IVV vs TDVI
iShares Core S&P 500 ETF vs FT Vest Technology Dividend Target Income ETF
Quick Verdict
IVV has a lower expense ratio. TDVI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TDVI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.75% | |
| AUM | $907.0B | $569M | |
| Dividend Yield | 1.10% | 7.62% | |
| Holdings | 508 | 97 | |
| YTD Return | +12.28% | +14.20% | |
| 1Y Return | +20.94% | +22.07% | |
| 3Y Return (annualized) | +21.81% | +16.70% | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 23.0% | |
| Max Drawdown | -56.5% | -25.9% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Aug 9, 2023 |
IVV vs TDVI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and FT Vest Technology Dividend Target Income ETF (TDVI) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +20.94% while TDVI returned +22.07%. Year to date, IVV is up 12.28% versus a gain of 14.20% for TDVI.
Over three years, IVV compounded at +21.81% per year against +16.70% for TDVI. Across the full 3-year window we track, TDVI has the edge at +16.07% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDVI has been the more volatile fund, with annualized monthly volatility of 23.0% 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 -25.9% for TDVI. 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 0.83. 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 1.10% against 7.62% for TDVI.
Holdings Overlap
IVV and TDVI share 34 holdings out of 564 unique holdings combined, representing a 13.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $72 per year of difference.
Which performed better, IVV or TDVI?
Over the past year IVV returned +20.94% vs +22.07% for TDVI, so TDVI leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +6.98% vs +16.07% for TDVI. Past performance does not guarantee future results.
Which is riskier, IVV or TDVI?
TDVI has been the more volatile fund at 23.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TDVI -25.9%.
Should I hold both IVV and TDVI?
IVV and TDVI have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TDVI?
IVV and TDVI share 34 common holdings with a 13.6% weight overlap. Combined, they hold 564 unique securities.
Which pays a higher dividend, IVV or TDVI?
IVV yields 1.10% while TDVI yields 7.62%, so TDVI currently pays the higher dividend yield.
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