IVV vs KNCT
iShares Core S&P 500 ETF vs Invesco Next Gen Connectivity ETF
Which is better, IVV or KNCT?
KNCT has been ahead.
IVV has a lower expense ratio. KNCT led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 57.0%.
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 | IVV | KNCT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $876.4B | $160M |
| Dividend Yield | 1.06% | 0.65% |
| Holdings | 508 | 116 |
| YTD Return | +12.51% | +47.55%Best |
| 1Y Return | +17.57% | +62.39%Best |
| 3Y Return (annualized) | +21.27% | +37.70%Best |
| 5Y Return (annualized) | +12.95% | +17.57%Best |
| Volatility (annualized) | 15.0%Best | 22.3% |
| Max Drawdown | -56.5%Best | -57.2% |
| $10,000 over 5 years | $18,384 | $22,464Best |
| Top 10 Weight | 37.9%Best | 57.0% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 23, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2005 to Sep 11, 2026 (21.2 years).
IVV vs KNCT 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 21.2 years both funds cover.
IVV vs KNCT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Next Gen Connectivity ETF (KNCT) is an ETF from Invesco (US). Over the past year IVV returned +17.57% while KNCT returned +62.39%. Year to date, IVV is up 12.51% versus a gain of 47.55% for KNCT.
Over three years, IVV compounded at +21.27% per year against +37.70% for KNCT; over five years the annualized figures are +12.95% and +17.57% respectively. Across the full 21-year window we track, KNCT has the edge at +13.28% annualized vs +9.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KNCT has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 15.0% 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 -56.5% for IVV and -57.2% for KNCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while KNCT charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.65% for KNCT.
Holdings Overlap
17.8% of IVV's money is in holdings KNCT also owns. 64.8% of KNCT's money is in holdings IVV also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 505 positions we hold weights for in IVV and 100 in KNCT, against full books of 508 and 116.
What only one of them owns
Our book lists 25 positions for KNCT that do not appear in our book for IVV (12.3% of the fund), and 457 for IVV that do not appear in KNCT (81.5%).
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 IVV | Weight in KNCT | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.86% | 8.67% | 1.81% |
| AVGOBroadcom Inc | 2.98% | 8.60% | 5.62% |
| MUMicron Technology, Inc. | 1.51% | 7.04% | 5.53% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 4.52% | 3.80% |
| INTCIntel Corp. | 0.72% | 3.70% | 2.98% |
| PANWPalo Alto Networks Inc. | 0.44% | 3.10% | 2.66% |
| ANETArista Networks Inc. | 0.31% | 2.30% | 1.99% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 2.27% | 1.95% |
| VZVerizon Communications, Inc. | 0.29% | 2.17% | 1.88% |
| MRVLMarvell Technology Group Ltd | 0.28% | 1.87% | 1.59% |
64.8% of KNCT 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, IVV or KNCT?
IVV has an expense ratio of 0.03% while KNCT charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or KNCT?
Over the past year IVV returned +17.57% vs +62.39% for KNCT, so KNCT leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.54% vs +13.28% for KNCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KNCT?
KNCT has been the more volatile fund at 22.3% annualized versus 15.0% for IVV. Worst drawdown: IVV -56.5% vs KNCT -57.2%.
Should I hold both IVV and KNCT?
IVV and KNCT have a monthly-return correlation of 0.79, 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 IVV and KNCT?
64.8% of KNCT's money is in holdings IVV also owns. 64.8% of KNCT's is in holdings IVV also owns. They hold 38 positions in common, counted across the 505 positions we hold weights for in IVV and 100 in KNCT.
Which pays a higher dividend, IVV or KNCT?
IVV yields 1.06% while KNCT yields 0.65%, so IVV currently pays the higher dividend yield.
Is KNCT better than IVV?
IVV has a lower expense ratio. KNCT led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.