IVV vs PXJ
iShares Core S&P 500 ETF vs Invesco Oil and Gas Services ETF
Which is better, IVV or PXJ?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over 3Y and the full window, PXJ over 1Y and 5Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 45.7%.
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 | PXJ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.63% |
| AUM | $882.6B | $125M |
| Dividend Yield | 1.06% | 2.16% |
| Holdings | 508 | 67 |
| YTD Return | +12.76% | +51.14%Best |
| 1Y Return | +15.57% | +64.96%Best |
| 3Y Return (annualized) | +22.95%Best | +17.28% |
| 5Y Return (annualized) | +13.54% | +22.27%Best |
| Volatility (annualized) | 15.0%Best | 37.0% |
| Max Drawdown | -56.5%Best | -95.3% |
| $10,000 over 5 years | $18,869 | $27,327Best |
| Top 10 Weight | 38.1%Best | 45.7% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Oct 26, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2005 to Oct 1, 2026 (20.9 years).
IVV vs PXJ 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 20.9 years both funds cover.
IVV vs PXJ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Oil and Gas Services ETF (PXJ) is an ETF from Invesco (US). Over the past year IVV returned +15.57% while PXJ returned +64.96%. Year to date, IVV is up 12.76% versus a gain of 51.14% for PXJ.
Over three years, IVV compounded at +22.95% per year against +17.28% for PXJ; over five years the annualized figures are +13.54% and +22.27% respectively. Across the full 21-year window we track, IVV has the edge at +9.71% annualized vs -2.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PXJ has been the more volatile fund, with annualized monthly volatility of 37.0% compared with 15.0% 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 -95.3% for PXJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PXJ charges 0.63%. On a $10,000 position that is $3 vs $63 annually, a gap of $60 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.16% for PXJ.
Holdings Overlap
0.1% of IVV's money is in holdings PXJ also owns. 9.7% of PXJ's money is in holdings IVV also owns.
PXJ and IVV share little of their money.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in PXJ, against full books of 508 and 67.
What only one of them owns
Our book lists 23 positions for PXJ that do not appear in our book for IVV (71.7% of the fund), and 495 for IVV that do not appear in PXJ (99.1%).
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 PXJ 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 PXJ?
IVV has an expense ratio of 0.03% while PXJ charges 0.63%. IVV is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, IVV or PXJ?
Over the past year IVV returned +15.57% vs +64.96% for PXJ, so PXJ leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.71% vs -2.33% for PXJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PXJ?
PXJ has been the more volatile fund at 37.0% annualized versus 15.0% for IVV. Worst drawdown: IVV -56.5% vs PXJ -95.3%.
Should I hold both IVV and PXJ?
IVV and PXJ have a monthly-return correlation of 0.61, 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 PXJ?
9.7% of PXJ's money is in holdings IVV also owns. 9.7% of PXJ's is in holdings IVV also owns. They hold 2 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in PXJ.
Which pays a higher dividend, IVV or PXJ?
IVV yields 1.06% while PXJ yields 2.16%, so PXJ currently pays the higher dividend yield.
Is PXJ better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, PXJ over 1Y and 5Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 45.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.