IVV vs TDVI
iShares Core S&P 500 ETF vs FT Vest Technology Dividend Target Income ETF
Which is better, IVV or TDVI?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 1Y and the full window, TDVI over 3Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 50.4%.
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 | TDVI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $882.6B | $614M |
| Dividend Yield | 1.06% | 7.43% |
| Holdings | 508 | 192 |
| YTD Return | +14.90%Best | +13.98% |
| 1Y Return | +17.30%Best | +10.23% |
| 3Y Return (annualized) | +23.04% | +25.01%Best |
| 5Y Return (annualized) | +13.97% | - |
| Volatility (annualized) | 12.7%Best | 22.5% |
| Max Drawdown | -18.8%Best | -25.9% |
| $10,000 over 3.2 years | $18,331Best | $15,749 |
| Top 10 Weight | 38.1%Best | 50.4% |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Aug 9, 2023 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 10, 2023 to Oct 9, 2026 (3.2 years).
IVV vs TDVI 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 3.2 years both funds cover.
IVV vs TDVI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and FT Vest Technology Dividend Target Income ETF (TDVI) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +17.30% while TDVI returned +10.23%. Year to date, IVV is up 14.90% versus a gain of 13.98% for TDVI.
Over three years, IVV compounded at +23.04% per year against +25.01% for TDVI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDVI has been the more volatile fund, with annualized monthly volatility of 22.5% compared with 12.7% 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 -18.8% for IVV and -25.9% for TDVI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TDVI charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.43% for TDVI.
Holdings Overlap
14.4% of IVV's money is in holdings TDVI also owns. 76.5% of TDVI's money is in holdings IVV also owns.
Most of TDVI is already inside IVV. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 505 positions we hold weights for in IVV and 92 in TDVI, against full books of 508 and 192.
What only one of them owns
Our book lists 36 positions for TDVI that do not appear in our book for IVV (5.2% of the fund), and 464 for IVV that do not appear in TDVI (84.9%).
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 TDVI | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.57% | 9.47% | 3.90% |
| AVGOBroadcom Inc | 2.59% | 6.99% | 4.40% |
| IBMInternational Business Machines Corp. | 0.35% | 6.81% | 6.46% |
| TXNTexas Instrument Inc | 0.37% | 6.20% | 5.83% |
| ORCLOracle Corp - Common | 0.39% | 5.64% | 5.25% |
| QCOMQualcomm Inc. | 0.29% | 3.05% | 2.76% |
| CRMSalesforce Inc Crm Us Equity | 0.31% | 2.68% | 2.37% |
| ADIAnalog Devices, Inc. | 0.28% | 2.64% | 2.36% |
| AMATApplied Materials, Inc. | 0.55% | 2.25% | 1.70% |
| MSIMotorola Solutions, Inc | 0.12% | 2.49% | 2.37% |
76.5% of TDVI 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 TDVI?
IVV has an expense ratio of 0.03% while TDVI charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or TDVI?
Over the past year IVV returned +17.30% vs +10.23% for TDVI, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TDVI?
TDVI has been the more volatile fund at 22.5% annualized versus 12.7% for IVV. Worst drawdown: IVV -18.8% vs TDVI -25.9%.
Should I hold both IVV and TDVI?
IVV and TDVI have a monthly-return correlation of 0.83, 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 TDVI?
76.5% of TDVI's money is in holdings IVV also owns. 76.5% of TDVI's is in holdings IVV also owns. They hold 33 positions in common, counted across the 505 positions we hold weights for in IVV and 92 in TDVI.
Which pays a higher dividend, IVV or TDVI?
IVV yields 1.06% while TDVI yields 7.43%, so TDVI currently pays the higher dividend yield.
Is TDVI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window, TDVI over 3Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 50.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.