IVV vs TECB

IVV vs TECB

Which is better, IVV or TECB?

Large Cap Blend against Large Cap Growth.

IVV has a lower expense ratio. IVV led over 5Y, TECB over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.8%.

Lower Fees: IVVHigher Returns: splitLess Concentrated: IVV

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

MetricIVVTECB
Expense Ratio0.03%Best0.30%
AUM$876.4B$497M
Dividend Yield1.06%0.28%
Holdings508177
YTD Return+12.27%+27.96%Best
1Y Return+17.04%+29.30%Best
3Y Return (annualized)+21.24%+27.30%Best
5Y Return (annualized)+13.08%Best+12.90%
Volatility (annualized)17.1%Best21.8%
Max Drawdown-33.9%Best-41.6%
$10,000 over 5 years$18,490Best$18,343
Top 10 Weight37.8%Best40.8%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Growth
InceptionMay 15, 2000Jan 8, 2020

Volatility and max drawdown are measured over the window both funds cover: Jan 10, 2020 to Sep 17, 2026 (6.7 years).

IVV vs TECB 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 6.7 years both funds cover.

IVV vs TECB Performance

iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares US Tech Breakthrough Multisector ETF (TECB) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.04% while TECB returned +29.30%. Year to date, IVV is up 12.27% versus a gain of 27.96% for TECB.

Over three years, IVV compounded at +21.24% per year against +27.30% for TECB; over five years the annualized figures are +13.08% and +12.90% respectively. Across the full 7-year window we track, TECB has the edge at +18.49% annualized vs +14.89%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TECB has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 17.1% 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 -33.9% for IVV and -41.6% for TECB. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while TECB charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.28% for TECB.

Holdings Overlap

IVV already in TECB40.8%
TECB already in IVV90.2%

40.8% of IVV's money is in holdings TECB also owns. 90.2% of TECB's money is in holdings IVV also owns.

Most of TECB is already inside IVV. Owning both mostly buys the same companies twice.

56 positions in common, counted across the 490 positions we hold weights for in IVV and 171 in TECB, against full books of 508 and 177.

What only one of them owns

Measured across the 490 and 171 positions we hold weights for.

IVV holds 426 positions TECB does not, 57.8% of the fund.

Largest: AVGO 2.65%, GOOG 2.39%, MU 1.63%, TSLA 1.56%, JPM 1.44%

Top Shared Holdings

StockWeight in IVVWeight in TECBDifference
NVDANvidia Corp8.07%3.94%4.13%
AAPLApple, Inc7.02%3.78%3.24%
MSFTMicrosoft Corp5.69%4.46%1.23%
AMZNAmazon.Com Inc3.84%3.87%0.03%
GOOGLAlphabet Inc,class A3.00%3.37%0.37%
METAMeta Platforms Inc1.90%3.53%1.63%
PANWPalo Alto Networks, Inc0.47%4.84%4.37%
MRKMerck & Company Inc0.55%4.48%3.93%
VVisa Inc Class A0.95%4.07%3.12%
AMDAdvanced Micro Devices Inc1.16%3.70%2.54%

90.2% of TECB 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.

IVVTECB

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Frequently Asked Questions

Which is cheaper, IVV or TECB?

IVV has an expense ratio of 0.03% while TECB charges 0.30%. IVV is the cheaper option, by $27 a year on a $10,000 investment.

Which performed better, IVV or TECB?

Over the past year IVV returned +17.04% vs +29.30% for TECB, so TECB leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +14.89% vs +18.49% for TECB. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IVV or TECB?

TECB has been the more volatile fund at 21.8% annualized versus 17.1% for IVV. Worst drawdown: IVV -33.9% vs TECB -41.6%.

Should I hold both IVV and TECB?

IVV and TECB have a monthly-return correlation of 0.88, 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 TECB?

90.2% of TECB's money is in holdings IVV also owns. 90.2% of TECB's is in holdings IVV also owns. They hold 56 positions in common, counted across the 490 positions we hold weights for in IVV and 171 in TECB.

Which pays a higher dividend, IVV or TECB?

IVV yields 1.06% while TECB yields 0.28%, so IVV currently pays the higher dividend yield.

Is TECB better than IVV?

IVV has a lower expense ratio. IVV led over 5Y, TECB over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.