HRTS vs IVV
Tema Heart & Health ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. HRTS delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HRTS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $55M | $865.2B | |
| Dividend Yield | 1.30% | 1.09% | |
| Holdings | 45 | 508 | |
| YTD Return | +5.84% | +14.50% | |
| 1Y Return | +32.87% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 17.5% | 15.1% | |
| Max Drawdown | -24.7% | -56.5% | |
| Fund Family | Tema Global Limited | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 20, 2023 | May 15, 2000 |
HRTS vs IVV Performance
Tema Heart & Health ETF (HRTS) is a ETF from Tema Global Limited and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HRTS returned +32.87% while IVV returned +22.02%. Year to date, HRTS is up 5.84% versus a gain of 14.50% for IVV.
Risk: Volatility and Drawdowns
HRTS has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.7% for HRTS and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HRTS charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, HRTS currently yields 1.30% against 1.09% for IVV.
Holdings Overlap
HRTS and IVV share 21 holdings out of 528 unique holdings combined, representing a 6.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HRTS or IVV?
HRTS has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, HRTS or IVV?
Over the past year HRTS returned +32.87% vs +22.02% for IVV, so HRTS leads on 1-year performance. Over the longest common window we track (3 years), HRTS annualized +15.10% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, HRTS or IVV?
HRTS has been the more volatile fund at 17.5% annualized versus 15.1% for IVV. Worst drawdown: HRTS -24.7% vs IVV -56.5%.
Should I hold both HRTS and IVV?
HRTS and IVV have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HRTS and IVV?
HRTS and IVV share 21 common holdings with a 6.8% weight overlap. Combined, they hold 528 unique securities.
Which pays a higher dividend, HRTS or IVV?
HRTS yields 1.30% while IVV yields 1.09%, so HRTS currently pays the higher dividend yield.
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