Dividend comparison
VT vs IVV: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Vanguard Total World Stock ETF and iShares Core S&P 500 ETF, side by side. Updated October 21, 2026.
- Fees. IVV is cheaper at 0.03% a year versus 0.06% for VT. On $10,000 that is $3 a year less in fees.
- Income. VT pays more income, yielding 1.53% over the last twelve months versus 1.09% for IVV. That is about $44 more a year on $10,000. VT pays annual, IVV pays quarterly.
- Performance. Over the last 5 years, IVV returned 80.1% versus 60.7% for VT, with dividends reinvested. $10,000 would have grown to $18,014 in IVV and $16,069 in VT.
- Risk. Their worst declines over the last 5 years were similar: -26.4% for VT and -24.5% for IVV from peak to trough.
- Diversification. VT holds 9,773 positions and IVV holds 504. The ten largest positions make up 22.3% of VT and 38.6% of IVV.
- Overlap. At least 39% of the two portfolios overlap by weight, across 71 shared holdings.
- Dividend growth. IVV grew its yearly payout 8.8% a year over the last 4 years, versus 7.1% for VT.
- Size. IVV is the larger fund with $883.7 billion in assets, against $101.2 billion for VT.
Bottom line: VT fits better if you care most about more income today and broader diversification. IVV fits better if you care most about lower fees, stronger 5-year returns and faster dividend growth.
| Metric | VT Vanguard Total World Stock ETF | IVV iShares Core S&P 500 ETF |
|---|---|---|
| Dividend yield (TTM) | 1.53% | 1.09% |
| Dividend / share (TTM) | $2.41 | $8.40 |
| Payout frequency | Annual | Quarterly |
| Last dividend | $0.4084 on Sep 22, 2026 | $2.2026 on Sep 18, 2026 |
| Ex-dividend date | Sep 18, 2026 | Sep 15, 2026 |
| Dividend growth (CAGR) | 7.1% over 4 yrs | 8.8% over 4 yrs |
| Price | $157.80 | $772.35 |
| Dividend growth streak | — | 4 years |
| Beta | 0.93 | 1.00 |
| Max drawdown (5Y) | -26.4% | -24.5% |
| Market cap | $101.30B | $880.18B |
| Exchange | AMEX | AMEX |
| Expense ratio | 0.06% | 0.03% |
| Assets under management | $101.20B | $883.68B |
| Number of holdings | 9773 | 504 |
| Top 10 concentration | 22.3% | 38.6% |
VT
$12.75/mo
$153 /yr at 1.53% yield
IVV
$9.06/mo
$109 /yr at 1.09% yield
| Year | VT | IVV |
|---|---|---|
| 2025 | $2.5732 | $8.0399 |
| 2024 | $2.2939 | $7.6453 |
| 2023 | $2.1419 | $6.8988 |
| 2022 | $1.8957 | $6.3933 |
| 2021 | $1.9550 | $5.7272 |
Current income is low and outside your control, so these need pairing with something else if the portfolio has to produce cash today.
What VT vs IVV actually do
It tracks the FTSE Global All Cap Index at market-cap weights, so US companies make up the majority of the fund simply because they are the majority of world market value, with the remainder spread across developed international and emerging markets. Weights shift as those markets grow or shrink relative to each other, so the allocation decision is made by the market rather than by you. Holding non-US companies brings currency exposure and foreign withholding tax, and the headline yield is usually a little higher than a US-only fund because many international companies pay out more of their earnings.
Suits an investor who wants a single, permanently self-rebalancing global equity holding and no home-country judgment call. Not for someone who wants to control their US weighting deliberately, and not an income fund.
Core holding, global
It holds the full index at market-cap weights and, like VOO, is structured as an open-end fund, so it can reinvest income internally and lend out securities. Differences against the other S&P 500 trackers come down to fee, share price, spread and where the fund trades commission-free, not to what is inside it. Tracking difference between the cheap S&P 500 funds is small enough that platform and tax considerations usually decide the choice.
Suits an investor who wants core S&P 500 exposure and already holds other iShares funds or trades on a platform where iShares is cheapest. There is no income case for it beyond the index's own dividends.
Core holding
| Period | VT | IVV |
|---|---|---|
| 1 month | -0.47% | 0.97% |
| 3 months | 1.95% | 3.43% |
| Year to date | 11.87% | 12.76% |
| 1 year | 13.16% | 14.49% |
| 3 years | 80.78% | 87.50% |
| 5 years | 60.69% | 80.14% |
- VT
- IVV
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
- VT
- IVV
| Largest shared holdings | VT weight | IVV weight |
|---|---|---|
| NVDANVIDIA Corp | 4.52% | 7.91% |
| AAPLApple Inc | 4.08% | 7.54% |
| MSFTMicrosoft Corp | 3.23% | 5.97% |
| AMZNAmazon.com Inc | 2.05% | 3.88% |
| GOOGLAlphabet Inc | 1.72% | 3.04% |
| AVGOBroadcom Inc | 1.39% | 2.40% |
| METAMeta Platforms Inc | 1.35% | 2.34% |
| GOOGAlphabet Inc | 1.35% | 2.44% |
| MUMicron Technology Inc | 1.02% | 1.54% |
| TSLATesla Inc | 0.88% | 1.56% |
VT9773 holdings total
Quick verdict
VT fits better if you care most about more income today and broader diversification. IVV fits better if you care most about lower fees, stronger 5-year returns and faster dividend growth. Model the holding inside your real portfolio before deciding.
Frequently asked questions
Is VT or IVV better for dividend income?
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Which is cheaper, VT or IVV?
Which has performed better, VT or IVV?
Which is riskier, VT or IVV?
How much do VT and IVV overlap?
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.