IVV vs TNGY
iShares Core S&P 500 ETF vs Tortoise Energy Fund ETF
Quick Verdict
IVV has a lower expense ratio. TNGY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | TNGY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $907.0B | $569M | |
| Dividend Yield | 1.10% | 4.46% | |
| Holdings | 508 | 29 | |
| YTD Return | +12.71% | +27.07% | |
| 1Y Return | +21.89% | +30.95% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.6% | |
| Max Drawdown | -56.5% | -9.8% | |
| Fund Family | iShares by BlackRock (US) | Tortoise Capital | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 16, 2025 |
IVV vs TNGY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Tortoise Energy Fund ETF (TNGY) is a ETF from Tortoise Capital. Over the past year IVV returned +21.89% while TNGY returned +30.95%. Year to date, IVV is up 12.71% versus a gain of 27.07% for TNGY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.6% for TNGY. 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 -9.8% for TNGY. 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 -0.31. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TNGY charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 4.46% for TNGY.
Holdings Overlap
IVV and TNGY share 15 holdings out of 516 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or TNGY?
IVV has an expense ratio of 0.03% while TNGY charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or TNGY?
Over the past year IVV returned +21.89% vs +30.95% for TNGY, so TNGY leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs +23.68% for TNGY. Past performance does not guarantee future results.
Which is riskier, IVV or TNGY?
IVV has been the more volatile fund at 15.1% annualized versus 14.6% for TNGY. Worst drawdown: IVV -56.5% vs TNGY -9.8%.
Should I hold both IVV and TNGY?
IVV and TNGY have a monthly-return correlation of -0.31, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TNGY?
IVV and TNGY share 15 common holdings with a 2.8% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, IVV or TNGY?
IVV yields 1.10% while TNGY yields 4.46%, so TNGY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.