IVV vs ROKT
iShares Core S&P 500 ETF vs State Street SPDR S&P Kensho Final Frontiers ETF
Which is better, IVV or ROKT?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. ROKT led over 1Y, 3Y, 5Y and the full window. ROKT is less concentrated, with 36.2% 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 | ROKT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $886.7B | $195M |
| Dividend Yield | 1.10% | 0.28% |
| Holdings | 508 | 38 |
| YTD Return | +13.39% | +23.03%Best |
| 1Y Return | +20.08% | +54.56%Best |
| 3Y Return (annualized) | +21.29% | +37.87%Best |
| 5Y Return (annualized) | +12.88% | +22.48%Best |
| Volatility (annualized) | 16.7%Best | 24.6% |
| Max Drawdown | -33.9%Best | -43.3% |
| $10,000 over 5 years | $18,327 | $27,563Best |
| Top 10 Weight | 37.9% | 36.2%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Oct 19, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Oct 23, 2018 to Sep 4, 2026 (7.9 years).
IVV vs ROKT 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 7.9 years both funds cover.
IVV vs ROKT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) is an ETF from State Street Investment Management. Over the past year IVV returned +20.08% while ROKT returned +54.56%. Year to date, IVV is up 13.39% versus a gain of 23.03% for ROKT.
Over three years, IVV compounded at +21.29% per year against +37.87% for ROKT; over five years the annualized figures are +12.88% and +22.48% respectively. Across the full 8-year window we track, ROKT has the edge at +18.48% annualized vs +15.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ROKT has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 16.7% 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 -43.3% for ROKT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while ROKT 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 1.10% against 0.28% for ROKT.
Holdings Overlap
2.3% of IVV's money is in holdings ROKT also owns. 38.0% of ROKT's money is in holdings IVV also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 505 positions we hold weights for in IVV and 38 in ROKT, against full books of 508 and 38.
What only one of them owns
Our book lists 22 positions for ROKT that do not appear in our book for IVV (57.6% of the fund), and 483 for IVV that do not appear in ROKT (97.1%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in ROKT | Difference |
|---|---|---|---|
| RTXRaytheon Co. | 0.45% | 3.79% | 3.34% |
| BABoeing Co | 0.28% | 3.52% | 3.24% |
| LMTLockheed Martin Corp | 0.18% | 3.48% | 3.30% |
| TDYTeledyne Technologies Inc | 0.05% | 3.52% | 3.47% |
| NOCNorthrop Grumman Corp. | 0.11% | 3.14% | 3.03% |
| LHXL3Harris Technologies Inc. | 0.08% | 2.92% | 2.84% |
| APHAmphenol Corp. Class A | 0.32% | 2.50% | 2.18% |
| GDGeneral Dynamics Corp. | 0.15% | 2.46% | 2.31% |
| HIIHuntington Ingalls Industries Inc. | 0.02% | 2.44% | 2.42% |
| ADIAnalog Devices, Inc. | 0.28% | 2.12% | 1.84% |
38.0% of ROKT 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 ROKT?
IVV has an expense ratio of 0.03% while ROKT charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or ROKT?
Over the past year IVV returned +20.08% vs +54.56% for ROKT, so ROKT leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +15.15% vs +18.48% for ROKT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or ROKT?
ROKT has been the more volatile fund at 24.6% annualized versus 16.7% for IVV. Worst drawdown: IVV -33.9% vs ROKT -43.3%.
Should I hold both IVV and ROKT?
IVV and ROKT have a monthly-return correlation of 0.77, 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 ROKT?
38.0% of ROKT's money is in holdings IVV also owns. 38.0% of ROKT's is in holdings IVV also owns. They hold 14 positions in common, counted across the 505 positions we hold weights for in IVV and 38 in ROKT.
Which pays a higher dividend, IVV or ROKT?
IVV yields 1.10% while ROKT yields 0.28%, so IVV currently pays the higher dividend yield.
Is ROKT better than IVV?
IVV has a lower expense ratio. ROKT led over 1Y, 3Y, 5Y and the full window. ROKT is less concentrated, with 36.2% 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.