ETF Versus

IEF vs IVV

iShares 7-10 Year Treasury Bond ETF vs iShares Core S&P 500 ETF

Last updated: 2026-04-02

IEF iShares

iShares 7-10 Year Treasury Bond ETF (IEF) is an exchange-traded fund issued by iShares that provides exposure to intermediate-term U.S. Treasury bonds. It charges a low expense ratio of 0.15%. The fund offers an attractive dividend yield of 3.84%. Launched in 2002, the fund has a 24-year track record.

AUM: $48.0B ER: 0.15% Yield: 3.84% Since: Jul 22, 2002
IVV iShares

iShares Core S&P 500 ETF (IVV) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.23%. Launched in 2000, the fund has a 26-year track record.

AUM: $702.1B ER: 0.03% Yield: 1.23% Since: May 15, 2000

Quick Verdict

IVV is significantly cheaper at 0.03% vs 0.15% expense ratio, saving you approximately $238 per $10,000 invested over 10 years. Over the past year, IVV has significantly outperformed with a 16.7% return vs -0.4%. Income investors may prefer IEF for its higher yield (3.8% vs 1.2%).

Key Metrics

Metric IEF IVV
Expense Ratio 0.15% 0.03%
Dividend Yield 3.8% 1.2%
Fund Family iShares iShares
Category US Intermediate Treasury US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

75 95 115 135 155 175 2021-04 2022-06 2023-09 2024-12 2026-04
IEF -15.9%
IVV +61.3%

Performance Comparison

Period IEF IVV Difference
1 Month -2.14% -4.55% +2.41%
3 Months -1.08% -4.10% +3.02%
6 Months -1.41% -2.14% +0.73%
YTD -1.08% -4.10% +3.02%
1 Year -0.38% +16.72% -17.10%
3 Years -4.38% +59.51% -63.89%
5 Years -15.92% +61.35% -77.27%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEF Fees IVV Fees You Save
$10.000 10 years $298 $60 $238
$10.000 20 years $1.278 $258 $1.020
$10.000 30 years $4.109 $835 $3.274
$50.000 10 years $1.490 $299 $1.190
$50.000 30 years $20.547 $4.176 $16.371
$100.000 30 years $41.094 $8.352 $32.742

Risk Metrics

Based on 5 years of daily returns

Metric IEF IVV
Annualized Volatility 7.7% 16.9%
Max Drawdown -24.7% -25.4%
Sharpe Ratio -1.00 0.39

Dividend Comparison

Metric IEF IVV
Annual Dividend (per share) $3.65 $8.06
Dividend Yield 3.84% 1.22%
Distribution Frequency Monthly Quarterly

Top Holdings

IVV Top Holdings

NameWeight
NVIDIA CorporationNVDA7.45%
Apple Inc.AAPL6.68%
Microsoft CorporationMSFT4.85%
Amazon.com, Inc.AMZN3.56%
Broadcom Inc.AVGO2.61%
Alphabet Inc.GOOG2.34%
Meta Platforms, Inc.META2.10%
Tesla, Inc.TSLA1.86%
Berkshire Hathaway Inc.BRK.B1.57%

Which One Should You Choose?

Choose IVV if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IVV if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose IEF if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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