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

In the year to Sep 19, 2026, with distributions reinvested, ISMF returned +18.5% and IVV returned +16.6%, so ISMF returned more.

Which is cheaper, ISMF or IVV?

ISMF charges 0.80% a year and IVV charges 0.03%, so IVV is cheaper. Fees come from each fund's prospectus.

Are ISMF and IVV the same kind of fund?

No. ISMF 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.

Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

ISMF vs IVV: how they differ

Over the year ISMF returned more, +18.5% to IVV's +16.6%, and IVV charges 0.03% to ISMF's 0.80%.

iShares Managed Futures Active ETF and iShares Core S&P 500 ETF.

ISMF and IVV on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
	ISMF iShares Managed Futures Active ETF	IVV iShares Core S&P 500 ETF
Where it sits	Alternatives ETF	Core fund
Issuer	iShares	iShares
What it is	Managed futures	Tracks the S&P 500
Total return, 1 year	+18.5%	+16.6%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	+2.0 pts	0.0 pts
Expense ratio	0.80%	0.03%
Holdings	not filed	508
Net assets	$66m	$846.6bn

ISMF in plain words

ISMF is a managed futures 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 +0.32 with the S&P 500’s and a beta of +0.18, so for each 1% the index moved it moved about 0.18% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks ISMF rose 0.10% on average, a down-week capture of −7.8%. Over the same 52 weeks ISMF returned +17.9% and a Treasury bill fund +3.6%, so it finished 14.3 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, ISMF or IVV?: In the year to Sep 19, 2026, with distributions reinvested, ISMF returned +18.5% and IVV returned +16.6%, so ISMF returned more.
Which is cheaper, ISMF or IVV?: ISMF charges 0.80% a year and IVV charges 0.03%, so IVV is cheaper. Fees come from each fund's prospectus.
Are ISMF and IVV the same kind of fund?: No. ISMF 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.

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

A comparison is not a recommendation. Standards and sources