IVV vs TDIV
iShares Core S&P 500 ETF vs First Trust NASDAQ Technology Dividend Index Fund
Which is better, IVV or TDIV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, TDIV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 50.3%.
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 | TDIV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.50% |
| AUM | $876.4B | $4.4B |
| Dividend Yield | 1.06% | 1.37% |
| Holdings | 508 | 192 |
| YTD Return | +14.15% | +19.79%Best |
| 1Y Return | +17.31%Best | +16.96% |
| 3Y Return (annualized) | +23.17% | +28.72%Best |
| 5Y Return (annualized) | +13.85% | +17.30%Best |
| Volatility (annualized) | 14.2%Best | 16.9% |
| Max Drawdown | -33.9% | -32.0%Best |
| $10,000 over 5 years | $19,128 | $22,207Best |
| Top 10 Weight | 37.8%Best | 50.3% |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Aug 13, 2012 |
Volatility and max drawdown are measured over the window both funds cover: Aug 14, 2012 to Sep 21, 2026 (14.1 years).
IVV vs TDIV 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 14.1 years both funds cover.
IVV vs TDIV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +17.31% while TDIV returned +16.96%. Year to date, IVV is up 14.15% versus a gain of 19.79% for TDIV.
Over three years, IVV compounded at +23.17% per year against +28.72% for TDIV; over five years the annualized figures are +13.85% and +17.30% respectively. Across the full 14-year window we track, TDIV has the edge at +14.09% annualized vs +13.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDIV has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.2% 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 -32.0% for TDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 TDIV charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.37% for TDIV.
Holdings Overlap
14.4% of IVV's money is in holdings TDIV also owns. 77.9% of TDIV's money is in holdings IVV also owns.
Most of TDIV is already inside IVV. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 490 positions we hold weights for in IVV and 93 in TDIV, against full books of 508 and 192.
What only one of them owns
Our book lists 36 positions for TDIV that do not appear in our book for IVV (5.0% of the fund), and 449 for IVV that do not appear in TDIV (84.2%).
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 TDIV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.69% | 9.66% | 3.97% |
| AVGOBroadcom Inc | 2.65% | 7.11% | 4.46% |
| IBMInternational Business Machines Corp. | 0.33% | 6.74% | 6.41% |
| TXNTexas Instrument Inc | 0.36% | 6.19% | 5.83% |
| ORCLOracle Corp - Common | 0.38% | 5.44% | 5.06% |
| QCOMQualcomm Inc. | 0.27% | 2.91% | 2.64% |
| CRMSalesforce Inc Crm Us Equity | 0.32% | 2.82% | 2.50% |
| ADIAnalog Devices, Inc. | 0.27% | 2.62% | 2.35% |
| AMATApplied Materials, Inc. | 0.55% | 2.25% | 1.70% |
| MSIMotorola Solutions, Inc | 0.12% | 2.58% | 2.46% |
77.9% of TDIV is already inside IVV.
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 TDIV?
IVV has an expense ratio of 0.03% while TDIV charges 0.50%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, IVV or TDIV?
Over the past year IVV returned +17.31% vs +16.96% for TDIV, so IVV leads on 1-year performance. Over the longest common window we track (14 years), IVV annualized +13.48% vs +14.09% for TDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TDIV?
TDIV has been the more volatile fund at 16.9% annualized versus 14.2% for IVV. Worst drawdown: IVV -33.9% vs TDIV -32.0%.
Should I hold both IVV and TDIV?
IVV and TDIV have a monthly-return correlation of 0.90, 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 TDIV?
77.9% of TDIV's money is in holdings IVV also owns. 77.9% of TDIV's is in holdings IVV also owns. They hold 33 positions in common, counted across the 490 positions we hold weights for in IVV and 93 in TDIV.
Which pays a higher dividend, IVV or TDIV?
IVV yields 1.06% while TDIV yields 1.37%, so TDIV currently pays the higher dividend yield.
Is TDIV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, TDIV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.