VOO vs. IVV
Two near-identical S&P 500 funds from two different issuers — what actually distinguishes them?
At a glance
| Ticker | Fund | Issuer | Index tracked | Expense ratio |
|---|---|---|---|---|
| VOO | Vanguard S&P 500 ETF | Vanguard | S&P 500 | 0.03% |
| IVV | iShares Core S&P 500 ETF | BlackRock (iShares) | S&P 500 | 0.03% |
Data last verified: pending verification
Same index, same low cost, different issuer
IVV tracks the identical s&p 500 index as voo, from a different fund issuer. Unlike the VOO-vs-SPY comparison, there’s no meaningful structural or cost difference here — both are modern, open-end ETFs with historically similar expense ratios tracking the exact same index.
Which should you choose?
This is one of the few comparisons where the honest answer is: it mostly doesn’t matter. Pick whichever is commission-free at your broker, or whichever fund family you already prefer to consolidate around. Some investors deliberately hold both as a tax-loss harvesting pair, since they’re similar enough in exposure but distinct enough as securities to avoid wash-sale rules.
Project your investment with the VOO calculator — the results are a close approximation for IVV as well, given the identical underlying index.
More comparisons
- VOO vs. SPY — same index, but a real cost and structure difference
- VOO vs. VTI — large-cap only vs. the total U.S. stock market
Frequently asked questions
This calculator provides hypothetical estimates for educational purposes only and is not financial, tax, or investment advice. Past performance does not guarantee future results. voocalculator.app is not affiliated with, endorsed by, or sponsored by The Vanguard Group. VOO is a trademark of its respective owner. See our full disclaimer.