IVV vs SFY
iShares Core S&P 500 ETF vs Sofi Select 500 ETF
Which is better, IVV or SFY?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. SFY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 44.0%.
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 | SFY |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.05% |
| AUM | $882.6B | $706M |
| Dividend Yield | 1.06% | 0.82% |
| Holdings | 508 | 504 |
| YTD Return | +13.60% | +17.40%Best |
| 1Y Return | +16.32% | +20.17%Best |
| 3Y Return (annualized) | +23.81% | +28.71%Best |
| 5Y Return (annualized) | +14.03% | +15.77%Best |
| Volatility (annualized) | 16.5%Best | 17.6% |
| Max Drawdown | -33.9% | -33.3%Best |
| $10,000 over 5 years | $19,279 | $20,796Best |
| Top 10 Weight | 38.1%Best | 44.0% |
| Fund Family | iShares by BlackRock (US) | SoFi |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Apr 10, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Apr 11, 2019 to Oct 2, 2026 (7.5 years).
IVV vs SFY 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 7.5 years both funds cover.
IVV vs SFY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Sofi Select 500 ETF (SFY) is an ETF from SoFi. Over the past year IVV returned +16.32% while SFY returned +20.17%. Year to date, IVV is up 13.60% versus a gain of 17.40% for SFY.
Over three years, IVV compounded at +23.81% per year against +28.71% for SFY; over five years the annualized figures are +14.03% and +15.77% respectively. Across the full 8-year window we track, SFY has the edge at +17.34% annualized vs +15.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SFY has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 16.5% 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 -33.3% for SFY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while SFY charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.82% for SFY.
Holdings Overlap
97.8% of IVV's money is in holdings SFY also owns. 95.7% of SFY's money is in holdings IVV also owns.
Most of IVV is already inside SFY. Owning both mostly buys the same companies twice.
431 positions in common, counted across the 505 positions we hold weights for in IVV and 502 in SFY, against full books of 508 and 504.
What only one of them owns
Our book lists 62 positions for SFY that do not appear in our book for IVV (3.9% of the fund), and 67 for IVV that do not appear in SFY (1.5%).
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 SFY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 15.37% | 7.37% |
| AAPLApple, Inc | 7.39% | 5.04% | 2.35% |
| MSFTMicrosoft Corp | 5.57% | 4.94% | 0.63% |
| AMZNAmazon.Com Inc | 3.80% | 2.98% | 0.82% |
| AVGOBroadcom Inc | 2.59% | 3.65% | 1.06% |
| MUMicron Technology, Inc. | 1.66% | 3.44% | 1.78% |
| GOOGLAlphabet Inc,class A | 3.00% | 2.08% | 0.92% |
| GOOGAlphabet Inc. C | 2.40% | 1.95% | 0.45% |
| METAMeta Platforms Inc | 2.15% | 2.16% | 0.01% |
| LLYEli Lilly & Co. | 1.34% | 2.34% | 1.00% |
97.8% of IVV is already inside SFY.
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 SFY?
IVV has an expense ratio of 0.03% while SFY charges 0.05%. IVV is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, IVV or SFY?
Over the past year IVV returned +16.32% vs +20.17% for SFY, so SFY leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +15.22% vs +17.34% for SFY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SFY?
SFY has been the more volatile fund at 17.6% annualized versus 16.5% for IVV. Worst drawdown: IVV -33.9% vs SFY -33.3%.
Should I hold both IVV and SFY?
IVV and SFY have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and SFY?
97.8% of IVV's money is in holdings SFY also owns. 95.7% of SFY's is in holdings IVV also owns. They hold 431 positions in common, counted across the 505 positions we hold weights for in IVV and 502 in SFY.
Which pays a higher dividend, IVV or SFY?
IVV yields 1.06% while SFY yields 0.82%, so IVV currently pays the higher dividend yield.
Is SFY better than IVV?
IVV has a lower expense ratio. SFY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 44.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.