IVV vs WISE
IVV vs WISE
iShares Core S&P 500 ETF vs Themes Generative Artificial Intelligence ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | WISE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $865.2B | $26M | |
| Dividend Yield | 1.09% | 4.16% | |
| Holdings | 508 | 48 | |
| YTD Return | +13.80% | -4.52% | |
| 1Y Return | +23.70% | +4.34% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 31.7% | |
| Max Drawdown | -56.5% | -39.1% | |
| Fund Family | iShares by BlackRock (US) | Themes ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 8, 2023 |
IVV vs WISE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Themes Generative Artificial Intelligence ETF (WISE) is a ETF from Themes ETFs. Over the past year IVV returned +23.70% while WISE returned +4.34%. Year to date, IVV is up 13.80% versus a loss of 4.52% for WISE.
Risk: Volatility and Drawdowns
WISE has been the more volatile fund, with annualized monthly volatility of 31.7% compared with 15.1% 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 -56.5% for IVV and -39.1% for WISE. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while WISE charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.16% for WISE.
Holdings Overlap
IVV and WISE share 8 holdings out of 538 unique holdings combined, representing a 16.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in WISE | Difference |
|---|---|---|---|
| NVDA | 7.76% | 4.91% | 2.85% |
| AMZN | 3.75% | 3.63% | 0.12% |
| AVGO | 2.83% | 3.46% | 0.63% |
| AMD | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| PLTR | Pro | Pro | Pro |
| ORCL | Pro | Pro | Pro |
| ANET | Pro | Pro | Pro |
See all 8 holdings IVV shares with WISE Exact weights in each fund and the difference, for every overlapping position. X-ray my whole portfolio$99/yr Pro · 7-day refund | |||
Frequently Asked Questions
Which is cheaper, IVV or WISE?
IVV has an expense ratio of 0.03% while WISE charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or WISE?
Over the past year IVV returned +23.70% vs +4.34% for WISE, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +18.29% for WISE. Past performance does not guarantee future results.
Which is riskier, IVV or WISE?
WISE has been the more volatile fund at 31.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs WISE -39.1%.
Should I hold both IVV and WISE?
IVV and WISE have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and WISE?
IVV and WISE share 8 common holdings with a 16.6% weight overlap. Combined, they hold 538 unique securities.
Which pays a higher dividend, IVV or WISE?
IVV yields 1.09% while WISE yields 4.16%, so WISE currently pays the higher dividend yield.
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