IVV vs SHLD
iShares Core S&P 500 ETF vs Global X Defense Tech ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SHLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $865.2B | $7.1B | |
| Dividend Yield | 1.09% | 0.71% | |
| Holdings | 508 | 55 | |
| YTD Return | +13.43% | +4.88% | |
| 1Y Return | +22.61% | +14.28% | |
| 3Y Return (annualized) | +21.47% | +43.40% | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 21.3% | |
| Max Drawdown | -56.5% | -25.4% | |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 11, 2023 |
IVV vs SHLD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Global X Defense Tech ETF (SHLD) is a ETF from Global X by mirae Asset. Over the past year IVV returned +22.61% while SHLD returned +14.28%. Year to date, IVV is up 13.43% versus a gain of 4.88% for SHLD.
Over three years, IVV compounded at +21.47% per year against +43.40% for SHLD. Across the full 3-year window we track, SHLD has the edge at +43.40% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHLD has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 15.1% 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 -25.4% for SHLD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SHLD charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.71% for SHLD.
Holdings Overlap
IVV and SHLD share 7 holdings out of 540 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SHLD?
IVV has an expense ratio of 0.03% while SHLD charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or SHLD?
Over the past year IVV returned +22.61% vs +14.28% for SHLD, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +43.40% for SHLD. Past performance does not guarantee future results.
Which is riskier, IVV or SHLD?
SHLD has been the more volatile fund at 21.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SHLD -25.4%.
Should I hold both IVV and SHLD?
IVV and SHLD have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SHLD?
IVV and SHLD share 7 common holdings with a 1.3% weight overlap. Combined, they hold 540 unique securities.
Which pays a higher dividend, IVV or SHLD?
IVV yields 1.09% while SHLD yields 0.71%, so IVV currently pays the higher dividend yield.
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