IVV vs LEXI
iShares Core S&P 500 ETF vs Alexis Practical Tactical ETF
Quick Verdict
IVV has a lower expense ratio. LEXI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | LEXI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.00% | |
| AUM | $886.7B | $192M | |
| Dividend Yield | 1.10% | 0.84% | |
| Holdings | 508 | 44 | |
| YTD Return | +13.86% | +14.05% | |
| 1Y Return | +21.57% | +23.36% | |
| 3Y Return (annualized) | +21.48% | +19.45% | |
| 5Y Return (annualized) | +12.88% | +10.58% | |
| Volatility (annualized) | 15.1% | 14.0% | |
| Max Drawdown | -56.5% | -22.0% | |
| Fund Family | iShares by BlackRock (US) | Alexis Investment Partners, LLC | |
| Category | Equity | Allocation/Balanced | |
| Inception | May 15, 2000 | Jun 30, 2021 |
IVV vs LEXI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Alexis Practical Tactical ETF (LEXI) is a ETF from Alexis Investment Partners, LLC. Over the past year IVV returned +21.57% while LEXI returned +23.36%. Year to date, IVV is up 13.86% versus a gain of 14.05% for LEXI.
Over three years, IVV compounded at +21.48% per year against +19.45% for LEXI; over five years the annualized figures are +12.88% and +10.58% respectively. Across the full 5-year window we track, LEXI has the edge at +11.08% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.0% for LEXI. 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 -22.0% for LEXI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while LEXI charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.84% for LEXI.
Holdings Overlap
IVV and LEXI share 24 holdings out of 529 unique holdings combined, representing a 12.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or LEXI?
IVV has an expense ratio of 0.03% while LEXI charges 1.00%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, IVV or LEXI?
Over the past year IVV returned +21.57% vs +23.36% for LEXI, so LEXI leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.03% vs +11.08% for LEXI. Past performance does not guarantee future results.
Which is riskier, IVV or LEXI?
IVV has been the more volatile fund at 15.1% annualized versus 14.0% for LEXI. Worst drawdown: IVV -56.5% vs LEXI -22.0%.
Should I hold both IVV and LEXI?
IVV and LEXI have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and LEXI?
IVV and LEXI share 24 common holdings with a 12.6% weight overlap. Combined, they hold 529 unique securities.
Which pays a higher dividend, IVV or LEXI?
IVV yields 1.10% while LEXI yields 0.84%, so IVV currently pays the higher dividend yield.
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