IVV vs OILT
iShares Core S&P 500 ETF vs Texas Capital Texas Oil Index ETF
Which is better, IVV or OILT?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over the full window, OILT over 1Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 59.6%.
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 | OILT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $882.6B | $14M |
| Dividend Yield | 1.06% | 2.41% |
| Holdings | 508 | 26 |
| Volatility (annualized) | 11.9%Best | 25.3% |
| Max Drawdown | -18.8%Best | -35.2% |
| $10,000 over 2.7 years | $16,434Best | $14,636 |
| Top 10 Weight | 38.1%Best | 59.6% |
| Fund Family | iShares by BlackRock (US) | Texas Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Dec 20, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 16 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Oct 1, 2026 and OILT through Sep 15, 2026.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 15, 2026 (2.7 years).
Risk: Volatility and Drawdowns
OILT has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 11.9% 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 -35.2% for OILT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.08. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while OILT 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 2.41% for OILT.
Holdings Overlap
2.4% of IVV's money is in holdings OILT also owns. 51.9% of OILT's money is in holdings IVV also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in OILT, against full books of 508 and 26.
What only one of them owns
Our book lists 13 positions for OILT that do not appear in our book for IVV (38.2% of the fund), and 488 for IVV that do not appear in OILT (96.9%).
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 OILT | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.04% | 7.25% | 6.21% |
| COPConocophillips Common Stock USD 0.01 | 0.25% | 7.63% | 7.38% |
| OXYOccidental Petroleum Corp. | 0.07% | 7.10% | 7.03% |
| FANGDiamondback Energy, Inc. | 0.06% | 6.82% | 6.76% |
| EOGEog Resources Inc | 0.12% | 5.71% | 5.59% |
| CVXChevron Corp | 0.61% | 4.57% | 3.96% |
| APAAPA Corp. | 0.02% | 4.93% | 4.91% |
| DVNDevon Energy Corporation | 0.09% | 4.64% | 4.55% |
| KMIKinder Morgan Inc./de | 0.09% | 3.25% | 3.16% |
51.9% of OILT 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 OILT?
IVV has an expense ratio of 0.03% while OILT charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which is riskier, IVV or OILT?
OILT has been the more volatile fund at 25.3% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs OILT -35.2%.
Should I hold both IVV and OILT?
IVV and OILT have a monthly-return correlation of -0.08, 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 OILT?
51.9% of OILT's money is in holdings IVV also owns. 51.9% of OILT's is in holdings IVV also owns. They hold 9 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in OILT.
Which pays a higher dividend, IVV or OILT?
IVV yields 1.06% while OILT yields 2.41%, so OILT currently pays the higher dividend yield.
Is OILT better than IVV?
IVV has a lower expense ratio. IVV led over the full window, OILT over 1Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.