IVV vs TIPX
iShares Core S&P 500 ETF vs State Street SPDR Bloomberg 1-10 Year TIPS ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TIPX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $2.0B | |
| Dividend Yield | 1.09% | 4.56% | |
| Holdings | 508 | 34 | |
| YTD Return | +13.80% | +0.52% | |
| 1Y Return | +23.01% | +1.60% | |
| 3Y Return (annualized) | +21.77% | +4.52% | |
| 5Y Return (annualized) | +13.39% | +1.68% | |
| Volatility (annualized) | 15.1% | 3.9% | |
| Max Drawdown | -56.5% | -10.1% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | May 29, 2013 |
IVV vs TIPX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX) is a ETF from State Street Investment Management. Over the past year IVV returned +23.01% while TIPX returned +1.60%. Year to date, IVV is up 13.80% versus a gain of 0.52% for TIPX.
Over three years, IVV compounded at +21.77% per year against +4.52% for TIPX; over five years the annualized figures are +13.39% and +1.68% respectively. Across the full 13-year window we track, IVV has the edge at +7.04% annualized vs +1.27%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.9% for TIPX. 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 -10.1% for TIPX. 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TIPX charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.56% for TIPX.
Holdings Overlap
IVV and TIPX share 0 holdings out of 534 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TIPX?
IVV has an expense ratio of 0.03% while TIPX charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IVV or TIPX?
Over the past year IVV returned +23.01% vs +1.60% for TIPX, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.04% vs +1.27% for TIPX. Past performance does not guarantee future results.
Which is riskier, IVV or TIPX?
IVV has been the more volatile fund at 15.1% annualized versus 3.9% for TIPX. Worst drawdown: IVV -56.5% vs TIPX -10.1%.
Should I hold both IVV and TIPX?
IVV and TIPX have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TIPX?
IVV and TIPX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 534 unique securities.
Which pays a higher dividend, IVV or TIPX?
IVV yields 1.09% while TIPX yields 4.56%, so TIPX currently pays the higher dividend yield.
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