IVV vs SOXY
iShares Core S&P 500 ETF vs YieldMax Target 12 Semiconductor Option Income ETF
Quick Verdict
IVV has a lower expense ratio. SOXY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SOXY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.06% | |
| AUM | $907.0B | $69M | |
| Dividend Yield | 1.10% | 9.45% | |
| Holdings | 508 | 104 | |
| YTD Return | +12.28% | +57.38% | |
| 1Y Return | +20.94% | +97.38% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 40.4% | |
| Max Drawdown | -56.5% | -30.2% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 2, 2024 |
IVV vs SOXY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is a ETF from YieldMax ETF. Over the past year IVV returned +20.94% while SOXY returned +97.38%. Year to date, IVV is up 12.28% versus a gain of 57.38% for SOXY.
Risk: Volatility and Drawdowns
SOXY has been the more volatile fund, with annualized monthly volatility of 40.4% 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 -30.2% for SOXY. 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 0.73. 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 1.10% against 9.45% for SOXY.
Holdings Overlap
IVV and SOXY share 17 holdings out of 517 unique holdings combined, representing a 16.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $103 per year of difference.
Which performed better, IVV or SOXY?
Over the past year IVV returned +20.94% vs +97.38% for SOXY, so SOXY leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.98% vs +58.94% for SOXY. Past performance does not guarantee future results.
Which is riskier, IVV or SOXY?
SOXY has been the more volatile fund at 40.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SOXY -30.2%.
Should I hold both IVV and SOXY?
IVV and SOXY have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SOXY?
IVV and SOXY share 17 common holdings with a 16.0% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, IVV or SOXY?
IVV yields 1.10% while SOXY yields 9.45%, so SOXY currently pays the higher dividend yield.
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