IVV vs VOO: Fees, Returns & Holdings Compared

	Expense ratio	Net assets	Yield (TTM)	Overlap	1 yr	5 yr*
IVV	0.03%	$888.13B	1.11%	99.6%	+11.5%	+11.8%
VOO	0.03%	$1.67T	1.07%		+12.4%	+12.0%

At a glance

IVV and VOO hold almost the same stocks in almost the same amounts: 99.6% of their holdings overlap by weight. IVV is an ordinary open-end ETF and VOO a share class of Vanguard 500 Index Fund, which also sells mutual fund shares. Both charge 0.03% a year, $30 on every $100,000. IVV has $888.13B in assets and VOO $1.67T (all share classes); over the past 12 months IVV paid out 1.11% of its price and VOO 1.07%, both quarterly. Over the past year IVV returned +11.5% and VOO +12.4% with distributions reinvested; over five years, +11.8% and +12.0% a year. In the 2022 bear market IVV fell 24.5% at its worst and VOO 24.5%; both were back at their earlier highs 14 months after the low.

Key differences

	IVV	VOO
Fund	iShares Core S&P 500 ETF	Vanguard S&P 500 ETF
Issuer	iShares	Vanguard
Structure	Open-end ETF	ETF share class
Type	S&P 500	S&P 500
Launched	May 15, 2000	Sep 7, 2010
Expense ratio	0.03%	0.03%
Cost a year on $100,000	$30	$30
Net assets	$888.13B	$1.67T *
Holdings	504	506
Ten largest positions	36.4%	36.4%
Yield (12 months)	1.11%	1.07%
Pays	quarterly	quarterly
Portfolio turnover	3% a year	2% a year
Price data from	Jul 18, 2005	Jun 2, 2020

* VOO’s net assets are those of Vanguard 500 Index Fund, all share classes.

Holdings and overlap

Overlap by weight99.6%the share of each fund in holdings both own

Securities in common503IVV 504 · VOO 506 in all

Ten largest positions36.4% / 36.4%of assets, IVV / VOO

Overlap adds up, for every security both funds own, the smaller of its two weights: 100% would mean identical portfolios.

Largest holdings

Holding	IVV	VOO
NVIDIA Corp.	7.51%	7.51%
Apple, Inc.	6.58%	6.59%
Microsoft Corp.	4.29%	4.30%
Amazon.com, Inc.	3.61%	3.62%
Alphabet, Inc. Class A	3.25%	3.25%
Broadcom, Inc.	2.77%	2.77%
Alphabet, Inc. Class C	2.59%	2.59%
Micron Technology, Inc.	2.02%	2.02%
Meta Platforms, Inc.	1.92%	1.92%
Tesla, Inc.	1.83%	1.84%

No large holding differs by as much as half a percentage point between the two.

By sector

Sector	IVV	VOO	Difference
Technology	35.2%	35.2%	—
Financials	10.8%	10.6%	IVV +0.2
Communication services	9.3%	9.3%	—
Consumer discretionary	9.1%	9.1%	—
Health care	7.1%	7.1%	—
Industrials	6.8%	6.8%	—
Consumer staples	4.4%	4.4%	—
Energy	2.7%	2.7%	—
Utilities	1.9%	1.9%	—
Materials	1.3%	1.3%	—
Real estate	1.3%	1.3%	—

Sectors of the companies each fund holds that have a stock page here (90.7% of IVV, 90.6% of VOO). Source: N-PORT holdings reports as of Jun 30, 2026 for both funds.

Returns

IVV VOO · $10,000 in each on Jun 30, 2020, distributions reinvested.

$10,000 put into IVV on Jun 30, 2020 was worth $26,789 on Oct 30, 2026, and in VOO $26,780 (+16.8% and +16.8% a year). That is as far back as the price data for both goes.

	1 yr	3 yr	5 yr	10 yr
IVV price data to Nov 2, 2026	+11.5%	+22.0%	+11.8%	+15.5%
IVV official prospectus, to Dec 31, 2025	+17.85%	—	+14.39%	+14.78%
VOO price data to Oct 30, 2026	+12.4%	+23.6%	+12.0%	—
VOO official prospectus, to Dec 31, 2025	+17.84%	—	+14.38%	+14.78%

Multi-year figures are annualized total returns with distributions reinvested. "Official" rows are the SEC-standard returns from each fund's prospectus, to the end of the last calendar year; they reach back further where the price data starts late. IVV: Price data starts 2005-07-18, after the fund's launch on 2000-05-15; figures "since start" cover the available history only. VOO: Price data starts 2020-06-02, after the fund's launch on 2010-09-07; figures "since start" cover the available history only.

Calendar years

Year	IVV	VOO	Difference
2026	+11.2% *	+11.8% *	VOO +0.6
2025	+17.9%	+17.8%	—
2024	+24.9%	+25.0%	—
2023	+26.3%	+26.3%	—
2022	-18.2%	-18.2%	—
2021	+28.8%	+28.8%	—
2020	+18.4%	+18.35% †
2019	+31.3%	+31.46% †
2018	-4.5%	-4.42% †
2017	+21.8%	—

Total returns from price data; † from the fund’s prospectus where the price data starts later; * year to Oct 30, 2026.

Downturns and recovery

	IVV	VOO
2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009	−55.3% at the worst; back at its high 41 months after the low	Before it launched
2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020	−33.9% at the worst; back at its high 5 months after the low	Not in the price data (starts Jun 2, 2020)
2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022	−24.5% at the worst; back at its high 14 months after the low	−24.5% at the worst; back at its high 14 months after the low
Worst fall in the price data	−55.3% (Oct 9, 2007 – Mar 9, 2009)	−24.5% (Jan 3, 2022 – Oct 12, 2022)

The deepest drop from a high to a low during each stretch when stocks fell, and how long the fund took to get back to its earlier high, with distributions reinvested. The price data starts Jul 18, 2005 for IVV and Jun 2, 2020 for VOO.

Income

IVV yield (12 months)1.11%paid quarterly

VOO yield (12 months)1.07%paid quarterly

Year	IVV	VOO
2025	$136	$131
2024	$160	$153
2023	$180	$181
2022	$134	$136
2021	$152	$158

Distributions paid during each calendar year on $10,000 of shares bought at the previous year-end close, adjusted for share splits. Before taxes.

Costs

Both funds charge 0.03% a year. The fee comes out of each fund's assets, so it is already in the returns above.

Cost of $10,000 (SEC example)	1 yr	3 yrs	5 yrs	10 yrs
IVV	$3	$10	$17	$39
VOO	$3	$10	$17	$39

From each fund's prospectus: the total costs on $10,000 invested, at a 5% yearly return, with the shares sold at the end of each period.

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