IVV vs VEXC
iShares Core S&P 500 ETF vs Vanguard Emerging Markets ex-China ETF
Which is better, IVV or VEXC?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. VEXC led over 1Y and the full window. VEXC is less concentrated, with 33.6% 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 | VEXC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.07% |
| AUM | $896.5B | $276M |
| Dividend Yield | 1.10% | 2.00% |
| Holdings | 508 | 1,050 |
| YTD Return | +13.59% | +19.53%Best |
| 1Y Return | +17.54% | +27.09%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 13.2%Best | 17.8% |
| Max Drawdown | -8.9%Best | -12.4% |
| $10,000 over 1 years | $11,577 | $12,613Best |
| Top 10 Weight | 38.9% | 33.6%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Sep 16, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 2, 2025 to Oct 14, 2026 (1 years).
IVV vs VEXC 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 1 years both funds cover.
IVV vs VEXC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Vanguard Emerging Markets ex-China ETF (VEXC) is an ETF from Vanguard (US). Over the past year IVV returned +17.54% while VEXC returned +27.09%. Year to date, IVV is up 13.59% versus a gain of 19.53% for VEXC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VEXC has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 13.2% 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 -8.9% for IVV and -12.4% for VEXC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while VEXC charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.00% for VEXC.
Holdings Overlap
0.1% of VEXC's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 506 positions we hold weights for in IVV and 978 in VEXC, against full books of 508 and 1,050.
What only one of them owns
Our book lists 21 positions for VEXC that do not appear in our book for IVV (1.7% of the fund), and 499 for IVV that do not appear in VEXC (99.4%).
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 VEXC | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.04% | 0.12% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of IVV and VEXC 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 VEXC?
IVV has an expense ratio of 0.03% while VEXC charges 0.07%. IVV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IVV or VEXC?
Over the past year IVV returned +17.54% vs +27.09% for VEXC, so VEXC leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +15.77% vs +26.13% for VEXC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VEXC?
VEXC has been the more volatile fund at 17.8% annualized versus 13.2% for IVV. Worst drawdown: IVV -8.9% vs VEXC -12.4%.
Should I hold both IVV and VEXC?
IVV and VEXC have a monthly-return correlation of 0.81, 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 VEXC?
IVV yields 1.10% while VEXC yields 2.00%, so VEXC currently pays the higher dividend yield.
Is VEXC better than IVV?
IVV has a lower expense ratio. VEXC led over 1Y and the full window. VEXC is less concentrated, with 33.6% 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.