IVV vs SLJY
iShares Core S&P 500 ETF vs Amplify SILJ Junior Silver Miners Covered Call ETF
Quick Verdict
IVV has a lower expense ratio. SLJY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SLJY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.76% | |
| AUM | $907.0B | $65M | |
| Dividend Yield | 1.10% | 27.44% | |
| Holdings | 508 | 58 | |
| YTD Return | +12.28% | +13.71% | |
| 1Y Return | +20.94% | +59.24% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 48.5% | |
| Max Drawdown | -56.5% | -35.2% | |
| Fund Family | iShares by BlackRock (US) | Amplify ETFs | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Aug 19, 2025 |
IVV vs SLJY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) is a ETF from Amplify ETFs. Over the past year IVV returned +20.94% while SLJY returned +59.24%. Year to date, IVV is up 12.28% versus a gain of 13.71% for SLJY.
Risk: Volatility and Drawdowns
SLJY has been the more volatile fund, with annualized monthly volatility of 48.5% 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 -35.2% for SLJY. 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SLJY charges 0.76%. On a $10,000 position that is $3 vs $76 annually, a gap of $73 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 27.44% for SLJY.
Holdings Overlap
IVV and SLJY share 0 holdings out of 525 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SLJY?
IVV has an expense ratio of 0.03% while SLJY charges 0.76%. IVV is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, IVV or SLJY?
Over the past year IVV returned +20.94% vs +59.24% for SLJY, so SLJY leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +6.98% vs +61.85% for SLJY. Past performance does not guarantee future results.
Which is riskier, IVV or SLJY?
SLJY has been the more volatile fund at 48.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SLJY -35.2%.
Should I hold both IVV and SLJY?
IVV and SLJY have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SLJY?
IVV and SLJY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, IVV or SLJY?
IVV yields 1.10% while SLJY yields 27.44%, so SLJY currently pays the higher dividend yield.
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