IVV vs SPPP

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVSPPPWinner
Expense Ratio0.03%1.01%
AUM$865.2B$573M
Dividend Yield1.09%0.00%
Holdings5084
YTD Return+13.43%-18.68%
1Y Return+22.61%+18.61%
3Y Return (annualized)+21.47%+8.91%
5Y Return (annualized)+13.26%-4.65%
Volatility (annualized)15.1%24.1%
Max Drawdown-56.5%-59.1%
Fund FamilyiShares by BlackRock (US)Sprott Asset Management LP
CategoryEquityCommodity
InceptionMay 15, 2000Dec 18, 2012

IVV vs SPPP Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Sprott Physical Platinum and Palladium Trust (SPPP) is a ETF from Sprott Asset Management LP. Over the past year IVV returned +22.61% while SPPP returned +18.61%. Year to date, IVV is up 13.43% versus a loss of 18.68% for SPPP.

Over three years, IVV compounded at +21.47% per year against +8.91% for SPPP; over five years the annualized figures are +13.26% and -4.65% respectively. Across the full 14-year window we track, IVV has the edge at +7.03% annualized vs +2.65%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPPP has been the more volatile fund, with annualized monthly volatility of 24.1% 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 -59.1% for SPPP. 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while SPPP charges 1.01%. On a $10,000 position that is $3 vs $101 annually, a gap of $98 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for SPPP.

Frequently Asked Questions

Which is cheaper, IVV or SPPP?

IVV has an expense ratio of 0.03% while SPPP charges 1.01%. IVV is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which performed better, IVV or SPPP?

Over the past year IVV returned +22.61% vs +18.61% for SPPP, so IVV leads on 1-year performance. Over the longest common window we track (14 years), IVV annualized +7.03% vs +2.65% for SPPP. Past performance does not guarantee future results.

Which is riskier, IVV or SPPP?

SPPP has been the more volatile fund at 24.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SPPP -59.1%.

Should I hold both IVV and SPPP?

IVV and SPPP have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IVV or SPPP?

IVV yields 1.09% while SPPP yields 0.00%, so IVV currently pays the higher dividend yield.

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