IVV vs SLVP
iShares Core S&P 500 ETF vs iShares MSCI Global Silver and Metals Miners ETF
Quick Verdict
IVV has a lower expense ratio. SLVP delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SLVP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $907.0B | $950M | |
| Dividend Yield | 1.10% | 2.28% | |
| Holdings | 508 | 50 | |
| YTD Return | +12.96% | +6.04% | |
| 1Y Return | +20.70% | +83.47% | |
| 3Y Return (annualized) | +22.10% | +60.00% | |
| 5Y Return (annualized) | +13.40% | +23.56% | |
| Volatility (annualized) | 15.1% | 42.0% | |
| Max Drawdown | -56.5% | -80.6% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 31, 2012 |
IVV vs SLVP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares MSCI Global Silver and Metals Miners ETF (SLVP) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +20.70% while SLVP returned +83.47%. Year to date, IVV is up 12.96% versus a gain of 6.04% for SLVP.
Over three years, IVV compounded at +22.10% per year against +60.00% for SLVP; over five years the annualized figures are +13.40% and +23.56% respectively. Across the full 15-year window we track, IVV has the edge at +7.01% annualized vs +3.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLVP has been the more volatile fund, with annualized monthly volatility of 42.0% 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 -80.6% for SLVP. 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 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SLVP charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.28% for SLVP.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, IVV or SLVP?
IVV has an expense ratio of 0.03% while SLVP charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or SLVP?
Over the past year IVV returned +20.70% vs +83.47% for SLVP, so SLVP leads on 1-year performance. Over the longest common window we track (15 years), IVV annualized +7.01% vs +3.80% for SLVP. Past performance does not guarantee future results.
Which is riskier, IVV or SLVP?
SLVP has been the more volatile fund at 42.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SLVP -80.6%.
Should I hold both IVV and SLVP?
IVV and SLVP have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SLVP?
IVV and SLVP share 2 common holdings with a 0.2% weight overlap. Combined, they hold 539 unique securities.
Which pays a higher dividend, IVV or SLVP?
IVV yields 1.10% while SLVP yields 2.28%, so SLVP currently pays the higher dividend yield.
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