IVV vs SIMS
iShares Core S&P 500 ETF vs State Street SPDR S&P Kensho Intelligent Structures ETF
Which is better, IVV or SIMS?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIMS is less concentrated, with 30.1% 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 | SIMS |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $886.7B | $8M |
| Dividend Yield | 1.10% | 0.56% |
| Holdings | 508 | 55 |
| YTD Return | +12.70%Best | +3.24% |
| 1Y Return | +19.36%Best | +11.57% |
| 3Y Return (annualized) | +21.16%Best | +10.56% |
| 5Y Return (annualized) | +12.75%Best | +0.15% |
| Volatility (annualized) | 16.4%Best | 24.6% |
| Max Drawdown | -33.9%Best | -44.0% |
| $10,000 over 5 years | $18,221Best | $10,075 |
| Top 10 Weight | 37.9% | 30.1%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 | Dec 18, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2017 to Sep 8, 2026 (8.7 years).
IVV vs SIMS 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 8.7 years both funds cover.
IVV vs SIMS Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Kensho Intelligent Structures ETF (SIMS) is an ETF from State Street Investment Management. Over the past year IVV returned +19.36% while SIMS returned +11.57%. Year to date, IVV is up 12.70% versus a gain of 3.24% for SIMS.
Over three years, IVV compounded at +21.16% per year against +10.56% for SIMS; over five years the annualized figures are +12.75% and +0.15% respectively. Across the full 9-year window we track, IVV has the edge at +13.82% annualized vs +5.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIMS has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 16.4% 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 -33.9% for IVV and -44.0% for SIMS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SIMS 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 0.56% for SIMS.
Holdings Overlap
2.3% of IVV's money is in holdings SIMS also owns. 27.7% of SIMS's money is in holdings IVV also owns.
SIMS and IVV share little of their money.
15 positions in common, counted across the 504 positions we hold weights for in IVV and 54 in SIMS, against full books of 508 and 55.
What only one of them owns
Our book lists 33 positions for SIMS that do not appear in our book for IVV (64.7% of the fund), and 478 for IVV that do not appear in SIMS (97.0%).
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 SIMS | Difference |
|---|---|---|---|
| TSLATesla Motors Inc | 1.36% | 2.16% | 0.80% |
| VLTOVeralto Corp. Com | 0.04% | 2.94% | 2.90% |
| JCIJohnson Controls Intl Plc | 0.14% | 2.77% | 2.63% |
| XYLXylem Inc./ NY | 0.04% | 2.87% | 2.83% |
| PNR:LNPentair Plc | 0.02% | 2.41% | 2.39% |
| GNRCGenerac Holdings, Inc. | 0.02% | 2.30% | 2.28% |
| ROPROPER TECHNOLOGIES INC | 0.06% | 1.74% | 1.68% |
| AMEAmetek Inc. | 0.09% | 1.70% | 1.61% |
| TELTyco Electronics Ltd. | 0.10% | 1.59% | 1.49% |
| DDDupont De Nemours, Inc. | 0.03% | 1.57% | 1.54% |
27.7% of SIMS 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 SIMS?
IVV has an expense ratio of 0.03% while SIMS charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or SIMS?
Over the past year IVV returned +19.36% vs +11.57% for SIMS, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +13.82% vs +5.21% for SIMS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SIMS?
SIMS has been the more volatile fund at 24.6% annualized versus 16.4% for IVV. Worst drawdown: IVV -33.9% vs SIMS -44.0%.
Should I hold both IVV and SIMS?
IVV and SIMS have a monthly-return correlation of 0.86, 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 SIMS?
27.7% of SIMS's money is in holdings IVV also owns. 27.7% of SIMS's is in holdings IVV also owns. They hold 15 positions in common, counted across the 504 positions we hold weights for in IVV and 54 in SIMS.
Which pays a higher dividend, IVV or SIMS?
IVV yields 1.10% while SIMS yields 0.56%, so IVV currently pays the higher dividend yield.
Is SIMS better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIMS is less concentrated, with 30.1% 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.