IVV vs MLPX
iShares Core S&P 500 ETF vs Global X MLP & Energy Infrastructure ETF
Which is better, IVV or MLPX?
Large Cap Blend against Mid Cap Value.
IVV has a lower expense ratio. IVV led over the full window, MLPX over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 66.2%.
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 | MLPX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $876.4B | $3.8B |
| Dividend Yield | 1.06% | 4.03% |
| Holdings | 508 | 31 |
| YTD Return | +14.14% | +22.14%Best |
| 1Y Return | +17.30% | +24.09%Best |
| 3Y Return (annualized) | +23.04% | +25.04%Best |
| 5Y Return (annualized) | +13.63% | +21.96%Best |
| Volatility (annualized) | 14.5%Best | 24.7% |
| Max Drawdown | -33.9%Best | -77.5% |
| $10,000 over 5 years | $18,944 | $26,983Best |
| Top 10 Weight | 37.8%Best | 66.2% |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | May 15, 2000 | Aug 6, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Aug 7, 2013 to Sep 22, 2026 (13.1 years).
IVV vs MLPX 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 13.1 years both funds cover.
IVV vs MLPX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X MLP & Energy Infrastructure ETF (MLPX) is an ETF from Global X by mirae Asset. Over the past year IVV returned +17.30% while MLPX returned +24.09%. Year to date, IVV is up 14.14% versus a gain of 22.14% for MLPX.
Over three years, IVV compounded at +23.04% per year against +25.04% for MLPX; over five years the annualized figures are +13.63% and +21.96% respectively. Across the full 13-year window we track, IVV has the edge at +12.95% annualized vs +5.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPX has been the more volatile fund, with annualized monthly volatility of 24.7% compared with 14.5% 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 -33.9% for IVV and -77.5% for MLPX. 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 MLPX charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.03% for MLPX.
Holdings Overlap
0.4% of IVV's money is in holdings MLPX also owns. 30.6% of MLPX's money is in holdings IVV also owns.
The two portfolios partly overlap.
4 positions in common, counted across the 490 positions we hold weights for in IVV and 29 in MLPX, against full books of 508 and 31.
What only one of them owns
Our book lists 22 positions for MLPX that do not appear in our book for IVV (50.7% of the fund), and 478 for IVV that do not appear in MLPX (98.2%).
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.
30.6% of MLPX 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 MLPX?
IVV has an expense ratio of 0.03% while MLPX charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or MLPX?
Over the past year IVV returned +17.30% vs +24.09% for MLPX, so MLPX leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +12.95% vs +5.99% for MLPX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MLPX?
MLPX has been the more volatile fund at 24.7% annualized versus 14.5% for IVV. Worst drawdown: IVV -33.9% vs MLPX -77.5%.
Should I hold both IVV and MLPX?
IVV and MLPX 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 MLPX?
30.6% of MLPX's money is in holdings IVV also owns. 30.6% of MLPX's is in holdings IVV also owns. They hold 4 positions in common, counted across the 490 positions we hold weights for in IVV and 29 in MLPX.
Which pays a higher dividend, IVV or MLPX?
IVV yields 1.06% while MLPX yields 4.03%, so MLPX currently pays the higher dividend yield.
Is MLPX better than IVV?
IVV has a lower expense ratio. IVV led over the full window, MLPX over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 66.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.