Expense Ratio History

IVV vs VFIAX: fees

iShares Core S&P 500 ETF and Vanguard 500 Index Fund Admiral Shares both track the S&P 500. IVV is cheaper, at 0.03% against 0.04% for VFIAX.

IVV

iShares Core S&P 500 ETF

0.03%

Yearly cost per $10,000
$3
Fund company
iShares
Type
ETF
Read on
19 October 2026
Last change
0.04% to 0.03%, 1 Aug 2019

VFIAX

Vanguard 500 Index Fund Admiral Shares

0.04%

Yearly cost per $10,000
$4
Fund company
Vanguard
Type
Index mutual fund
Read on
19 October 2026
Last change
0.14% to 0.04%, 29 Apr 2022

What the difference costs

On $10,000 held for 10 years at a steady 5% return, VFIAX's fee costs about $51 and IVV's about $39, a difference of $13. The gap is 1 basis point a year, or $1 a year on every $10,000.

Fees are one fact among many. The two funds may differ in structure, minimums, tax treatment and tracking, and this site doesn't compare any of that. Each fund's page has its fee history and sources.

Fee history

IVV
IVV expense ratio: 0.09% until 17 Oct 2012, then 0.07%; 0.07% until 5 Oct 2016, then 0.04%; 0.04% until 1 Aug 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Aug 2011Mar 2014Oct 2016May 2019Dec 2021Jul 20240.09% before0.03% from 1 Aug 2019
IVV expense ratio: 0.09% until 17 Oct 2012, then 0.07%; 0.07% until 5 Oct 2016, then 0.04%; 0.04% until 1 Aug 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Aug 2011Sep 2016Oct 20210.09% before0.03% from 1 Aug 2019
VFIAX
VFIAX expense ratio: 0.04% until 29 Apr 2021, then 0.14%; 0.14% until 29 Apr 2022, then 0.04%; read at 0.04% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Apr 2017Dec 2018Aug 2020Apr 2022Dec 2023Aug 20250.04% before0.04% from 29 Apr 2022
VFIAX expense ratio: 0.04% until 29 Apr 2021, then 0.14%; 0.14% until 29 Apr 2022, then 0.04%; read at 0.04% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Apr 2017Jul 2020Oct 20230.04% before0.04% from 29 Apr 2022

All S&P 500 index funds we track

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