IVV vs SMIN
iShares Core S&P 500 ETF vs iShares MSCI India Small-Cap 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 | SMIN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.74% | |
| AUM | $865.2B | $750M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 467 | |
| YTD Return | +13.72% | +1.91% | |
| 1Y Return | +21.64% | +0.68% | |
| 3Y Return (annualized) | +21.55% | +8.84% | |
| 5Y Return (annualized) | +13.27% | +6.95% | |
| Volatility (annualized) | 15.1% | 26.4% | |
| Max Drawdown | -56.5% | -60.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 8, 2012 |
IVV vs SMIN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares MSCI India Small-Cap ETF (SMIN) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.64% while SMIN returned +0.68%. Year to date, IVV is up 13.72% versus a gain of 1.91% for SMIN.
Over three years, IVV compounded at +21.55% per year against +8.84% for SMIN; over five years the annualized figures are +13.27% and +6.95% respectively. Across the full 15-year window we track, SMIN has the edge at +8.92% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMIN has been the more volatile fund, with annualized monthly volatility of 26.4% 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 -60.5% for SMIN. 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 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SMIN charges 0.74%. On a $10,000 position that is $3 vs $74 annually, a gap of $71 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for SMIN.
Holdings Overlap
IVV and SMIN share 1 holdings out of 962 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SMIN | Difference |
|---|---|---|---|
| XTSLA | 0.15% | 2.20% | 2.05% |
Frequently Asked Questions
Which is cheaper, IVV or SMIN?
IVV has an expense ratio of 0.03% while SMIN charges 0.74%. IVV is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, IVV or SMIN?
Over the past year IVV returned +21.64% vs +0.68% for SMIN, so IVV leads on 1-year performance. Over the longest common window we track (15 years), IVV annualized +7.04% vs +8.92% for SMIN. Past performance does not guarantee future results.
Which is riskier, IVV or SMIN?
SMIN has been the more volatile fund at 26.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SMIN -60.5%.
Should I hold both IVV and SMIN?
IVV and SMIN have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SMIN?
IVV and SMIN share 1 common holdings with a 0.1% weight overlap. Combined, they hold 962 unique securities.
Which pays a higher dividend, IVV or SMIN?
IVV yields 1.09% while SMIN yields 0.00%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.