IVV vs XC
iShares Core S&P 500 ETF vs WisdomTree True Emerging Markets Fund
Which is better, IVV or XC?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% of the fund in its ten largest positions against 37.8%.
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 | XC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.32% |
| AUM | $876.4B | $81M |
| Dividend Yield | 1.06% | 11.93% |
| Holdings | 508 | 535 |
| YTD Return | +14.14%Best | -1.23% |
| 1Y Return | +17.30%Best | +2.65% |
| 3Y Return (annualized) | +23.04%Best | +11.60% |
| 5Y Return (annualized) | +13.63% | - |
| Volatility (annualized) | 13.2%Best | 13.8% |
| Max Drawdown | -18.8%Best | -21.0% |
| $10,000 over 4 years | $21,835Best | $15,148 |
| Top 10 Weight | 37.8% | 19.4%Best |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Sep 22, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 22, 2022 to Sep 22, 2026 (4 years).
IVV vs XC 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 XC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and WisdomTree True Emerging Markets Fund (XC) is an ETF from WisdomTree Investments. Over the past year IVV returned +17.30% while XC returned +2.65%. Year to date, IVV is up 14.14% versus a loss of 1.23% for XC.
Over three years, IVV compounded at +23.04% per year against +11.60% for XC. Across the full 4-year window we track, IVV has the edge at +21.56% annualized vs +10.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XC has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.2% 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 -21.0% for XC. 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 XC charges 0.32%. On a $10,000 position that is $3 vs $32 annually, a gap of $29 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 11.93% for XC.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 505 in XC, totalling 99.3% and 99.0% 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 490 positions we hold weights for in IVV and 505 in XC, against full books of 508 and 535.
What only one of them owns
Our book lists 17 positions for XC that do not appear in our book for IVV (8.3% of the fund), and 482 for IVV that do not appear in XC (98.6%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and XC 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 XC?
IVV has an expense ratio of 0.03% while XC charges 0.32%. IVV is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, IVV or XC?
Over the past year IVV returned +17.30% vs +2.65% for XC, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.56% vs +10.94% for XC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XC?
XC has been the more volatile fund at 13.8% annualized versus 13.2% for IVV. Worst drawdown: IVV -18.8% vs XC -21.0%.
Should I hold both IVV and XC?
IVV and XC 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.
Which pays a higher dividend, IVV or XC?
IVV yields 1.06% while XC yields 11.93%, so XC currently pays the higher dividend yield.
Is XC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.