IVV vs SLVI
iShares Core S&P 500 ETF vs NEOS Silver High Income ETF
Which is better, IVV or SLVI?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y, SLVI over the full window.
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 | SLVI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.78% |
| AUM | $879.1B | $8M |
| Dividend Yield | 1.09% | 1.28% |
| Holdings | 509 | 1 |
| YTD Return | +11.33%Best | -17.74% |
| 1Y Return | +13.50%Best | -17.74% |
| 3Y Return (annualized) | +20.45% | - |
| 5Y Return (annualized) | +11.61% | - |
| Volatility (annualized) | 15.6%Best | 43819.8% |
| Max Drawdown | -52.4%Best | -67.2% |
| $10,000 over 18.6 years | $60,179 | $81,270,583Best |
| Fund Family | iShares by BlackRock (US) | NEOS |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Oct 6, 2026 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 18.6 years row, are measured over the window both funds cover: Apr 17, 2008 to Nov 13, 2026 (18.6 years).
IVV vs SLVI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs SLVI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NEOS Silver High Income ETF (SLVI) is an ETF from NEOS. Over the past year IVV returned +13.50% while SLVI returned -17.74%. Year to date, IVV is up 11.33% versus a loss of 17.74% for SLVI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLVI has been the more volatile fund, with annualized monthly volatility of 43819.8% compared with 15.6% 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 -52.4% for IVV and -67.2% for SLVI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.01. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while SLVI charges 0.78%. On a $10,000 position that is $3 vs $78 annually, a gap of $75 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.28% for SLVI.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in SLVI, totalling 99.2% and 18.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 1 in SLVI, against full books of 509 and 1.
You are not choosing between two funds in isolation.
Whichever of IVV and SLVI 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 SLVI?
IVV has an expense ratio of 0.03% while SLVI charges 0.78%. IVV is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, IVV or SLVI?
Over the past year IVV returned +13.50% vs -17.74% for SLVI, so IVV leads on 1-year performance. Over the longest common window we track (19 years), IVV annualized +10.13% vs +62.26% for SLVI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SLVI?
SLVI has been the more volatile fund at 43819.8% annualized versus 15.6% for IVV. Worst drawdown: IVV -52.4% vs SLVI -67.2%.
Should I hold both IVV and SLVI?
IVV and SLVI have a monthly-return correlation of -0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or SLVI?
IVV yields 1.09% while SLVI yields 1.28%, so SLVI currently pays the higher dividend yield.
Is SLVI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, SLVI over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.