IVV vs SPXD
iShares Core S&P 500 ETF vs Xtrackers S&P 500 Diversified Sector Weight ETF
Which is better, IVV or SPXD?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. SPXD is less concentrated, with 15.6% of the fund in its ten largest positions against 37.9%.
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 | SPXD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.09% |
| AUM | $886.7B | $7M |
| Dividend Yield | 1.10% | 1.38% |
| Holdings | 508 | 507 |
| YTD Return | +12.70% | +14.26%Best |
| 1Y Return | +19.36%Best | +19.04% |
| 3Y Return (annualized) | +21.16% | - |
| 5Y Return (annualized) | +12.75% | - |
| Volatility (annualized) | 12.4% | 9.4%Best |
| Max Drawdown | -8.9% | -7.5%Best |
| $10,000 over 1.1 years | $12,154Best | $12,010 |
| Top 10 Weight | 37.9% | 15.6%Best |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jul 23, 2025 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 24, 2025 to Sep 8, 2026 (1.1 years).
IVV vs SPXD 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 1.1 years both funds cover.
IVV vs SPXD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) is an ETF from Xtrackers ETFs. Over the past year IVV returned +19.36% while SPXD returned +19.04%. Year to date, IVV is up 12.70% versus a gain of 14.26% for SPXD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 9.4% for SPXD. 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 -8.9% for IVV and -7.5% for SPXD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SPXD charges 0.09%. On a $10,000 position that is $3 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.38% for SPXD.
Holdings Overlap
98.8% of IVV's money is in holdings SPXD also owns. 98.0% of SPXD's money is in holdings IVV also owns.
Most of IVV is already inside SPXD. Owning both mostly buys the same companies twice.
494 positions in common, counted across the 504 positions we hold weights for in IVV and 503 in SPXD, against full books of 508 and 507.
What only one of them owns
Our book lists 2 positions for SPXD that do not appear in our book for IVV (0.5% of the fund), and 5 for IVV that do not appear in SPXD (0.7%).
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 SPXD | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 0.28% | 7.70% |
| AAPLApple Inc Ord | 6.86% | 0.98% | 5.88% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 1.19% | 4.25% |
| BRK.BBerkshire Hathaway, Inc., Class B | 1.43% | 3.76% | 2.33% |
| AMZNAmazon.Com Inc | 4.01% | 0.63% | 3.38% |
| GOOGL Alphabet Inc. Class A | 3.19% | 0.47% | 2.72% |
| AVGOBroadcom Inc | 2.98% | 0.34% | 2.64% |
| GOOGAlphabet, Inc., Class C | 2.56% | 0.38% | 2.18% |
| METAMeta Platform Inc | 1.94% | 0.68% | 1.26% |
| ABTAbbott Laboratories | 0.28% | 2.18% | 1.90% |
98.8% of IVV is already inside SPXD.
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 SPXD?
IVV has an expense ratio of 0.03% while SPXD charges 0.09%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, IVV or SPXD?
Over the past year IVV returned +19.36% vs +19.04% for SPXD, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +19.40% vs +18.12% for SPXD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SPXD?
IVV has been the more volatile fund at 12.4% annualized versus 9.4% for SPXD. Worst drawdown: IVV -8.9% vs SPXD -7.5%.
Should I hold both IVV and SPXD?
IVV and SPXD have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and SPXD?
98.8% of IVV's money is in holdings SPXD also owns. 98.0% of SPXD's is in holdings IVV also owns. They hold 494 positions in common, counted across the 504 positions we hold weights for in IVV and 503 in SPXD.
Which pays a higher dividend, IVV or SPXD?
IVV yields 1.10% while SPXD yields 1.38%, so SPXD currently pays the higher dividend yield.
Is SPXD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. SPXD is less concentrated, with 15.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.