Are HEDG and IVV in the same category?

HEDG is an alternatives ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, HEDG or IVV?

In the year to Oct 27, 2026, with distributions reinvested, HEDG returned +9.4% and IVV +13.6%.

Which is cheaper, HEDG or IVV?

IVV is cheaper, by 0.93 percentage points a year. That is about $93 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 27, 2026.

Across categories

HEDG vs IVV: Differences, Returns & Fees

Over the year to Oct 27, 2026, HEDG returned +9.4% to IVV's +13.6%, and IVV charges 0.03% to HEDG's 0.96%.

askIQ about this page

askIQ about HEDG and IVV

Net assets: $427m on Jul 31, 2026 for Equable Shares Hedged Equity ETF, and $880.6bn on Oct 26, 2026 for iShares Core S&P 500 ETF.

HEDG on its own →IVV on its own →

At a glance

+9.4%

HEDG total return, 1 year

+13.6%

IVV total return, 1 year

0.96%

HEDG expense ratio

0.03%

IVV expense ratio

Pair scorecard

IVV costs 0.93 points a year less; their one-year returns differ by 4.2 points.

HEDG vs IVV: Differences, Returns & Fees
Measure	HEDG	IVV
Return
Measure	HEDG	IVV
Total return, 1 year	+9.4%	+13.6%
Total return, 52 weeks	+9.4%
Against its benchmark
Measure	HEDG	IVV
What it tracks	not published	S&P 500
Treasury bills, 52 weeks	+3.7%
Against cash	5.8 points ahead
Cost and size
Measure	HEDG	IVV
Expense ratio	0.96%	0.03%
Net assets, HEDG as of Jul 31, 2026 and IVV as of Oct 26, 2026	$427m	$880.6bn
Holdings
Measure	HEDG	IVV
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		37.9%
Risk
Measure	HEDG	IVV
Correlation with the S&P 500’s weekly returns	+0.85
Beta to the S&P 500	+0.28: about 0.28% for each 1%
Its average week when the S&P 500 fell	fell 0.21%
Down-week capture	19.4%
Weeks the S&P 500 fell	25 of 52, by 1.10% on average

Method

Side by side

HEDG Equable Shares Hedged Equity ETF IVV iShares Core S&P 500 ETF

Where it sits Alternatives ETF Stock ETF

Issuer Equable Shares iShares

What it is Hedged equity Tracks the S&P 500

Total return, 1 year +9.4% +13.6%

Its benchmark over the same days +13.6% (VOO) +13.5% (SPY)

Gap to its benchmark −4.2 pts vs VOO +0.1 pts vs SPY

Expense ratio 0.96% 0.03%

Holdings not read by ETFIQ 505

Net assets, HEDG as of Jul 31, 2026 and IVV as of Oct 26, 2026 $427m $880.6bn

HEDG and IVV on the fields both publish, as of Oct 27, 2026. Source: ETFIQ.

Alert

About each fund

HEDG

HEDG is a hedged equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Oct 27, 2026, its weekly returns had a correlation of +0.85 with the S&P 500’s and a beta of +0.28, so for each 1% the index moved it moved about 0.28% the same way. The S&P 500 fell in 25 of those 52 weeks, by 1.10% on average. In the same weeks HEDG fell 0.21% on average, a down-week capture of 19.4%. Over the same 52 weeks HEDG returned +9.4% and a Treasury bill fund +3.7%, so it finished 5.8 percentage points ahead of cash.

IVV

IVV tracks the S&P 500. Over the year to Oct 27, 2026 it returned +13.6% with distributions reinvested, against +13.5% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 26, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 37.9%.

Questions people ask

Are HEDG and IVV in the same category?: HEDG is an alternatives ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, HEDG or IVV?: In the year to Oct 27, 2026, with distributions reinvested, HEDG returned +9.4% and IVV +13.6%.
Which is cheaper, HEDG or IVV?: IVV is cheaper, by 0.93 percentage points a year. That is about $93 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HEDG vs VOO HEDG vs SPY HEDG vs QQQ HEDG vs TLT HOLA vs IVV IVV vs SHDG IVV vs TAIL IVV vs PHEQ

Where to next

BIL, the T-bill fund these are measured against →SPY, the S&P 500 fund these are measured against →HEDG on its own →IVV on its own →Hold both: look the portfolio through →Rankings →HEDG dividend history →IVV dividend history →IVV holdings →Standards and sources →

Sources and dates

HEDG filings on SEC EDGAR ↗

HEDG prospectus with the expense ratio (SEC) ↗

Equable Shares website ↗

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, HEDG against IVV, data as of Oct 27, 2026. https://etfiq.com/compare/any/hedg-vs-ivv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.