IVV vs TYLG
iShares Core S&P 500 ETF vs Global X Information Technology Covered Call & Growth ETF
Which is better, IVV or TYLG?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. TYLG led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 81.6%.
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 | TYLG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $15M |
| Dividend Yield | 1.06% | 8.68% |
| Holdings | 508 | 77 |
| YTD Return | +11.51% | +22.48%Best |
| 1Y Return | +15.96% | +30.69%Best |
| 3Y Return (annualized) | +21.01% | +23.82%Best |
| 5Y Return (annualized) | +12.66% | - |
| Volatility (annualized) | 13.0%Best | 15.8% |
| Max Drawdown | -18.8%Best | -24.5% |
| $10,000 over 3.8 years | $19,905 | $23,320Best |
| Top 10 Weight | 37.8%Best | 81.6% |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Nov 21, 2022 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 22, 2022 to Sep 15, 2026 (3.8 years).
IVV vs TYLG 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 covers the 3.8 years both funds cover.
IVV vs TYLG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X Information Technology Covered Call & Growth ETF (TYLG) is an ETF from Global X by mirae Asset. Over the past year IVV returned +15.96% while TYLG returned +30.69%. Year to date, IVV is up 11.51% versus a gain of 22.48% for TYLG.
Over three years, IVV compounded at +21.01% per year against +23.82% for TYLG. Across the full 4-year window we track, TYLG has the edge at +24.96% annualized vs +19.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYLG has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 13.0% 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 -18.8% for IVV and -24.5% for TYLG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TYLG charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 8.68% for TYLG.
Holdings Overlap
37.6% of IVV's money is in holdings TYLG also owns. 46.5% of TYLG's money is in holdings IVV also owns.
The two portfolios partly overlap.
72 positions in common, counted across the 490 positions we hold weights for in IVV and 74 in TYLG, against full books of 508 and 77.
What only one of them owns
Measured across the 490 and 74 positions we hold weights for.
IVV holds 410 positions TYLG does not, 61.0% of the fund.
Largest: AMZN 3.84%, GOOGL 3.00%, GOOG 2.39%, META 1.90%, TSLA 1.56%
Top Shared Holdings
| Stock | Weight in IVV | Weight in TYLG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 6.74% | 1.33% |
| AAPLApple, Inc | 7.02% | 6.11% | 0.91% |
| MSFTMicrosoft Corp | 5.69% | 4.77% | 0.92% |
| AVGOBroadcom Inc | 2.65% | 2.24% | 0.41% |
| MUMicron Technology, Inc. | 1.63% | 1.85% | 0.22% |
| AMDAdvanced Micro Devices Inc | 1.16% | 1.83% | 0.67% |
| INTCIntel Corporation | 0.67% | 1.37% | 0.70% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 1.35% | 0.69% |
| PLTRPalantir Technologies Inc | 0.65% | 1.29% | 0.64% |
| LRCXLam Research Corp | 0.57% | 1.13% | 0.56% |
46.5% of TYLG 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.
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Frequently Asked Questions
Which is cheaper, IVV or TYLG?
IVV has an expense ratio of 0.03% while TYLG charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or TYLG?
Over the past year IVV returned +15.96% vs +30.69% for TYLG, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +19.86% vs +24.96% for TYLG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TYLG?
TYLG has been the more volatile fund at 15.8% annualized versus 13.0% for IVV. Worst drawdown: IVV -18.8% vs TYLG -24.5%.
Should I hold both IVV and TYLG?
IVV and TYLG have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and TYLG?
46.5% of TYLG's money is in holdings IVV also owns. 46.5% of TYLG's is in holdings IVV also owns. They hold 72 positions in common, counted across the 490 positions we hold weights for in IVV and 74 in TYLG.
Which pays a higher dividend, IVV or TYLG?
IVV yields 1.06% while TYLG yields 8.68%, so TYLG currently pays the higher dividend yield.
Is TYLG better than IVV?
IVV has a lower expense ratio. TYLG led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 81.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.