ETF head-to-headweekly closes, dividends reinvesteddata through Sep 2026

VOVOOvsIVIVV

Vanguard S&P 500 ETF  /  iShares Core S&P 500 ETF

Near-identical rides: over the past five years, $10,000 became $18,398 in VOO and $18,396 in IVV. What separates them is cost and structure, not performance.

growth of $10,000Sep 2021Sep 2026
as of Sep 2026VOO $18,398IVV $18,396
01At a glance

What five years of weekly data say

at a glance4 findings
  • VOO returned +13.0% a year and IVV +13.0% a year over the past five years, dividends reinvested.
  • Both swung about as much: 16% annual volatility, with worst falls of −24% and −24%.
  • Near twins (correlation 1.00). They rise and fall in lockstep, so holding both adds almost no diversification.
  • IVV pays more income: a 1.06% yield, against 1.04% for VOO.
02Head to head

The numbers side by side

head to head11 lines
VOO and IVV compared on price, size, returns, risk and cost
MetricVOVOOIVIVV
Price$701.78$764.92
Fund size$1.76T$883.99B
1-year return+16.1%+16.1%
3-year return, a year+22.5%+22.5%
5-year return, a year+13.0%+13.0%
Volatility, a year16%16%
Worst drawdown−24%−24%
Worst week−8.9% (ahead)Mar 2025−9.1%Mar 2025
Beta1.001.00
Dividend yield1.04%1.06%
Expense ratio0.03%0.03%
marks the side ahead on lines with a direction: higher return, lower volatility, shallower fall, lower fee
03Together

Do VOO and IVV move together?

correlationnear twins
1.00Near twins: they rise and fall in lockstep, so holding both adds almost no diversification.

Correlation compares VOO’s and IVV’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.

Pearson correlation of weekly returns|+1 always together, 0 unrelated, −1 always opposite
04Drawdowns

How far each one fell

drawdownsbelow each one’s previous high
as of Sep 2026VOO −1.7%IVV −1.7%

VOO

−24%

From its Dec 2021 high to Sep 2022. Back at that high by Dec 2023.

IVV

−24%

From its Dec 2021 high to Sep 2022. Back at that high by Dec 2023.

Worst peak-to-trough fall on weekly closes · dividends reinvested

05Holdings

How much of it is the same money

overlaptop 10 holdings of each fund
38%of each fund’s money is in the same 10 companies, counting only their ten largest positions.
held by bothVOOIVV
NVDANVIDIA Corp8.1%8.1%
AAPLApple Inc7.0%7.0%
MSFTMicrosoft Corp5.7%5.7%
AMZNAmazon.com Inc3.8%3.8%
GOOGLAlphabet Inc Class A3.0%3.0%
AVGOBroadcom Inc2.7%2.6%
GOOGAlphabet Inc Class C2.4%2.4%
METAMeta Platforms Inc Class A1.9%1.9%
Sum of the smaller weight in each shared holding
06Questions

VOO vs IVV: what people ask

questions6 answered

Is VOO better than IVV?

Over the past five years, VOO delivered the higher return: +13.0% a year against +13.0% for IVV, dividends reinvested. Both fell about as far at their worst (−24% and −24%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.

What is the difference between VOO and IVV?

VOO is Vanguard S&P 500 ETF, a fund with $1.76T in assets. IVV is iShares Core S&P 500 ETF, a fund with $883.99B in assets. VOO charges 0.03% a year and IVV 0.03%. Counting only each fund’s ten largest positions, 38% of their money sits in the same companies.

Should I own both VOO and IVV?

Their weekly returns had a correlation of 1.00 over the past five years. They rise and fall in lockstep, so holding both adds almost no diversification. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.

Which is riskier, VOO or IVV?

IVV swung more: 16% annual volatility against 16% for VOO. At their worst, VOO fell 24% and IVV 24% from a previous high. Against the broad market, their betas are 1.00 and 1.00.

Which pays a higher dividend, VOO or IVV?

IVV currently yields 1.06%, against 1.04% for VOO. Yields move with price, so a higher yield can also mean a falling price.

Which is cheaper to hold, VOO or IVV?

Both charge 0.03% a year, so cost doesn’t separate them.

Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.