Voo stock and the iShares Core S&P 500 ETF both give investors the same basic exposure: the S&P 500 index. For most buyers, the choice between VOO and IVV will not change fees, risk or long-term investment results in any meaningful way.
Both funds charge an expense ratio of 0.03%. VOO, the Vanguard S&P 500 ETF, holds just over 500 stocks and has around $1.6 trillion in assets under management. IVV, the iShares Core S&P 500 ETF, was launched in 2000 and has about $798 billion in assets. IVV also offers a marginally higher dividend yield, while VOO has the edge for investors who want to buy or sell large amounts at a time.
That is why the comparison comes down to fine print rather than strategy. VOO was launched in 2010, and its portfolio is led by technology at about 36% of assets, with financial services at 12% and communication services at 11%. Its top holdings include Nvidia, Apple and Microsoft. Those details matter, but they do not make VOO fundamentally different from IVV because both funds are built to mirror the same benchmark.
The two ETFs have virtually identical max drawdowns and nearly the same one- and five-year total returns, making them foundational building blocks for long-term portfolios rather than tools for different market bets. Broker preferences, assets under management and dividend yield are likely to be the deciding factors for investors trying to choose between them. Katie Brockman has positions in Vanguard S&P 500 ETF.
For anyone weighing Voo stock against IVV today, the real answer is that the decision is mostly about convenience, scale and trading habits. If an investor is looking for the smallest possible difference in an S&P 500 fund, these two are close enough that the practical gap is narrow.
