IVV vs SFYX
iShares Core S&P 500 ETF vs Sofi Next 500 ETF
Which is better, IVV or SFYX?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. SFYX is less concentrated, with 10.3% 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 | SFYX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.06% |
| AUM | $876.4B | $28M |
| Dividend Yield | 1.06% | 1.39% |
| Holdings | 508 | 491 |
| Volatility (annualized) | 16.6%Best | 20.9% |
| Max Drawdown | -33.9%Best | -39.6% |
| $10,000 over 6.9 years | $25,654Best | $18,693 |
| Top 10 Weight | 37.9% | 10.3%Best |
| Fund Family | iShares by BlackRock (US) | SoFi |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Apr 10, 2019 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 205 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 11, 2026 and SFYX through Feb 18, 2026.
Volatility and max drawdown, and the $10,000 over 6.9 years row, are measured over the window both funds cover: Apr 11, 2019 to Feb 18, 2026 (6.9 years).
Risk: Volatility and Drawdowns
SFYX has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 16.6% 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 -39.6% for SFYX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 SFYX charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.39% for SFYX.
Holdings Overlap
1.2% of IVV's money is in holdings SFYX also owns. 13.5% of SFYX's money is in holdings IVV also owns.
SFYX and IVV share little of their money.
The two holdings books were reported 250 days apart, IVV as of Aug 5, 2026 and SFYX as of Nov 28, 2025, so some of the difference between them is the time between the two reports rather than the funds.
47 positions in common, counted across the 505 positions we hold weights for in IVV and 492 in SFYX, against full books of 508 and 491.
What only one of them owns
Our book lists 437 positions for SFYX that do not appear in our book for IVV (83.4% of the fund), and 449 for IVV that do not appear in SFYX (98.2%).
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 SFYX | Difference |
|---|---|---|---|
| TKOTko Group Holdings Inc | 0.02% | 1.21% | 1.19% |
| FIXComfort Systems USA Inc. | 0.09% | 1.02% | 0.93% |
| COHRCoherent, Inc | 0.10% | 0.90% | 0.80% |
| BXPBoston Properties Inc | 0.02% | 0.66% | 0.64% |
| CIENCiena Corp | 0.09% | 0.53% | 0.44% |
| LITELumentum Holdings Inc | 0.10% | 0.36% | 0.26% |
| TRMBTrimble Inc. | 0.02% | 0.43% | 0.41% |
| CRLCharles River Laboratories International Inc | 0.02% | 0.41% | 0.39% |
| TPRTapestry Inc. | 0.05% | 0.36% | 0.31% |
| IVZInvesco PLC | 0.02% | 0.36% | 0.34% |
You are not choosing between two funds in isolation.
Whichever of IVV and SFYX 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 SFYX?
IVV has an expense ratio of 0.03% while SFYX charges 0.06%. IVV is the cheaper option, by $3 a year on a $10,000 investment.
Which is riskier, IVV or SFYX?
SFYX has been the more volatile fund at 20.9% annualized versus 16.6% for IVV. Worst drawdown: IVV -33.9% vs SFYX -39.6%.
Should I hold both IVV and SFYX?
IVV and SFYX have a monthly-return correlation of 0.91, 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 SFYX?
13.5% of SFYX's money is in holdings IVV also owns. 13.5% of SFYX's is in holdings IVV also owns. They hold 47 positions in common, counted across the 505 positions we hold weights for in IVV and 492 in SFYX.
Which pays a higher dividend, IVV or SFYX?
IVV yields 1.06% while SFYX yields 1.39%, so SFYX currently pays the higher dividend yield.
Is SFYX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. SFYX is less concentrated, with 10.3% 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.