IVV vs XDEC
iShares Core S&P 500 ETF vs FT Vest US Equity Enhance & Moderate Buffer ETF - December
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 | XDEC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $865.2B | $202M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 6 | |
| YTD Return | +13.80% | +6.19% | |
| 1Y Return | +23.01% | +10.34% | |
| 3Y Return (annualized) | +21.77% | +9.82% | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 6.9% | |
| Max Drawdown | -56.5% | -11.8% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 17, 2021 |
IVV vs XDEC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and FT Vest US Equity Enhance & Moderate Buffer ETF - December (XDEC) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +23.01% while XDEC returned +10.34%. Year to date, IVV is up 13.80% versus a gain of 6.19% for XDEC.
Over three years, IVV compounded at +21.77% per year against +9.82% for XDEC. Across the full 5-year window we track, XDEC has the edge at +8.15% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.9% for XDEC. 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 -11.8% for XDEC. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while XDEC charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for XDEC.
Holdings Overlap
IVV and XDEC share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or XDEC?
IVV has an expense ratio of 0.03% while XDEC charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or XDEC?
Over the past year IVV returned +23.01% vs +10.34% for XDEC, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.04% vs +8.15% for XDEC. Past performance does not guarantee future results.
Which is riskier, IVV or XDEC?
IVV has been the more volatile fund at 15.1% annualized versus 6.9% for XDEC. Worst drawdown: IVV -56.5% vs XDEC -11.8%.
Should I hold both IVV and XDEC?
IVV and XDEC have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and XDEC?
IVV and XDEC share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XDEC?
IVV yields 1.09% while XDEC yields 0.00%, so IVV 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.