IVV vs SPTB
iShares Core S&P 500 ETF vs State Street SPDR Portfolio Treasury ETF
Which is better, IVV or SPTB?
IVV has been ahead.
IVV led over 1Y and the full window.
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 | SPTB |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $477M |
| Dividend Yield | 1.06% | 4.21% |
| Holdings | 508 | 286 |
| YTD Return | +12.39%Best | -1.46% |
| 1Y Return | +16.61%Best | -0.78% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 11.8% | 3.9%Best |
| Max Drawdown | -18.8% | -5.0%Best |
| $10,000 over 2.3 years | $14,713Best | $10,637 |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Money Market |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | May 20, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 21, 2024 to Sep 18, 2026 (2.3 years).
IVV vs SPTB 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 2.3 years both funds cover.
IVV vs SPTB Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR Portfolio Treasury ETF (SPTB) is an ETF from State Street Investment Management. Over the past year IVV returned +16.61% while SPTB returned -0.78%. Year to date, IVV is up 12.39% versus a loss of 1.46% for SPTB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 3.9% for SPTB. 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 -5.0% for SPTB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while SPTB charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 4.21% for SPTB.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in SPTB, totalling 99.3% and 0.9% 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 1 in SPTB, against full books of 508 and 286.
You are not choosing between two funds in isolation.
Whichever of IVV and SPTB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SPTB?
IVV has an expense ratio of 0.03% while SPTB charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SPTB?
Over the past year IVV returned +16.61% vs -0.78% for SPTB, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.28% vs +2.72% for SPTB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SPTB?
IVV has been the more volatile fund at 11.8% annualized versus 3.9% for SPTB. Worst drawdown: IVV -18.8% vs SPTB -5.0%.
Should I hold both IVV and SPTB?
IVV and SPTB have a monthly-return correlation of 0.22, 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 SPTB?
IVV yields 1.06% while SPTB yields 4.21%, so SPTB currently pays the higher dividend yield.
Is SPTB better than IVV?
IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.