IGV vs IVV
iShares Expanded Tech-Software Sector ETF vs iShares Core S&P 500 ETF
Which is better, IGV or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IGV led over the full window, IVV over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IGV | IVV |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $14.9B | $886.7B |
| Dividend Yield | 0.02% | 1.10% |
| Holdings | 113 | 508 |
| YTD Return | +4.22% | +13.86%Best |
| 1Y Return | -0.34% | +21.57%Best |
| 3Y Return (annualized) | +13.76% | +21.48%Best |
| 5Y Return (annualized) | +4.55% | +12.88%Best |
| Volatility (annualized) | 23.9% | 14.9%Best |
| Max Drawdown | -63.5% | -56.5%Best |
| $10,000 over 5 years | $12,492 | $18,327Best |
| Top 10 Weight | 61.1% | 37.9%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 10, 2001 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2001 to Sep 3, 2026 (25.1 years).
IGV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 25.1 years both funds cover.
IGV vs IVV Performance
iShares Expanded Tech-Software Sector ETF (IGV) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IGV returned -0.34% while IVV returned +21.57%. Year to date, IGV is up 4.22% versus a gain of 13.86% for IVV.
Over three years, IGV compounded at +13.76% per year against +21.48% for IVV; over five years the annualized figures are +4.55% and +12.88% respectively. Across the full 25-year window we track, IGV has the edge at +9.84% annualized vs +7.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGV has been the more volatile fund, with annualized monthly volatility of 23.9% compared with 14.9% 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 -63.5% for IGV and -56.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGV charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, IGV currently yields 0.02% against 1.10% for IVV.
Holdings Overlap
81.5% of IGV's money is in holdings IVV also owns. 9.1% of IVV's money is in holdings IGV also owns.
Most of IGV is already inside IVV. Owning both mostly buys the same companies twice.
24 positions in common, counted across the 107 positions we hold weights for in IGV and 505 in IVV, against full books of 113 and 508.
What only one of them owns
Our book lists 473 positions for IVV that do not appear in our book for IGV (90.2% of the fund), and 80 for IGV that do not appear in IVV (16.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IGV | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 9.42% | 5.44% | 3.98% |
| PANWPalo Alto Networks, Inc | 9.85% | 0.44% | 9.41% |
| PLTRPalantir Technologies Inc | 9.34% | 0.55% | 8.79% |
| CRWDCrowdstrike Holdings Inc. Class A | 7.15% | 0.32% | 6.83% |
| ORCLOracle Corp - Common | 5.51% | 0.37% | 5.14% |
| CRMSalesforce Inc Crm Us Equity | 5.28% | 0.24% | 5.04% |
| NOWServicenow, Inc | 4.08% | 0.18% | 3.90% |
| ADBEAdobe Systems | 3.54% | 0.16% | 3.38% |
| APPAppLovin Corp. Com Cl A | 3.44% | 0.17% | 3.27% |
| FTNTFortinet Inc | 3.45% | 0.15% | 3.30% |
81.5% of IGV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IGV or IVV?
IGV has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IGV or IVV?
Over the past year IGV returned -0.34% vs +21.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (25 years), IGV annualized +9.84% vs +7.97% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGV or IVV?
IGV has been the more volatile fund at 23.9% annualized versus 14.9% for IVV. Worst drawdown: IGV -63.5% vs IVV -56.5%.
Should I hold both IGV and IVV?
IGV and IVV have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IGV and IVV?
81.5% of IGV's money is in holdings IVV also owns. 9.1% of IVV's is in holdings IGV also owns. They hold 24 positions in common, counted across the 107 positions we hold weights for in IGV and 505 in IVV.
Which pays a higher dividend, IGV or IVV?
IGV yields 0.02% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than IGV?
IVV has a lower expense ratio. IGV led over the full window, IVV over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.