IVW vs VTI
iShares S&P 500 Growth ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, IVW or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. IVW led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 60.0%.
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 | IVW | VTI |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $80.0B | $689.2B |
| Dividend Yield | 0.34% | 1.06% |
| Holdings | 152 | 3,524 |
| YTD Return | +15.30%Best | +13.02% |
| 1Y Return | +18.81%Best | +16.63% |
| 3Y Return (annualized) | +26.93%Best | +21.97% |
| 5Y Return (annualized) | +13.96%Best | +11.99% |
| Volatility (annualized) | 15.6% | 15.3%Best |
| Max Drawdown | -58.9% | -56.6%Best |
| $10,000 over 5 years | $19,220Best | $17,616 |
| Top 10 Weight | 60.0% | 33.5%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 22, 2000 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: May 31, 2001 to Oct 14, 2026 (25.4 years).
IVW vs VTI 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 25.4 years both funds cover.
IVW vs VTI Performance
iShares S&P 500 Growth ETF (IVW) is an ETF from iShares by BlackRock (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year IVW returned +18.81% while VTI returned +16.63%. Year to date, IVW is up 15.30% versus a gain of 13.02% for VTI.
Over three years, IVW compounded at +26.93% per year against +21.97% for VTI; over five years the annualized figures are +13.96% and +11.99% respectively. Across the full 25-year window we track, IVW has the edge at +9.28% annualized vs +8.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVW has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.3% for VTI. 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 -58.9% for IVW and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVW charges 0.18% per year while VTI charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, IVW currently yields 0.34% against 1.06% for VTI.
Holdings Overlap
96.3% of IVW's money is in holdings VTI also owns. 58.0% of VTI's money is in holdings IVW also owns.
Most of IVW is already inside VTI. Owning both mostly buys the same companies twice.
145 positions in common, counted across the 152 positions we hold weights for in IVW and 3,441 in VTI, against full books of 152 and 3,524.
What only one of them owns
Our book lists 1,011 positions for VTI that do not appear in our book for IVW (39.5% of the fund), and 5 for IVW that do not appear in VTI (3.5%).
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 IVW | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 15.13% | 6.88% | 8.25% |
| MSFTMicrosoft Corp_None_0 | 10.31% | 5.11% | 5.20% |
| AAPLApple Inc | 6.53% | 6.30% | 0.23% |
| GOOGLAlphabet Inc-cl A | 5.37% | 2.70% | 2.67% |
| AMZNAmazon.Com Inc | 3.50% | 3.41% | 0.09% |
| AVGOBroadcom Inc | 4.43% | 2.38% | 2.05% |
| GOOGAlphabet, Inc.- Cl C | 4.31% | 2.12% | 2.19% |
| METAMeta Platforms, Inc. | 4.33% | 1.70% | 2.63% |
| MUMicron Technology, Inc. | 3.36% | 1.46% | 1.90% |
| LLYEli Lilly & Co. | 2.49% | 1.33% | 1.16% |
96.3% of IVW is already inside VTI.
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, IVW or VTI?
IVW has an expense ratio of 0.18% while VTI charges 0.03%. VTI is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IVW or VTI?
Over the past year IVW returned +18.81% vs +16.63% for VTI, so IVW leads on 1-year performance. Over the longest common window we track (25 years), IVW annualized +9.28% vs +8.04% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVW or VTI?
IVW has been the more volatile fund at 15.6% annualized versus 15.3% for VTI. Worst drawdown: IVW -58.9% vs VTI -56.6%.
Should I hold both IVW and VTI?
IVW and VTI have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVW and VTI?
96.3% of IVW's money is in holdings VTI also owns. 58.0% of VTI's is in holdings IVW also owns. They hold 145 positions in common, counted across the 152 positions we hold weights for in IVW and 3,441 in VTI.
Which pays a higher dividend, IVW or VTI?
IVW yields 0.34% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than IVW?
VTI has a lower expense ratio. IVW led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 60.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.