IVV vs TCAI
iShares Core S&P 500 ETF vs Tortoise AI Infrastructure ETF
Quick Verdict
IVV has a lower expense ratio. TCAI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TCAI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.65% | |
| AUM | $907.0B | $245M | |
| Dividend Yield | 1.10% | 0.03% | |
| Holdings | 508 | 51 | |
| YTD Return | +12.71% | +49.26% | |
| 1Y Return | +21.89% | +86.88% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 46.5% | |
| Max Drawdown | -56.5% | -28.8% | |
| Fund Family | iShares by BlackRock (US) | Tortoise Capital | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Aug 4, 2025 |
IVV vs TCAI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Tortoise AI Infrastructure ETF (TCAI) is a ETF from Tortoise Capital. Over the past year IVV returned +21.89% while TCAI returned +86.88%. Year to date, IVV is up 12.71% versus a gain of 49.26% for TCAI.
Risk: Volatility and Drawdowns
TCAI has been the more volatile fund, with annualized monthly volatility of 46.5% 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 -28.8% for TCAI. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TCAI charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.03% for TCAI.
Holdings Overlap
IVV and TCAI share 26 holdings out of 529 unique holdings combined, representing a 6.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TCAI?
IVV has an expense ratio of 0.03% while TCAI charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IVV or TCAI?
Over the past year IVV returned +21.89% vs +86.88% for TCAI, so TCAI leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs +79.32% for TCAI. Past performance does not guarantee future results.
Which is riskier, IVV or TCAI?
TCAI has been the more volatile fund at 46.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TCAI -28.8%.
Should I hold both IVV and TCAI?
IVV and TCAI have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TCAI?
IVV and TCAI share 26 common holdings with a 6.8% weight overlap. Combined, they hold 529 unique securities.
Which pays a higher dividend, IVV or TCAI?
IVV yields 1.10% while TCAI yields 0.03%, so IVV currently pays the higher dividend yield.
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