IVEP vs SPY

IVEP vs SPY

Which is better, IVEP or SPY?

SPY costs less.

SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 41.8%.

Lower Fees: SPYLess Concentrated: SPY

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

MetricIVEPSPY
Expense Ratio0.75%0.09%Best
AUM$18M$804.7B
Dividend Yield0.00%0.98%
Holdings31505
YTD Return-2.50%+12.09%Best
1Y Return-+16.29%
3Y Return (annualized)-+21.20%
5Y Return (annualized)-+13.37%
Top 10 Weight41.8%37.8%Best
Fund FamilyWedbush FundsState Street Investment Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionApr 8, 2026Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.

IVEP vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

IVEP vs SPY Performance

Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP) is an ETF from Wedbush Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, IVEP is down 2.50% versus a gain of 12.09% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

IVEP charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, IVEP currently yields 0.00% against 0.98% for SPY.

Holdings Overlap

IVEP already in SPY66.1%
SPY already in IVEP2.5%

66.1% of IVEP's money is in holdings SPY also owns. 2.5% of SPY's money is in holdings IVEP also owns.

The two portfolios partly overlap.

18 positions in common, counted across the 31 positions we hold weights for in IVEP and 504 in SPY, against full books of 31 and 505.

What only one of them owns

Our book lists 479 positions for SPY that do not appear in our book for IVEP (96.9% of the fund), and 8 for IVEP that do not appear in SPY (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

StockWeight in IVEPWeight in SPYDifference
CEGConstellation Energy Corporation Com4.61%0.14%4.47%
ETNEaton Corp Plc4.15%0.23%3.92%
NEENextera Energy Inc4.09%0.26%3.83%
EQIXEquinix Inc. Real Estate Investment Trust4.08%0.15%3.93%
WMBWilliams Cos. Inc.4.08%0.14%3.94%
BKRBaker Hughes Co4.06%0.10%3.96%
SOSouthern Co.3.92%0.15%3.77%
JCIJohnson Controls Intl Plc3.92%0.13%3.79%
GEVGe Vernova, Inc.3.68%0.37%3.31%
PWRQuanta Services Inc3.84%0.14%3.70%

66.1% of IVEP is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

IVEPSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IVEP or SPY?

IVEP has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.

What is the holdings overlap between IVEP and SPY?

66.1% of IVEP's money is in holdings SPY also owns. 2.5% of SPY's is in holdings IVEP also owns. They hold 18 positions in common, counted across the 31 positions we hold weights for in IVEP and 504 in SPY.

Which pays a higher dividend, IVEP or SPY?

IVEP yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than IVEP?

SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.