IVV vs SPTE
iShares Core S&P 500 ETF vs SP Funds S&P Global Technology ETF
Quick Verdict
IVV has a lower expense ratio. SPTE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SPTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.55% | |
| AUM | $865.2B | $210M | |
| Dividend Yield | 1.09% | 0.70% | |
| Holdings | 508 | 102 | |
| YTD Return | +14.50% | +36.78% | |
| 1Y Return | +22.02% | +51.32% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 22.5% | |
| Max Drawdown | -56.5% | -25.6% | |
| Fund Family | iShares by BlackRock (US) | SP Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 30, 2023 |
IVV vs SPTE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and SP Funds S&P Global Technology ETF (SPTE) is a ETF from SP Funds. Over the past year IVV returned +22.02% while SPTE returned +51.32%. Year to date, IVV is up 14.50% versus a gain of 36.78% for SPTE.
Risk: Volatility and Drawdowns
SPTE has been the more volatile fund, with annualized monthly volatility of 22.5% 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 -25.6% for SPTE. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SPTE charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.70% for SPTE.
Holdings Overlap
IVV and SPTE share 59 holdings out of 549 unique holdings combined, representing a 33.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SPTE?
IVV has an expense ratio of 0.03% while SPTE charges 0.55%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, IVV or SPTE?
Over the past year IVV returned +22.02% vs +51.32% for SPTE, so SPTE leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.07% vs +39.49% for SPTE. Past performance does not guarantee future results.
Which is riskier, IVV or SPTE?
SPTE has been the more volatile fund at 22.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SPTE -25.6%.
Should I hold both IVV and SPTE?
IVV and SPTE have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SPTE?
IVV and SPTE share 59 common holdings with a 33.9% weight overlap. Combined, they hold 549 unique securities.
Which pays a higher dividend, IVV or SPTE?
IVV yields 1.09% while SPTE yields 0.70%, so IVV currently pays the higher dividend yield.
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