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Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

IVV vs MRGR: how they differ

Over the year IVV returned more, +16.6% to MRGR's +8.1%, and IVV charges 0.03% to MRGR's 0.75%.

iShares Core S&P 500 ETF and ProShares Merger ETF.

IVV and MRGR on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
IVV
iShares Core S&P 500 ETF
MRGR
ProShares Merger ETF
Where it sitsCore fundAlternatives ETF
IssueriSharesProShares
What it isTracks the S&P 500Event driven
Total return, 1 year+16.6%+8.1%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 5000.0 pts−8.5 pts
Expense ratio0.03%0.75%
Holdings508not filed
Net assets$846.6bn$16m

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%.

MRGR in plain words

MRGR is an event driven 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 −0.02 with the S&P 500’s and a beta of −0.01, so for each 1% the index moved it moved about 0.01% the other way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks MRGR rose 0.19% on average, a down-week capture of −15.6%. Over the same 52 weeks MRGR returned +8.3% and a Treasury bill fund +3.6%, so it finished 4.7 percentage points ahead of cash.

Questions people ask

Which returned more over the last year, IVV or MRGR?
In the year to Sep 19, 2026, with distributions reinvested, IVV returned +16.6% and MRGR returned +8.1%, so IVV returned more.
Which is cheaper, IVV or MRGR?
IVV charges 0.03% a year and MRGR charges 0.75%, so IVV is cheaper. Fees come from each fund's prospectus.
Are IVV and MRGR the same kind of fund?
No. IVV is an index ETF and MRGR is an alternatives 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.

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

A comparison is not a recommendation. Standards and sources