IVV vs XES
iShares Core S&P 500 ETF vs State Street SPDR S&P Oil & Gas Equipment & Services ETF
Which is better, IVV or XES?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over 3Y and the full window, XES over 1Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.9%.
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 | XES |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $886.7B | $391M |
| Dividend Yield | 1.10% | 1.17% |
| Holdings | 508 | 35 |
| YTD Return | +13.39% | +44.75%Best |
| 1Y Return | +20.08% | +75.62%Best |
| 3Y Return (annualized) | +21.29%Best | +9.53% |
| 5Y Return (annualized) | +12.88% | +19.83%Best |
| Volatility (annualized) | 15.3%Best | 39.6% |
| Max Drawdown | -56.5%Best | -96.1% |
| $10,000 over 5 years | $18,327 | $24,707Best |
| Top 10 Weight | 37.9%Best | 40.9% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Jun 19, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2006 to Sep 4, 2026 (20.2 years).
IVV vs XES 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 20.2 years both funds cover.
IVV vs XES Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) is an ETF from State Street Investment Management. Over the past year IVV returned +20.08% while XES returned +75.62%. Year to date, IVV is up 13.39% versus a gain of 44.75% for XES.
Over three years, IVV compounded at +21.29% per year against +9.53% for XES; over five years the annualized figures are +12.88% and +19.83% respectively. Across the full 20-year window we track, IVV has the edge at +9.87% annualized vs -3.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XES has been the more volatile fund, with annualized monthly volatility of 39.6% compared with 15.3% 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 -56.5% for IVV and -96.1% for XES. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while XES charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.17% for XES.
Holdings Overlap
0.2% of IVV's money is in holdings XES also owns. 10.7% of XES's money is in holdings IVV also owns.
XES and IVV share little of their money.
3 positions in common, counted across the 505 positions we hold weights for in IVV and 35 in XES, against full books of 508 and 35.
What only one of them owns
Our book lists 29 positions for XES that do not appear in our book for IVV (78.2% of the fund), and 494 for IVV that do not appear in XES (99.1%).
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 XES 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 XES?
IVV has an expense ratio of 0.03% while XES charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or XES?
Over the past year IVV returned +20.08% vs +75.62% for XES, so XES leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.87% vs -3.77% for XES. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XES?
XES has been the more volatile fund at 39.6% annualized versus 15.3% for IVV. Worst drawdown: IVV -56.5% vs XES -96.1%.
Should I hold both IVV and XES?
IVV and XES have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and XES?
10.7% of XES's money is in holdings IVV also owns. 10.7% of XES's is in holdings IVV also owns. They hold 3 positions in common, counted across the 505 positions we hold weights for in IVV and 35 in XES.
Which pays a higher dividend, IVV or XES?
IVV yields 1.10% while XES yields 1.17%, so XES currently pays the higher dividend yield.
Is XES better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, XES over 1Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.