IVV vs XDTE
iShares Core S&P 500 ETF vs Roundhill S&P 500 0DTE Covered Call Strategy ETF
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 | XDTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.97% | |
| AUM | $865.2B | $335M | |
| Dividend Yield | 1.09% | 31.53% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.80% | +4.48% | |
| 1Y Return | +23.70% | +13.68% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 12.6% | |
| Max Drawdown | -56.5% | -16.7% | |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 7, 2024 |
IVV vs XDTE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is a ETF from Roundhill Investments. Over the past year IVV returned +23.70% while XDTE returned +13.68%. Year to date, IVV is up 13.80% versus a gain of 4.48% for XDTE.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.6% for XDTE. 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 -16.7% for XDTE. 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 0.91. 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 XDTE charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 31.53% for XDTE.
Holdings Overlap
IVV and XDTE 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 XDTE?
IVV has an expense ratio of 0.03% while XDTE charges 0.97%. IVV is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, IVV or XDTE?
Over the past year IVV returned +23.70% vs +13.68% for XDTE, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs +18.24% for XDTE. Past performance does not guarantee future results.
Which is riskier, IVV or XDTE?
IVV has been the more volatile fund at 15.1% annualized versus 12.6% for XDTE. Worst drawdown: IVV -56.5% vs XDTE -16.7%.
Should I hold both IVV and XDTE?
IVV and XDTE have a monthly-return correlation of 0.91, 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 XDTE?
IVV and XDTE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XDTE?
IVV yields 1.09% while XDTE yields 31.53%, so XDTE currently pays the higher dividend yield.
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