVV yields 1.10% while UTWY yields 5.52%, so UTWY currently pays the higher dividend yield.
Is UTWY better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.