VOO vs. IVV: Returns, Risk and $10,000 Compared

VOO vs. IVV Calculator

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What would $10,000 in VOO vs. IVV be worth?

Invested	VOO	IVV	VOO per year	IVV per year
1 year	$11,129	$11,127	+11.3%	+11.3%
3 years	$17,125	$17,126	+19.6%	+19.6%
5 years	$17,693	$17,697	+12.1%	+12.1%
10 years	$40,193	$40,181	+14.9%	+14.9%
15 years	$78,914	$78,755	+14.8%	+14.7%

VOO vs. IVV returns by year

Year	VOO	IVV	Ahead
2026 (so far)	+11.2%	+11.2%	Even
2025	+17.8%	+17.8%	Even
2024	+25.0%	+24.9%	VOO
2023	+26.3%	+26.3%	Even
2022	-18.2%	-18.2%	Even
2021	+28.8%	+28.8%	Even
2020	+18.3%	+18.4%	IVV
2019	+31.4%	+31.1%	VOO
2018	-4.5%	-4.5%	Even
2017	+21.8%	+21.8%	Even
2016	+12.2%	+12.2%	Even
2015	+1.3%	+1.3%	Even
2014	+13.5%	+13.6%	IVV
2013	+32.4%	+32.3%	VOO
2012	+16.0%	+16.1%	IVV

Prices run through 2026-11-02, with dividends reinvested.

Which has returned more, VOO or IVV?

Over the last 10 years, VOO and IVV returned almost the same: 14.9% and 14.9% a year, with dividends reinvested. So $10,000 in VOO would be worth about $40,193 now, against $40,181 in IVV. Over 15 years, the longest stretch both have prices for, the yearly figures are 14.8% for VOO and 14.7% for IVV. We use month-end prices through November 2026, adjusted for splits and dividends, before taxes and fees.

The ride matters as much as the result. VOO's monthly returns swung about 14.0% a year, measured as annualized standard deviation, against 14.0% for IVV, so the two have been about equally bumpy. VOO's largest fall from a high was 23.9%, from December 2021 to September 2022. IVV's was 23.9%, from December 2021 to September 2022.

Year by year, VOO beat IVV in 9 of 15 full calendar years. VOO's best year was 2013, at 32.4%, and IVV's was 2013, at 32.3%. Both had their worst year in 2022, when VOO returned -18.2% and IVV returned -18.2%. Month to month, they moved almost in lockstep, with a correlation of 1.00. Holding both adds little variety, because they rise and fall together.

Buying a little each month narrows the gap from timing. Putting $100 a month into each for the last 10 years would have cost $12,000 and be worth about $26,442 in VOO and $26,432 in IVV. These results are historical and hypothetical, and past performance doesn't indicate future results. A fund spreads your money across its holdings, but it still falls when they fall, as the drops above show. See each on its own on our VOO calculator and IVV calculator.

How we compare VOO and IVV

We line up both histories by month, starting October 2010, the first month both have prices. The calculator above runs any amount and period for VOO, and shows the same money in IVV beside it. Price data from Alpha Vantage.

Frequently Asked Questions

Is VOO or IVV better?

Neither is better for everyone. Their returns have been nearly identical, 14.9% and 14.9% a year over 10 years, so small differences like fees and how easily you can buy each may decide it. Consider what you already own, how long you'll stay invested and how you'd handle a large drop. Nothing here is investment advice.

What is the 10-year return of VOO vs. IVV?

Over the last 10 years, VOO returned 14.9% a year and IVV returned 14.9% a year, with dividends reinvested. That's a total return of 301.9% for VOO and 301.8% for IVV. The table above shows other periods, and the calculator runs any dates you choose.

How much would $10,000 in VOO vs. IVV be worth today?

Invested 15 years ago, $10,000 would be worth about $78,914 in VOO and $78,755 in IVV, as of November 2026. Over 10 years, it's $40,193 and $40,181. These assume dividends were reinvested, and leave out taxes and fees.

Which is riskier, VOO or IVV?

By how much each swung, they've been about equally risky: about 14.0% a year against 14.0%. IVV has had the deeper fall, 23.9% from its high, measured at month ends. Higher swings mean a wider range of outcomes, so the dates you buy and sell matter more.

How did VOO and IVV do in their worst years?

Both had their worst full calendar year in 2022. VOO returned -18.2% and IVV returned -18.2%. Bad years tend to arrive together for investments that move almost in lockstep.

How often has VOO beaten IVV?

VOO came out ahead in 9 of 15 full calendar years, or 60% of the time, and IVV in the rest. So far in 2026, through November 2026, VOO is up 11.2% and IVV is up 11.2%. Leadership often changes from year to year, which is hard to predict ahead of time.

Should I invest in both VOO and IVV?

It depends on how much they overlap. Their monthly returns have a correlation of 1.00, where 1 means they move exactly together. At that level, owning both is close to owning more of one, so it adds little spread. Check what each holds before splitting your money.

What if I invested $100 a month in VOO or IVV?

Over the last 10 years, $100 at each month end would have cost $12,000 and be worth about $26,442 in VOO and $26,432 in IVV, with dividends reinvested. Monthly buying spreads your entry prices, so the result depends less on one lucky or unlucky start date. Use the Buying option above to test it.

Are VOO and IVV the same kind of investment?

They're both ETFs. Vanguard S&P 500 ETF trades as VOO, and iShares Core S&P 500 ETF trades as IVV. Their returns track each other closely, so they likely hold many of the same companies. Read each one's prospectus or annual report for fees and holdings, which we don't cover here.

Do these returns include dividends?

Yes. We use prices adjusted for splits and dividends, which assumes every dividend was reinvested. That matters most when one pays out more than the other, because a plain price chart would understate its return. Our figures leave out brokerage fees and the tax you'd owe on dividends in a regular account.

How are gains on VOO and IVV taxed?

In a taxable US account, you owe capital gains tax when you sell at a profit, at long-term rates of 0%, 15% or 20% if you held for more than a year. Dividends are usually taxed in the year you receive them. In a Roth IRA or 401(k), different rules apply. Check IRS guidance or ask a tax professional about your situation.