ETF Versus

IVV vs VB

iShares Core S&P 500 ETF vs Vanguard Small-Cap Index Fund ETF Shares

Last updated: 2026-04-02

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
VB Vanguard

Vanguard Small-Cap Index Fund ETF Shares (VB) is an exchange-traded fund issued by Vanguard that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.33%. Launched in 2004, the fund has a 22-year track record.

AUM: $69.1B ER: 0.03% Yield: 1.33% Since: Jan 26, 2004

Quick Verdict

VB has edged ahead over the past year (18.4% vs 16.7%).

Key Metrics

Metric IVV VB
Expense Ratio 0.03% 0.03%
Dividend Yield 1.2% 1.3%
Fund Family iShares Vanguard
Category US Large Cap Blend US Small Cap

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
IVV +61.3%
VB +20.7%

Performance Comparison

Period IVV VB Difference
1 Month -4.55% -5.50% +0.95%
3 Months -4.10% +0.71% -4.81%
6 Months -2.14% +2.15% -4.29%
YTD -4.10% +0.71% -4.81%
1 Year +16.72% +18.40% -1.68%
3 Years +59.51% +39.02% +20.49%
5 Years +61.35% +20.71% +40.64%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IVV Fees VB Fees You Save
$10.000 10 years $60 $60 $0
$10.000 20 years $258 $258 $0
$10.000 30 years $835 $835 $0
$50.000 10 years $299 $299 $0
$50.000 30 years $4.176 $4.176 $0
$100.000 30 years $8.352 $8.352 $0

Risk Metrics

Based on 5 years of daily returns

Metric IVV VB
Annualized Volatility 16.9% 20.8%
Max Drawdown -25.4% -28.8%
Sharpe Ratio 0.39 0.07

Dividend Comparison

Metric IVV VB
Annual Dividend (per share) $8.06 $3.50
Dividend Yield 1.22% 1.33%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in 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%

VB Top Holdings

NameWeight
Sandisk CorporationSNDK1.21%
Comfort Systems USA, Inc.FIX0.65%
Lumentum Holdings Inc.LITE0.64%
Ciena CorporationCIEN0.64%
Coherent Corp.COHR0.53%
Rocket Lab CorporationRKLB0.48%
NRG Energy, Inc.NRG0.44%
Bloom Energy CorporationBE0.43%
EMCOR Group, Inc.EME0.42%

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