IVV vs XCNY
iShares Core S&P 500 ETF vs State Street SPDR S&P Emerging Markets ex-China ETF
Quick Verdict
IVV has a lower expense ratio. XCNY delivered stronger 1-year returns. XCNY offers more diversification with 1,234 holdings.
Side-by-Side Comparison
| Metric | IVV | XCNY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.19% | |
| AUM | $907.0B | $10M | |
| Dividend Yield | 1.10% | 2.31% | |
| Holdings | 508 | 1,234 | |
| YTD Return | +12.71% | +17.73% | |
| 1Y Return | +21.89% | +30.12% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.3% | |
| Max Drawdown | -56.5% | -18.9% | |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 4, 2024 |
IVV vs XCNY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P Emerging Markets ex-China ETF (XCNY) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +21.89% while XCNY returned +30.12%. Year to date, IVV is up 12.71% versus a gain of 17.73% for XCNY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.3% for XCNY. 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 -18.9% for XCNY. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while XCNY charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.31% for XCNY.
Holdings Overlap
IVV and XCNY share 1 holdings out of 1700 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in XCNY | Difference |
|---|---|---|---|
| PG | 0.53% | 0.00% | 0.53% |
Frequently Asked Questions
Which is cheaper, IVV or XCNY?
IVV has an expense ratio of 0.03% while XCNY charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, IVV or XCNY?
Over the past year IVV returned +21.89% vs +30.12% for XCNY, so XCNY leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +18.92% for XCNY. Past performance does not guarantee future results.
Which is riskier, IVV or XCNY?
IVV has been the more volatile fund at 15.1% annualized versus 14.3% for XCNY. Worst drawdown: IVV -56.5% vs XCNY -18.9%.
Should I hold both IVV and XCNY?
IVV and XCNY have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XCNY?
IVV and XCNY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1700 unique securities.
Which pays a higher dividend, IVV or XCNY?
IVV yields 1.10% while XCNY yields 2.31%, so XCNY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.