IVV vs TXNY
iShares Core S&P 500 ETF vs Northern Trust New York Intermediate Tax-Exempt Bond ETF
Which is better, IVV or TXNY?
Large Cap Blend against Municipal Bond.
IVV has a lower expense ratio.
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 | TXNY |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.09% |
| AUM | $896.5B | $7M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 47 |
| YTD Return | +12.15%Best | +2.04% |
| 1Y Return | +14.42% | - |
| 3Y Return (annualized) | +23.09% | - |
| 5Y Return (annualized) | +12.36% | - |
| Fund Family | iShares by BlackRock (US) | Northern Trust Asset Management |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal Bond |
| Inception | May 15, 2000 | Sep 22, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IVV vs TXNY 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 TXNY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Northern Trust New York Intermediate Tax-Exempt Bond ETF (TXNY) is an ETF from Northern Trust Asset Management. Year to date, IVV is up 12.15% versus a gain of 2.04% for TXNY.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while TXNY charges 0.09%. On a $10,000 position that is $3 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for TXNY.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 47 in TXNY, totalling 99.9% and 23.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 47 in TXNY, against full books of 508 and 47.
You are not choosing between two funds in isolation.
Whichever of IVV and TXNY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or TXNY?
IVV has an expense ratio of 0.03% while TXNY charges 0.09%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which pays a higher dividend, IVV or TXNY?
IVV yields 1.10% while TXNY yields 0.00%, so IVV currently pays the higher dividend yield.
Is TXNY better than IVV?
IVV has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.