IVV vs XDIV
iShares Core S&P 500 ETF vs Roundhill S&P 500 No Dividend Target ETF
Quick Verdict
IVV has a lower expense ratio. XDIV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | XDIV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.08% | |
| AUM | $865.2B | $66M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 2 | |
| YTD Return | +13.80% | +13.80% | |
| 1Y Return | +23.70% | +23.82% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 12.4% | |
| Max Drawdown | -56.5% | -9.2% | |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 10, 2025 |
IVV vs XDIV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill S&P 500 No Dividend Target ETF (XDIV) is a ETF from Roundhill Investments. Over the past year IVV returned +23.70% while XDIV returned +23.82%. Year to date, IVV is up 13.80% versus a gain of 13.80% for XDIV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.4% for XDIV. 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 -9.2% for XDIV. 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 1.00. 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 XDIV charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for XDIV.
Holdings Overlap
IVV and XDIV 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 XDIV?
IVV has an expense ratio of 0.03% while XDIV charges 0.08%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, IVV or XDIV?
Over the past year IVV returned +23.70% vs +23.82% for XDIV, so XDIV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +22.92% for XDIV. Past performance does not guarantee future results.
Which is riskier, IVV or XDIV?
IVV has been the more volatile fund at 15.1% annualized versus 12.4% for XDIV. Worst drawdown: IVV -56.5% vs XDIV -9.2%.
Should I hold both IVV and XDIV?
IVV and XDIV have a monthly-return correlation of 1.00, 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 XDIV?
IVV and XDIV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XDIV?
IVV yields 1.09% while XDIV 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.