IVV vs TEKX
iShares Core S&P 500 ETF vs State Street Galaxy Transformative Tech Accelerators ETF
Quick Verdict
IVV has a lower expense ratio. TEKX delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TEKX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.65% | |
| AUM | $865.2B | $16M | |
| Dividend Yield | 1.09% | 0.20% | |
| Holdings | 508 | 71 | |
| YTD Return | +13.72% | +57.17% | |
| 1Y Return | +21.64% | +98.24% | |
| 3Y Return (annualized) | +21.55% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 47.4% | |
| Max Drawdown | -56.5% | -43.8% | |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 9, 2024 |
IVV vs TEKX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street Galaxy Transformative Tech Accelerators ETF (TEKX) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +21.64% while TEKX returned +98.24%. Year to date, IVV is up 13.72% versus a gain of 57.17% for TEKX.
Risk: Volatility and Drawdowns
TEKX has been the more volatile fund, with annualized monthly volatility of 47.4% 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 -43.8% for TEKX. 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 TEKX charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.20% for TEKX.
Holdings Overlap
IVV and TEKX share 19 holdings out of 520 unique holdings combined, representing a 15.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TEKX?
IVV has an expense ratio of 0.03% while TEKX charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IVV or TEKX?
Over the past year IVV returned +21.64% vs +98.24% for TEKX, so TEKX leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +70.16% for TEKX. Past performance does not guarantee future results.
Which is riskier, IVV or TEKX?
TEKX has been the more volatile fund at 47.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TEKX -43.8%.
Should I hold both IVV and TEKX?
IVV and TEKX 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 TEKX?
IVV and TEKX share 19 common holdings with a 15.3% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, IVV or TEKX?
IVV yields 1.09% while TEKX yields 0.20%, so IVV currently pays the higher dividend yield.
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