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. IVV led over 3Y, TYLG over 1Y and the full window.
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 | $850.0B | $13M |
| Dividend Yield | 1.09% | 8.86% |
| Holdings | 1,018 | 157 |
| YTD Return | +12.12% | +18.73%Best |
| 1Y Return | +12.53% | +19.12%Best |
| 3Y Return (annualized) | +21.54%Best | +20.72% |
| 5Y Return (annualized) | +11.93% | - |
| Volatility (annualized) | 12.8%Best | 16.0% |
| Max Drawdown | -18.8%Best | -24.5% |
| $10,000 over 4 years | $20,168 | $22,822Best |
| 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 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Nov 22, 2022 to Nov 11, 2026 (4 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 4 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 +12.53% while TYLG returned +19.12%. Year to date, IVV is up 12.12% versus a gain of 18.73% for TYLG.
Over three years, IVV compounded at +21.54% per year against +20.72% for TYLG. Across the full 4-year window we track, TYLG has the edge at +22.91% annualized vs +19.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYLG has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 12.8% 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 0.82. 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 1.09% against 8.86% for TYLG.
You are not choosing between two funds in isolation.
Whichever of IVV and TYLG 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 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 +12.53% vs +19.12% for TYLG, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +19.17% vs +22.91% 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 16.0% annualized versus 12.8% 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 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or TYLG?
IVV yields 1.09% while TYLG yields 8.86%, so TYLG currently pays the higher dividend yield.
Is TYLG better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, TYLG over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.