IVV vs KRE
iShares Core S&P 500 ETF vs State Street SPDR S&P Regional Banking ETF
Which is better, IVV or KRE?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, KRE over 3Y. KRE is less concentrated, with 13.9% of the fund in its ten largest positions against 37.9%.
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 | KRE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $4.1B |
| Dividend Yield | 1.06% | 2.17% |
| Holdings | 508 | 161 |
| YTD Return | +11.57% | +14.46%Best |
| 1Y Return | +17.57%Best | +16.46% |
| 3Y Return (annualized) | +20.71% | +22.61%Best |
| 5Y Return (annualized) | +12.80%Best | +5.74% |
| Volatility (annualized) | 15.3%Best | 26.4% |
| Max Drawdown | -56.5%Best | -71.2% |
| $10,000 over 5 years | $18,262Best | $13,219 |
| Top 10 Weight | 37.9% | 13.9%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Jun 19, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2006 to Sep 10, 2026 (20.2 years).
IVV vs KRE 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 20.2 years both funds cover.
IVV vs KRE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Regional Banking ETF (KRE) is an ETF from State Street Investment Management. Over the past year IVV returned +17.57% while KRE returned +16.46%. Year to date, IVV is up 11.57% versus a gain of 14.46% for KRE.
Over three years, IVV compounded at +20.71% per year against +22.61% for KRE; over five years the annualized figures are +12.80% and +5.74% respectively. Across the full 20-year window we track, IVV has the edge at +9.78% annualized vs +2.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KRE has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 15.3% 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 -71.2% for KRE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while KRE charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.17% for KRE.
Holdings Overlap
0.3% of IVV's money is in holdings KRE also owns. 6.7% of KRE's money is in holdings IVV also owns.
KRE and IVV share little of their money.
5 positions in common, counted across the 505 positions we hold weights for in IVV and 160 in KRE, against full books of 508 and 161.
What only one of them owns
Our book lists 152 positions for KRE that do not appear in our book for IVV (91.2% of the fund), and 490 for IVV that do not appear in KRE (99.0%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and KRE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or KRE?
IVV has an expense ratio of 0.03% while KRE charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or KRE?
Over the past year IVV returned +17.57% vs +16.46% for KRE, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.78% vs +2.88% for KRE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KRE?
KRE has been the more volatile fund at 26.4% annualized versus 15.3% for IVV. Worst drawdown: IVV -56.5% vs KRE -71.2%.
Should I hold both IVV and KRE?
IVV and KRE have a monthly-return correlation of 0.62, 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 KRE?
6.7% of KRE's money is in holdings IVV also owns. 6.7% of KRE's is in holdings IVV also owns. They hold 5 positions in common, counted across the 505 positions we hold weights for in IVV and 160 in KRE.
Which pays a higher dividend, IVV or KRE?
IVV yields 1.06% while KRE yields 2.17%, so KRE currently pays the higher dividend yield.
Is KRE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, KRE over 3Y. KRE is less concentrated, with 13.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.