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Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

EHLS vs IVV: how they differ

Over the year IVV returned more, +16.6% to EHLS's +11.3%, and IVV charges 0.03% to EHLS's 3.35%.

Even Herd Long Short ETF and iShares Core S&P 500 ETF.

EHLS and IVV on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
EHLS
Even Herd Long Short ETF
IVV
iShares Core S&P 500 ETF
Where it sitsAlternatives ETFCore fund
IssuerEven HerdiShares
What it isLong-short equityTracks the S&P 500
Total return, 1 year+11.3%+16.6%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−5.3 pts0.0 pts
Expense ratio3.35%0.03%
Holdingsnot filed508
Net assets$61m$846.6bn

EHLS in plain words

EHLS is a long-short equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.55 with the S&P 500’s and a beta of +0.58, so for each 1% the index moved it moved about 0.58% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks EHLS fell 0.47% on average, a down-week capture of 38.3%. Over the same 52 weeks EHLS returned +9.8% and a Treasury bill fund +3.6%, so it finished 6.2 percentage points ahead of cash.

IVV in plain words

IVV tracks the S&P 500. Over the year to Sep 18, 2026 it returned +16.6% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Sep 18, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 38.5%.

Questions people ask

Which returned more over the last year, EHLS or IVV?
In the year to Sep 19, 2026, with distributions reinvested, EHLS returned +11.3% and IVV returned +16.6%, so IVV returned more.
Which is cheaper, EHLS or IVV?
EHLS charges 3.35% a year and IVV charges 0.03%, so IVV is cheaper. Fees come from each fund's prospectus.
Are EHLS and IVV the same kind of fund?
No. EHLS is an alternatives ETF and IVV is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EHLS against IVV, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EHLS against IVV, data as of Sep 19, 2026. https://etfiq.com/compare/any/ehls-vs-ivv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources