IVV vs TLTX
iShares Core S&P 500 ETF vs Global X Treasury Bond Enhanced Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TLTX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $907.0B | $15M | |
| Dividend Yield | 1.10% | 19.42% | |
| Holdings | 508 | 17 | |
| YTD Return | +12.71% | -12.05% | |
| 1Y Return | +21.89% | -10.27% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 9.3% | |
| Max Drawdown | -56.5% | -17.0% | |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jul 15, 2025 |
IVV vs TLTX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Global X Treasury Bond Enhanced Income ETF (TLTX) is a ETF from Global X by mirae Asset. Over the past year IVV returned +21.89% while TLTX returned -10.27%. Year to date, IVV is up 12.71% versus a loss of 12.05% for TLTX.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.3% for TLTX. 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 -17.0% for TLTX. 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TLTX charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 19.42% for TLTX.
Holdings Overlap
IVV and TLTX share 0 holdings out of 506 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 TLTX?
IVV has an expense ratio of 0.03% while TLTX charges 0.29%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or TLTX?
Over the past year IVV returned +21.89% vs -10.27% for TLTX, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs -7.87% for TLTX. Past performance does not guarantee future results.
Which is riskier, IVV or TLTX?
IVV has been the more volatile fund at 15.1% annualized versus 9.3% for TLTX. Worst drawdown: IVV -56.5% vs TLTX -17.0%.
Should I hold both IVV and TLTX?
IVV and TLTX have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TLTX?
IVV and TLTX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or TLTX?
IVV yields 1.10% while TLTX yields 19.42%, so TLTX currently pays the higher dividend yield.
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