IVV vs SPTS
iShares Core S&P 500 ETF vs State Street SPDR Portfolio Short Term Treasury ETF
Quick Verdict
IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | SPTS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $907.0B | $6.1B | |
| Dividend Yield | 1.10% | 3.88% | |
| Holdings | 508 | 100 | |
| YTD Return | +14.29% | +1.18% | |
| 1Y Return | +21.79% | +3.02% | |
| 3Y Return (annualized) | +22.19% | +4.30% | |
| 5Y Return (annualized) | +13.28% | +1.90% | |
| Volatility (annualized) | 15.1% | 2.6% | |
| Max Drawdown | -56.5% | -8.9% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Nov 30, 2011 |
IVV vs SPTS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR Portfolio Short Term Treasury ETF (SPTS) is a ETF from State Street Investment Management. Over the past year IVV returned +21.79% while SPTS returned +3.02%. Year to date, IVV is up 14.29% versus a gain of 1.18% for SPTS.
Over three years, IVV compounded at +22.19% per year against +4.30% for SPTS; over five years the annualized figures are +13.28% and +1.90% respectively. Across the full 15-year window we track, IVV has the edge at +7.06% annualized vs +0.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 2.6% for SPTS. 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 -8.9% for SPTS. 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 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SPTS charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.10% against 3.88% for SPTS.
Holdings Overlap
IVV and SPTS share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SPTS?
IVV has an expense ratio of 0.03% while SPTS charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or SPTS?
Over the past year IVV returned +21.79% vs +3.02% for SPTS, so IVV leads on 1-year performance. Over the longest common window we track (15 years), IVV annualized +7.06% vs +0.79% for SPTS. Past performance does not guarantee future results.
Which is riskier, IVV or SPTS?
IVV has been the more volatile fund at 15.1% annualized versus 2.6% for SPTS. Worst drawdown: IVV -56.5% vs SPTS -8.9%.
Should I hold both IVV and SPTS?
IVV and SPTS have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SPTS?
IVV and SPTS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or SPTS?
IVV yields 1.10% while SPTS yields 3.88%, so SPTS currently pays the higher dividend yield.
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