IVV vs WISE
iShares Core S&P 500 ETF vs Themes Generative Artificial Intelligence ETF
Which is better, IVV or WISE?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.4%.
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 | WISE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $28M |
| Dividend Yield | 1.06% | 4.43% |
| Holdings | 508 | 48 |
| YTD Return | +12.39%Best | -12.84% |
| 1Y Return | +16.61%Best | -17.09% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 11.8%Best | 30.9% |
| Max Drawdown | -18.8%Best | -39.1% |
| $10,000 over 2.8 years | $17,267Best | $14,319 |
| Top 10 Weight | 37.8%Best | 52.4% |
| Fund Family | iShares by BlackRock (US) | Themes ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Dec 8, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 8, 2023 to Sep 18, 2026 (2.8 years).
IVV vs WISE 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 2.8 years both funds cover.
IVV vs WISE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Themes Generative Artificial Intelligence ETF (WISE) is an ETF from Themes ETFs. Over the past year IVV returned +16.61% while WISE returned -17.09%. Year to date, IVV is up 12.39% versus a loss of 12.84% for WISE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WISE has been the more volatile fund, with annualized monthly volatility of 30.9% compared with 11.8% 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 -39.1% for WISE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 4.43% for WISE.
Holdings Overlap
20.1% of IVV's money is in holdings WISE also owns. 35.1% of WISE's money is in holdings IVV also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 490 positions we hold weights for in IVV and 41 in WISE, against full books of 508 and 48.
What only one of them owns
Our book lists 22 positions for WISE that do not appear in our book for IVV (42.4% of the fund), and 474 for IVV that do not appear in WISE (78.6%).
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 WISE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 5.43% | 2.64% |
| AMDAdvanced Micro Devices Inc | 1.16% | 9.73% | 8.57% |
| AMZNAmazon.Com Inc | 3.84% | 4.11% | 0.27% |
| AVGOBroadcom Inc | 2.65% | 3.67% | 1.02% |
| PLTRPalantir Technologies Inc | 0.65% | 5.39% | 4.74% |
| GOOGLAlphabet Inc,class A | 3.00% | 3.01% | 0.01% |
| ANETArista Networks Inc Common Stock | 0.30% | 2.07% | 1.77% |
| ORCLOracle Corp - Common | 0.38% | 1.71% | 1.33% |
35.1% of WISE 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 WISE?
IVV has an expense ratio of 0.03% while WISE charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or WISE?
Over the past year IVV returned +16.61% vs -17.09% for WISE, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or WISE?
WISE has been the more volatile fund at 30.9% annualized versus 11.8% for IVV. Worst drawdown: IVV -18.8% vs WISE -39.1%.
Should I hold both IVV and WISE?
IVV and WISE have a monthly-return correlation of 0.73, 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 WISE?
35.1% of WISE's money is in holdings IVV also owns. 35.1% of WISE's is in holdings IVV also owns. They hold 8 positions in common, counted across the 490 positions we hold weights for in IVV and 41 in WISE.
Which pays a higher dividend, IVV or WISE?
IVV yields 1.06% while WISE yields 4.43%, so WISE currently pays the higher dividend yield.
Is WISE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.