Both funds track the S&P 500 with matching expense ratios, though IVV provides a slightly higher dividend yield and longer track record.
The iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) provide near-identical exposure to the S&P 500, each charging a 0.03% expense ratio. Both funds hold over 500 stocks, with technology comprising roughly 36% of assets, followed by financial services and communication services. Top holdings include Nvidia, Apple, and Microsoft for both ETFs.
IVV launched in 2000, offering a longer operating history than VOO, which debuted in 2010. Performance metrics, including beta and one-year returns, are closely aligned, though IVV delivers a marginally higher dividend yield. Sector allocations and risk profiles remain nearly indistinguishable between the two funds.
For investors, the choice hinges on minor differences in dividend yield and fund inception date, as cost and core holdings are effectively identical.