IVV Outperformed VOO by 10 Basis Points Last Year Due to Structural Differences
The iShares Core S&P 500 ETF (IVV) outperformed the Vanguard 500 Index Fund ETF (VOO) by 10 basis points over the past year due to structural differences, including tighter spreads and securities lending revenue. While both funds track the same index with identical expense ratios of 0.03%, IVV's structure as a standalone ETF provided better returns in taxable accounts.
Topics: dividend timing IVV S&P 500 ETFs securities lending VOO