IVV vs TMET
iShares Core S&P 500 ETF vs iShares Transition-Enabling Metals ETF
Quick Verdict
IVV has a lower expense ratio. TMET delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TMET | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.48% | |
| AUM | $907.0B | $13M | |
| Dividend Yield | 1.10% | 12.93% | |
| Holdings | 508 | 20 | |
| YTD Return | +12.71% | +12.70% | |
| 1Y Return | +21.89% | +63.60% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 22.4% | |
| Max Drawdown | -56.5% | -22.2% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Commodity | |
| Inception | May 15, 2000 | Sep 26, 2023 |
IVV vs TMET Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Transition-Enabling Metals ETF (TMET) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.89% while TMET returned +63.60%. Year to date, IVV is up 12.71% versus a gain of 12.70% for TMET.
Risk: Volatility and Drawdowns
TMET has been the more volatile fund, with annualized monthly volatility of 22.4% 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 -22.2% for TMET. 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 -0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TMET charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 12.93% for TMET.
Holdings Overlap
IVV and TMET share 1 holdings out of 506 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TMET | Difference |
|---|---|---|---|
| XTSLA | 0.15% | 65.60% | 65.45% |
Frequently Asked Questions
Which is cheaper, IVV or TMET?
IVV has an expense ratio of 0.03% while TMET charges 0.48%. IVV is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, IVV or TMET?
Over the past year IVV returned +21.89% vs +63.60% for TMET, so TMET leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.00% vs +40.68% for TMET. Past performance does not guarantee future results.
Which is riskier, IVV or TMET?
TMET has been the more volatile fund at 22.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TMET -22.2%.
Should I hold both IVV and TMET?
IVV and TMET have a monthly-return correlation of -0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TMET?
IVV and TMET share 1 common holdings with a 0.1% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or TMET?
IVV yields 1.10% while TMET yields 12.93%, so TMET currently pays the higher dividend yield.
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