IVV vs KNO
iShares Core S&P 500 ETF vs AXS Knowledge Leaders ETF
Which is better, IVV or KNO?
KNO has been ahead.
IVV has a lower expense ratio. KNO led over 1Y and the full window. KNO is less concentrated, with 36.0% of the fund in its ten largest positions against 37.8%.
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 | KNO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $876.4B | $43M |
| Dividend Yield | 1.06% | 0.85% |
| Holdings | 508 | 77 |
| YTD Return | +13.32% | +21.62%Best |
| 1Y Return | +17.08% | +26.43%Best |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.1%Best | 14.9% |
| Max Drawdown | -18.8% | -15.5%Best |
| $10,000 over 2.2 years | $14,294 | $14,622Best |
| Top 10 Weight | 37.8% | 36.0%Best |
| Fund Family | iShares by BlackRock (US) | Knowledge Leaders Capital, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jul 7, 2015 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 22, 2024 to Sep 23, 2026 (2.2 years).
IVV vs KNO 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 2.2 years both funds cover.
IVV vs KNO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AXS Knowledge Leaders ETF (KNO) is an ETF from Knowledge Leaders Capital, LLC. Over the past year IVV returned +17.08% while KNO returned +26.43%. Year to date, IVV is up 13.32% versus a gain of 21.62% for KNO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KNO has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 12.1% 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 -18.8% for IVV and -15.5% for KNO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while KNO charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.85% for KNO.
Holdings Overlap
15.7% of IVV's money is in holdings KNO also owns. 51.7% of KNO's money is in holdings IVV also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 490 positions we hold weights for in IVV and 70 in KNO, against full books of 508 and 77.
What only one of them owns
Our book lists 7 positions for KNO that do not appear in our book for IVV (6.6% of the fund), and 453 for IVV that do not appear in KNO (82.9%).
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 KNO | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.63% | 11.84% | 10.21% |
| MSFTMicrosoft Corp | 5.69% | 2.04% | 3.65% |
| GOOGAlphabet Inc | 2.39% | 1.35% | 1.04% |
| GRMNGarminltd. | 0.07% | 2.86% | 2.79% |
| COSTCostco Wholesale Corp. | 0.63% | 2.28% | 1.65% |
| TTTt Trane Technologies Plc | 0.15% | 2.68% | 2.53% |
| LHLabcorp Holdings Inc | 0.04% | 2.64% | 2.60% |
| VVisa Inc Class A | 0.95% | 1.49% | 0.54% |
| FIXComfort Systems USA Inc. | 0.08% | 2.14% | 2.06% |
| TMOThermo Fisherscientific Inc. | 0.35% | 1.54% | 1.19% |
51.7% of KNO 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 KNO?
IVV has an expense ratio of 0.03% while KNO charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or KNO?
Over the past year IVV returned +17.08% vs +26.43% for KNO, so KNO leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.63% vs +18.85% for KNO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KNO?
KNO has been the more volatile fund at 14.9% annualized versus 12.1% for IVV. Worst drawdown: IVV -18.8% vs KNO -15.5%.
Should I hold both IVV and KNO?
IVV and KNO have a monthly-return correlation of 0.64, 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 KNO?
51.7% of KNO's money is in holdings IVV also owns. 51.7% of KNO's is in holdings IVV also owns. They hold 29 positions in common, counted across the 490 positions we hold weights for in IVV and 70 in KNO.
Which pays a higher dividend, IVV or KNO?
IVV yields 1.06% while KNO yields 0.85%, so IVV currently pays the higher dividend yield.
Is KNO better than IVV?
IVV has a lower expense ratio. KNO led over 1Y and the full window. KNO is less concentrated, with 36.0% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.