IVV vs TEC
IVV vs TEC
iShares Core S&P 500 ETF vs Harbor Transformative Technologies ETF
Quick Verdict
IVV has a lower expense ratio. TEC delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TEC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.69% | |
| AUM | $865.2B | $6M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 43 | |
| YTD Return | +13.80% | +20.00% | |
| 1Y Return | +23.70% | +32.06% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 22.8% | |
| Max Drawdown | -56.5% | -17.5% | |
| Fund Family | iShares by BlackRock (US) | Harbor Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 16, 2025 |
IVV vs TEC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Harbor Transformative Technologies ETF (TEC) is a ETF from Harbor Funds. Over the past year IVV returned +23.70% while TEC returned +32.06%. Year to date, IVV is up 13.80% versus a gain of 20.00% for TEC.
Risk: Volatility and Drawdowns
TEC has been the more volatile fund, with annualized monthly volatility of 22.8% 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 -17.5% for TEC. 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 0.91. 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 TEC charges 0.69%. On a $10,000 position that is $3 vs $69 annually, a gap of $66 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for TEC.
Holdings Overlap
IVV and TEC share 28 holdings out of 519 unique holdings combined, representing a 38.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TEC | Difference |
|---|---|---|---|
| NVDA | 7.76% | 7.95% | 0.19% |
| AAPL | 7.44% | 7.97% | 0.53% |
| AVGO | 2.83% | 7.22% | 4.39% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| ANET | Pro | Pro | Pro |
See all 10 holdings IVV shares with TEC Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or TEC?
IVV has an expense ratio of 0.03% while TEC charges 0.69%. IVV is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, IVV or TEC?
Over the past year IVV returned +23.70% vs +32.06% for TEC, so TEC leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +52.61% for TEC. Past performance does not guarantee future results.
Which is riskier, IVV or TEC?
TEC has been the more volatile fund at 22.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TEC -17.5%.
Should I hold both IVV and TEC?
IVV and TEC have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and TEC?
IVV and TEC share 28 common holdings with a 38.9% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, IVV or TEC?
IVV yields 1.09% while TEC yields 0.00%, so IVV currently pays the higher dividend yield.
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