IVV vs RWX
iShares Core S&P 500 ETF vs State Street SPDR Dow Jones International Real Estate ETF
Which is better, IVV or RWX?
Large Cap Blend against Mid Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RWX is less concentrated, with 28.9% of the fund in its ten largest positions against 37.8%.
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 | RWX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $876.4B | $262M |
| Dividend Yield | 1.06% | 3.83% |
| Holdings | 508 | 144 |
| YTD Return | +13.85%Best | -6.73% |
| 1Y Return | +18.57%Best | -2.47% |
| 3Y Return (annualized) | +23.50%Best | +6.01% |
| 5Y Return (annualized) | +13.34%Best | -3.05% |
| Volatility (annualized) | 15.4%Best | 19.5% |
| Max Drawdown | -56.5%Best | -75.2% |
| $10,000 over 5 years | $18,703Best | $8,565 |
| Top 10 Weight | 37.8% | 28.9%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | May 15, 2000 | Dec 15, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 19, 2006 to Sep 25, 2026 (19.8 years).
IVV vs RWX 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 19.8 years both funds cover.
IVV vs RWX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR Dow Jones International Real Estate ETF (RWX) is an ETF from State Street Investment Management. Over the past year IVV returned +18.57% while RWX returned -2.47%. Year to date, IVV is up 13.85% versus a loss of 6.73% for RWX.
Over three years, IVV compounded at +23.50% per year against +6.01% for RWX; over five years the annualized figures are +13.34% and -3.05% respectively. Across the full 20-year window we track, IVV has the edge at +9.36% annualized vs -3.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RWX has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.4% 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 -75.2% for RWX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RWX charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.83% for RWX.
Holdings Overlap
0.1% of IVV's money is in holdings RWX also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 127 in RWX, against full books of 508 and 144.
What only one of them owns
Our book lists 3 positions for RWX that do not appear in our book for IVV (0.8% of the fund), and 481 for IVV that do not appear in RWX (98.6%).
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 RWX | Difference |
|---|---|---|---|
| KRKroger Co. | 0.05% | 0.00% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of IVV and RWX 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 RWX?
IVV has an expense ratio of 0.03% while RWX charges 0.59%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, IVV or RWX?
Over the past year IVV returned +18.57% vs -2.47% for RWX, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.36% vs -3.19% for RWX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RWX?
RWX has been the more volatile fund at 19.5% annualized versus 15.4% for IVV. Worst drawdown: IVV -56.5% vs RWX -75.2%.
Should I hold both IVV and RWX?
IVV and RWX have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or RWX?
IVV yields 1.06% while RWX yields 3.83%, so RWX currently pays the higher dividend yield.
Is RWX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. RWX is less concentrated, with 28.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.