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

In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and VOE +22.8%.

Which is cheaper, IVV or VOE?

IVV is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IVV and VOE overlap with the S&P 500?

By their latest filed holdings, 100% of IVV and 96% of VOE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IVV vs VOE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to VOE's +22.8%; 10% of their weight is in the same names.

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Net assets: $885.1bn on Oct 27, 2026 for iShares Core S&P 500 ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.

IVV on its own →VOE on its own →

At a glance

+13.7%

IVV total return, 1 year

+22.8%

VOE total return, 1 year

0.03%

IVV expense ratio

0.05%

VOE expense ratio

Pair scorecard

IVV costs 0.02 points a year less; their one-year returns differ by 9.1 points; IVV is far larger, $881.3bn against $22.8bn.

IVV vs VOE: Differences, Returns & Fees
Measure	IVV	VOE
Return
Measure	IVV	VOE
Total return, 1 year	+13.7%	+22.8%
Benchmark
Measure	IVV	VOE
What it tracks	S&P 500	Morningstar US Mid Cap Value Index
Cost and size
Measure	IVV	VOE
Expense ratio	0.03%	0.05%
Net assets, as of Sep 30, 2026	$881.3bn	$22.8bn
Holdings
Measure	IVV	VOE
Holdings in common	10%
Top ten holdings, share of the fund	38.1%	14.0%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 1, 2006 to Oct 23, 2026 · 1,051 weekly returns

IVV VOE

Return

Total return edge IVV +743.9% +515.4%

Annualized edge IVV +11.1% +9.4%

Price return edge IVV +479.7% +301.7%

Risk

Volatility edge IVV 17.7% 20.4%

Max drawdown edge IVV −54.7% −61.2%

Risk-adjusted

Sharpe edge IVV 0.59 0.46

Sortino edge IVV 0.84 0.65

Calmar edge IVV 0.20 0.15

Reading

IVV returned more: +743.9% to +515.4%. IVV swung less: 17.7% to 20.4%. IVV fell less at its worst: −54.7% to −61.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IVV vs VOE: Differences, Returns & Fees
Measure	IVV	VOE	Edge	How it is measured
Return
Total return	+743.9%	+515.4%	IVV	Price change plus distributions, reinvested.
Annualized	+11.1%	+9.4%	IVV	Total return as a yearly rate.
Price return	+479.7%	+301.7%	IVV	Price change alone, distributions left out.
Risk
Volatility	17.7%	20.4%	IVV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.5%	14.5%	IVV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−54.7%	−61.2%	IVV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.59	0.46	IVV	Return above Treasury bills per unit of volatility.
Sortino	0.84	0.65	IVV	Return above Treasury bills per unit of downside deviation.
Calmar	0.20	0.15	IVV	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,051 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

10%

By the books each fund has filed, IVV and VOE hold 10% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first IVV VOE

MARATHON PETROLEUM 0.18% 1.89%

NEWMONT 0.18% 1.03%

VALERO ENERGY CORP 0.17% 1.90%

PHILLIPS 66 0.16% 1.73%

JOHNSON CONTROLS INTERNATIONAL PLC 0.14% 0.77%

WILLIAMS 0.14% 0.71%

TRAVELERS COMPANIES 0.12% 0.63%

HEWLETT PACKARD ENTERPRISE 0.12% 1.37%

SLB 0.12% 1.23%

REGENERON PHARMACEUTICALS 0.12% 0.65%

MODERNA 0.12% 0.59%

NORFOLK SOUTHERN CORP 0.12% 0.59%

Only in one fund ↓

Only in IVV

NVIDIA 7.92%

APPLE 7.61%

MICROSOFT 5.93%

AMAZON.COM INC 3.73%

ALPHABET CLASS A 2.83%

BROADCOM INC 2.45%

ALPHABET CLASS C 2.26%

META PLATFORMS CLASS A 2.05%

Only in VOE

Warner Bros Discovery Inc 1.25%

Strategy Inc 0.95%

Cheniere Energy Inc 0.94%

Corteva Inc 0.88%

Sunbelt Rentals Holdings Inc 0.51%

Zoom Communications Inc 0.41%

Medline Inc 0.34%

MKTLIQ 0.33%

Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 ETF VOE Vanguard Morningstar Mid-Cap Value ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks the S&P 500 Tracks an index of Mid-Cap Value

Total return, 1 year +13.7% +22.8%

Its benchmark over the same days +13.6% (SPY) not measured

Gap to its benchmark +0.1 pts vs SPY not measured

Expense ratio 0.03% 0.05%

Already in the S&P 500 99.8% 96.0%

Holdings 505 169

Net assets, IVV as of Oct 27, 2026 and VOE as of Sep 30, 2026 $885.1bn $22.8bn

IVV and VOE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-0212464707

IVV and VOE do different jobs. What does each one do in a portfolio?

What each follows. IVV follows S&P 500 and VOE follows Morningstar US Mid Cap Value Index.
Holdings in common. 10% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IVV returned +13.7% and VOE +22.8% with distributions reinvested, a gap of 9.1 points.

Data as of Oct 28, 2026.

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About each fund

IVV

IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% 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 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Which returned more over the last year, IVV or VOE?: In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and VOE +22.8%.
Which is cheaper, IVV or VOE?: IVV is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and VOE overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 96% of VOE by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs RSP IVV vs SDY IVV vs NOBL DVY vs IVV SPY vs VOE VOE vs VOO VOE vs VTI RDVY vs VOE

Where to next

IVV on its own →VOE on its own →Hold both: look the portfolio through →Rankings →IVV dividend history →IVV holdings →VOE dividend history →VOE holdings →Standards and sources →

Sources and dates

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

VOE filings on SEC EDGAR ↗

VOE prospectus with the expense ratio (SEC) ↗

Vanguard page for VOE ↗

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

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IVV against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-voe

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