IVV vs TNXT
iShares Core S&P 500 ETF vs T. Rowe Price Innovation Leaders ETF
Which is better, IVV or TNXT?
IVV costs less.
IVV has a lower expense ratio. TNXT is less concentrated, with 33.6% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | TNXT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.49% |
| AUM | $876.4B | $18M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 303 |
| YTD Return | +11.03% | +12.47%Best |
| 1Y Return | +15.62% | - |
| 3Y Return (annualized) | +20.81% | - |
| 5Y Return (annualized) | +12.61% | - |
| Top 10 Weight | 37.8% | 33.6%Best |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 28, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs TNXT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs TNXT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and T. Rowe Price Innovation Leaders ETF (TNXT) is an ETF from T.Rowe Price. Year to date, IVV is up 11.03% versus a gain of 12.47% for TNXT.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while TNXT charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for TNXT.
Holdings Overlap
54.5% of IVV's money is in holdings TNXT also owns. 64.5% of TNXT's money is in holdings IVV also owns.
The two portfolios partly overlap.
82 positions in common, counted across the 490 positions we hold weights for in IVV and 270 in TNXT, against full books of 508 and 303.
What only one of them owns
Our book lists 121 positions for TNXT that do not appear in our book for IVV (20.7% of the fund), and 400 for IVV that do not appear in TNXT (44.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TNXT | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 7.98% | 0.09% |
| AAPLApple, Inc | 7.02% | 5.27% | 1.75% |
| MSFTMicrosoft Corp | 5.69% | 3.72% | 1.97% |
| AMZNAmazon.Com Inc | 3.84% | 3.94% | 0.10% |
| AVGOBroadcom Inc | 2.65% | 2.90% | 0.25% |
| GOOGLAlphabet Inc,class A | 3.00% | 2.30% | 0.70% |
| GOOGAlphabet Inc | 2.39% | 2.10% | 0.29% |
| METAMeta Platforms Inc | 1.90% | 1.61% | 0.29% |
| AMDAdvanced Micro Devices Inc | 1.16% | 2.10% | 0.94% |
| MUMicron Technology, Inc. | 1.63% | 1.62% | 0.01% |
64.5% of TNXT is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or TNXT?
IVV has an expense ratio of 0.03% while TNXT charges 0.49%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
What is the holdings overlap between IVV and TNXT?
64.5% of TNXT's money is in holdings IVV also owns. 64.5% of TNXT's is in holdings IVV also owns. They hold 82 positions in common, counted across the 490 positions we hold weights for in IVV and 270 in TNXT.
Which pays a higher dividend, IVV or TNXT?
IVV yields 1.06% while TNXT yields 0.00%, so IVV currently pays the higher dividend yield.
Is TNXT better than IVV?
IVV has a lower expense ratio. TNXT is less concentrated, with 33.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.