IVV vs SPSK

IVV vs SPSK

Which is better, IVV or SPSK?

IVV has been ahead.

IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.

Lower Fees: IVVHigher Returns: IVV

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

MetricIVVSPSK
Expense Ratio0.03%Best0.50%
AUM$876.4B$660M
Dividend Yield1.06%4.60%
Holdings508170
YTD Return+13.32%Best-1.48%
1Y Return+17.08%Best-0.64%
3Y Return (annualized)+22.72%Best+3.91%
5Y Return (annualized)+13.20%Best+0.54%
Volatility (annualized)16.9%4.7%Best
Max Drawdown-33.9%-13.1%Best
$10,000 over 5 years$18,588Best$10,273
Fund FamilyiShares by BlackRock (US)SP Funds
CategoryEquityFixed Income
StyleLarge Cap Blend-
InceptionMay 15, 2000Dec 27, 2019

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Dec 30, 2019 to Sep 23, 2026 (6.7 years).

IVV vs SPSK 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

IVV vs SPSK Performance

iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and SP Funds Dow Jones Global Sukuk ETF (SPSK) is an ETF from SP Funds. Over the past year IVV returned +17.08% while SPSK returned -0.64%. Year to date, IVV is up 13.32% versus a loss of 1.48% for SPSK.

Over three years, IVV compounded at +22.72% per year against +3.91% for SPSK; over five years the annualized figures are +13.20% and +0.54% respectively. Across the full 7-year window we track, IVV has the edge at +15.18% annualized vs +0.49%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 4.7% for SPSK. 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 -33.9% for IVV and -13.1% for SPSK. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.

Fees and Cost Over Time

IVV charges 0.03% per year while SPSK charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.60% for SPSK.

Holdings Overlap

We hold position weights for 490 holdings in IVV and 10 in SPSK, totalling 99.3% and 5.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 490 positions we hold weights for in IVV and 10 in SPSK, against full books of 508 and 170.

You are not choosing between two funds in isolation.

Whichever of IVV and SPSK you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IVVSPSK

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IVV or SPSK?

IVV has an expense ratio of 0.03% while SPSK charges 0.50%. IVV is the cheaper option, by $47 a year on a $10,000 investment.

Which performed better, IVV or SPSK?

Over the past year IVV returned +17.08% vs -0.64% for SPSK, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.18% vs +0.49% for SPSK. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IVV or SPSK?

IVV has been the more volatile fund at 16.9% annualized versus 4.7% for SPSK. Worst drawdown: IVV -33.9% vs SPSK -13.1%.

Should I hold both IVV and SPSK?

IVV and SPSK have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, IVV or SPSK?

IVV yields 1.06% while SPSK yields 4.60%, so SPSK currently pays the higher dividend yield.

Is SPSK better than IVV?

IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.