IVV vs SPTM
iShares Core S&P 500 ETF vs State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
Which is better, IVV or SPTM?
IVV has been ahead.
IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SPTM is less concentrated, with 34.9% of the fund in its ten largest positions against 37.8%.
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 | SPTM |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $14.1B |
| Dividend Yield | 1.06% | 1.04% |
| Holdings | 508 | 1,517 |
| YTD Return | +11.51% | +11.56%Best |
| 1Y Return | +15.96%Best | +15.88% |
| 3Y Return (annualized) | +21.01%Best | +20.37% |
| 5Y Return (annualized) | +12.66%Best | +12.20% |
| Volatility (annualized) | 14.6%Best | 14.8% |
| Max Drawdown | -33.9%Best | -35.1% |
| $10,000 over 5 years | $18,149Best | $17,781 |
| Top 10 Weight | 37.8% | 34.9%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Oct 4, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Feb 18, 2014 to Sep 15, 2026 (12.6 years).
IVV vs SPTM 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 12.6 years both funds cover.
IVV vs SPTM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an ETF from State Street Investment Management. Over the past year IVV returned +15.96% while SPTM returned +15.88%. Year to date, IVV is up 11.51% versus a gain of 11.56% for SPTM.
Over three years, IVV compounded at +21.01% per year against +20.37% for SPTM; over five years the annualized figures are +12.66% and +12.20% respectively. Across the full 13-year window we track, IVV has the edge at +12.57% annualized vs +12.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPTM has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.6% 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 -33.9% for IVV and -35.1% for SPTM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. 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 SPTM charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 1.04% for SPTM.
Holdings Overlap
97.6% of IVV's money is in holdings SPTM also owns. 90.2% of SPTM's money is in holdings IVV also owns.
Most of IVV is already inside SPTM. Owning both mostly buys the same companies twice.
477 positions in common, counted across the 490 positions we hold weights for in IVV and 1,500 in SPTM, against full books of 508 and 1,517.
What only one of them owns
Our book lists 550 positions for SPTM that do not appear in our book for IVV (8.3% of the fund), and 8 for IVV that do not appear in SPTM (1.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SPTM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 7.33% | 0.74% |
| AAPLApple, Inc | 7.02% | 6.54% | 0.48% |
| MSFTMicrosoft Corp | 5.69% | 5.31% | 0.38% |
| AMZNAmazon.Com Inc | 3.84% | 3.63% | 0.21% |
| GOOGLAlphabet Inc,class A | 3.00% | 2.83% | 0.17% |
| AVGOBroadcom Inc | 2.65% | 2.43% | 0.22% |
| GOOGAlphabet Inc | 2.39% | 2.25% | 0.14% |
| METAMeta Platforms Inc | 1.90% | 1.76% | 0.14% |
| MUMicron Technology, Inc. | 1.63% | 1.46% | 0.17% |
| TSLATesla Inc | 1.56% | 1.36% | 0.20% |
97.6% of IVV is already inside SPTM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SPTM?
IVV has an expense ratio of 0.03% while SPTM charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SPTM?
Over the past year IVV returned +15.96% vs +15.88% for SPTM, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +12.57% vs +12.17% for SPTM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SPTM?
SPTM has been the more volatile fund at 14.8% annualized versus 14.6% for IVV. Worst drawdown: IVV -33.9% vs SPTM -35.1%.
Should I hold both IVV and SPTM?
IVV and SPTM have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and SPTM?
97.6% of IVV's money is in holdings SPTM also owns. 90.2% of SPTM's is in holdings IVV also owns. They hold 477 positions in common, counted across the 490 positions we hold weights for in IVV and 1,500 in SPTM.
Which pays a higher dividend, IVV or SPTM?
IVV yields 1.06% while SPTM yields 1.04%, so IVV currently pays the higher dividend yield.
Is SPTM better than IVV?
IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SPTM is less concentrated, with 34.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.