IVV vs VWO
iShares Core S&P 500 ETF vs Vanguard Emerging Markets Stock Index Fund
Last updated: 2026-04-02
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.
Vanguard Emerging Markets Stock Index Fund (VWO) is an exchange-traded fund issued by Vanguard that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 2.76%. Launched in 2005, the fund has a 21-year track record.
Quick Verdict
IVV has a slightly lower expense ratio (0.03% vs 0.06%), saving about $60 per $10,000 over 10 years. VWO has edged ahead over the past year (19.4% vs 16.7%). Income investors may prefer VWO for its higher yield (2.8% vs 1.2%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 8 holdings overlap (0% overlap in top holdings)
IVV Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 7.45% |
| Apple Inc.AAPL | 6.68% |
| Microsoft CorporationMSFT | 4.85% |
| Amazon.com, Inc.AMZN | 3.56% |
| Broadcom Inc.AVGO | 2.61% |
| Alphabet Inc.GOOG | 2.34% |
| Meta Platforms, Inc.META | 2.10% |
| Tesla, Inc.TSLA | 1.86% |
| Berkshire Hathaway Inc.BRK.B | 1.57% |
VWO Top Holdings
| Name | Weight |
|---|---|
| Taiwan Semiconductor Manufacturing Company Limited!tpe/2330 | 12.71% |
| Tencent Holdings Limited!hkg/0700 | 3.44% |
| Alibaba Group Holding Limited!hkg/9988 | 2.74% |
| HDFC Bank Limited!nse/HDFCBANK | 0.93% |
| Reliance Industries Limited!nse/RELIANCE | 0.88% |
| Hon Hai Precision Industry Co., Ltd.!tpe/2317 | 0.78% |
| MediaTek Inc.!tpe/2454 | 0.76% |
| China Construction Bank Corporation!hkg/0939 | 0.75% |
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 VWO if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose VWO if...
you prioritize dividend income and want higher regular distributions from your portfolio.