IVV vs SOXY
iShares Core S&P 500 ETF vs YieldMax Target 12 Semiconductor Option Income ETF
Which is better, IVV or SOXY?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. SOXY led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.2%.
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 | SOXY |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.06% |
| AUM | $876.4B | $63M |
| Dividend Yield | 1.06% | 9.86% |
| Holdings | 508 | 86 |
| YTD Return | +11.57% | +54.70%Best |
| 1Y Return | +17.57% | +86.83%Best |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 12.7%Best | 39.6% |
| Max Drawdown | -18.8%Best | -30.2% |
| $10,000 over 1.8 years | $12,877 | $22,022Best |
| Top 10 Weight | 37.9%Best | 48.2% |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Dec 2, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 3, 2024 to Sep 10, 2026 (1.8 years).
IVV vs SOXY 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 covers the 1.8 years both funds cover.
IVV vs SOXY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an ETF from YieldMax ETF. Over the past year IVV returned +17.57% while SOXY returned +86.83%. Year to date, IVV is up 11.57% versus a gain of 54.70% for SOXY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOXY has been the more volatile fund, with annualized monthly volatility of 39.6% compared with 12.7% 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 -18.8% for IVV and -30.2% for SOXY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SOXY charges 1.06%. On a $10,000 position that is $3 vs $106 annually, a gap of $103 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 9.86% for SOXY.
Holdings Overlap
17.7% of IVV's money is in holdings SOXY also owns. 63.8% of SOXY's money is in holdings IVV also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in SOXY, against full books of 508 and 86.
What only one of them owns
Our book lists 6 positions for SOXY that do not appear in our book for IVV (16.7% of the fund), and 477 for IVV that do not appear in SOXY (81.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SOXY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 6.67% | 1.31% |
| AVGOBroadcom Inc | 2.98% | 4.66% | 1.68% |
| MUMicron Technology, Inc. | 1.51% | 4.94% | 3.43% |
| AMDAdvanced Micro Devices Inc. | 1.18% | 5.19% | 4.01% |
| MRVLMarvell Technology Group Ltd | 0.28% | 5.10% | 4.82% |
| LRCXLam Research Corpcommon Stock | 0.58% | 4.53% | 3.95% |
| AMATApplied Materials, Inc. | 0.64% | 3.86% | 3.22% |
| INTCIntel Corp. | 0.72% | 3.29% | 2.57% |
| KLACKla Corp. | 0.38% | 3.50% | 3.12% |
| TXNTexas Instruments, Inc | 0.38% | 3.24% | 2.86% |
63.8% of SOXY is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SOXY?
IVV has an expense ratio of 0.03% while SOXY charges 1.06%. IVV is the cheaper option, by $103 a year on a $10,000 investment.
Which performed better, IVV or SOXY?
Over the past year IVV returned +17.57% vs +86.83% for SOXY, so SOXY leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +15.08% vs +55.05% for SOXY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SOXY?
SOXY has been the more volatile fund at 39.6% annualized versus 12.7% for IVV. Worst drawdown: IVV -18.8% vs SOXY -30.2%.
Should I hold both IVV and SOXY?
IVV and SOXY have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and SOXY?
63.8% of SOXY's money is in holdings IVV also owns. 63.8% of SOXY's is in holdings IVV also owns. They hold 18 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in SOXY.
Which pays a higher dividend, IVV or SOXY?
IVV yields 1.06% while SOXY yields 9.86%, so SOXY currently pays the higher dividend yield.
Is SOXY better than IVV?
IVV has a lower expense ratio. SOXY led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.