IVV vs XITK
iShares Core S&P 500 ETF vs State Street SPDR FactSet Innovative Technology ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | XITK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.45% | |
| AUM | $907.0B | $73M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 99 | |
| YTD Return | +12.28% | +13.45% | |
| 1Y Return | +20.94% | +11.64% | |
| 3Y Return (annualized) | +21.81% | +16.77% | |
| 5Y Return (annualized) | +13.05% | -0.93% | |
| Volatility (annualized) | 15.1% | 25.1% | |
| Max Drawdown | -56.5% | -65.6% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 13, 2016 |
IVV vs XITK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR FactSet Innovative Technology ETF (XITK) is a ETF from State Street Investment Management. Over the past year IVV returned +20.94% while XITK returned +11.64%. Year to date, IVV is up 12.28% versus a gain of 13.45% for XITK.
Over three years, IVV compounded at +21.81% per year against +16.77% for XITK; over five years the annualized figures are +13.05% and -0.93% respectively. Across the full 11-year window we track, XITK has the edge at +14.77% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XITK has been the more volatile fund, with annualized monthly volatility of 25.1% compared with 15.1% 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 -65.6% for XITK. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XITK charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for XITK.
Holdings Overlap
IVV and XITK share 16 holdings out of 586 unique holdings combined, representing a 7.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or XITK?
IVV has an expense ratio of 0.03% while XITK charges 0.45%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, IVV or XITK?
Over the past year IVV returned +20.94% vs +11.64% for XITK, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +6.98% vs +14.77% for XITK. Past performance does not guarantee future results.
Which is riskier, IVV or XITK?
XITK has been the more volatile fund at 25.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XITK -65.6%.
Should I hold both IVV and XITK?
IVV and XITK have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XITK?
IVV and XITK share 16 common holdings with a 7.4% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, IVV or XITK?
IVV yields 1.10% while XITK 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.