IVV vs SNPE

Quick Verdict

IVV has a lower expense ratio. SNPE delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: SNPEMore Diversified: IVV

Side-by-Side Comparison

MetricIVVSNPEWinner
Expense Ratio0.03%0.10%
AUM$865.2B$2.6B
Dividend Yield1.09%0.96%
Holdings508334
YTD Return+14.50%+15.26%
1Y Return+22.02%+25.02%
3Y Return (annualized)+21.80%+22.00%
5Y Return (annualized)+13.37%+14.26%
Volatility (annualized)15.1%16.6%
Max Drawdown-56.5%-33.8%
Fund FamilyiShares by BlackRock (US)Xtrackers ETFs
CategoryEquityEquity
InceptionMay 15, 2000Jun 25, 2019

IVV vs SNPE Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Xtrackers S&P 500 Scored & Screened ETF (SNPE) is a ETF from Xtrackers ETFs. Over the past year IVV returned +22.02% while SNPE returned +25.02%. Year to date, IVV is up 14.50% versus a gain of 15.26% for SNPE.

Over three years, IVV compounded at +21.80% per year against +22.00% for SNPE; over five years the annualized figures are +13.37% and +14.26% respectively. Across the full 7-year window we track, SNPE has the edge at +17.10% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SNPE has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -33.8% for SNPE. 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while SNPE charges 0.10%. On a $10,000 position that is $3 vs $10 annually, a gap of $7 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.96% for SNPE.

Holdings Overlap

59.9%overlap

IVV and SNPE share 325 holdings out of 511 unique holdings combined, representing a 59.9% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in IVVWeight in SNPEDifference
NVDA7.76%12.47%4.71%
MSFT4.57%7.98%3.41%
GOOGL3.15%5.90%2.75%
GOOGProProPro
MUProProPro
LLYProProPro
VProProPro
WMTProProPro
INTCProProPro
COSTProProPro
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Frequently Asked Questions

Which is cheaper, IVV or SNPE?

IVV has an expense ratio of 0.03% while SNPE charges 0.10%. IVV is the cheaper option. On a $10,000 investment, that is $7 per year of difference.

Which performed better, IVV or SNPE?

Over the past year IVV returned +22.02% vs +25.02% for SNPE, so SNPE leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.07% vs +17.10% for SNPE. Past performance does not guarantee future results.

Which is riskier, IVV or SNPE?

SNPE has been the more volatile fund at 16.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SNPE -33.8%.

Should I hold both IVV and SNPE?

IVV and SNPE have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between IVV and SNPE?

IVV and SNPE share 325 common holdings with a 59.9% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, IVV or SNPE?

IVV yields 1.09% while SNPE yields 0.96%, so IVV currently pays the higher dividend yield.

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