IVV vs SPIN
IVV vs SPIN
iShares Core S&P 500 ETF vs State Street US Equity Premium Income 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 | SPIN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.25% | |
| AUM | $865.2B | $46M | |
| Dividend Yield | 1.09% | 5.68% | |
| Holdings | 508 | 197 | |
| YTD Return | +13.80% | +3.81% | |
| 1Y Return | +23.70% | +12.52% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 9.5% | |
| Max Drawdown | -56.5% | -16.9% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 4, 2024 |
IVV vs SPIN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street US Equity Premium Income ETF (SPIN) is a ETF from State Street Investment Management. Over the past year IVV returned +23.70% while SPIN returned +12.52%. Year to date, IVV is up 13.80% versus a gain of 3.81% for SPIN.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.5% for SPIN. 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 -16.9% for SPIN. 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 0.92. 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 SPIN charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 5.68% for SPIN.
Holdings Overlap
IVV and SPIN share 86 holdings out of 517 unique holdings combined, representing a 56.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SPIN | Difference |
|---|---|---|---|
| NVDA | 7.76% | 9.02% | 1.26% |
| AAPL | 7.44% | 5.97% | 1.47% |
| MSFT | 4.57% | 5.84% | 1.27% |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings IVV shares with SPIN Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or SPIN?
IVV has an expense ratio of 0.03% while SPIN charges 0.25%. IVV is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, IVV or SPIN?
Over the past year IVV returned +23.70% vs +12.52% for SPIN, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs +12.44% for SPIN. Past performance does not guarantee future results.
Which is riskier, IVV or SPIN?
IVV has been the more volatile fund at 15.1% annualized versus 9.5% for SPIN. Worst drawdown: IVV -56.5% vs SPIN -16.9%.
Should I hold both IVV and SPIN?
IVV and SPIN have a monthly-return correlation of 0.92, 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 SPIN?
IVV and SPIN share 86 common holdings with a 56.8% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, IVV or SPIN?
IVV yields 1.09% while SPIN yields 5.68%, so SPIN currently pays the higher dividend yield.
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