IVV vs XLEI
iShares Core S&P 500 ETF vs State Street Energy Select Sector SPDR Premium Income ETF
Quick Verdict
IVV has a lower expense ratio. XLEI delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | XLEI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $907.0B | $57M | |
| Dividend Yield | 1.10% | 18.44% | |
| Holdings | 508 | 6 | |
| YTD Return | +12.71% | +27.89% | |
| 1Y Return | +21.89% | +39.14% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.2% | |
| Max Drawdown | -56.5% | -8.2% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 29, 2025 |
IVV vs XLEI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI) is a ETF from State Street Investment Management. Over the past year IVV returned +21.89% while XLEI returned +39.14%. Year to date, IVV is up 12.71% versus a gain of 27.89% for XLEI.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.2% for XLEI. 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 -8.2% for XLEI. 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 -0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while XLEI 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 18.44% for XLEI.
Holdings Overlap
IVV and XLEI 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 XLEI?
IVV has an expense ratio of 0.03% while XLEI charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or XLEI?
Over the past year IVV returned +21.89% vs +39.14% for XLEI, so XLEI leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs +35.78% for XLEI. Past performance does not guarantee future results.
Which is riskier, IVV or XLEI?
IVV has been the more volatile fund at 15.1% annualized versus 14.2% for XLEI. Worst drawdown: IVV -56.5% vs XLEI -8.2%.
Should I hold both IVV and XLEI?
IVV and XLEI have a monthly-return correlation of -0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XLEI?
IVV and XLEI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XLEI?
IVV yields 1.10% while XLEI yields 18.44%, so XLEI currently pays the higher dividend yield.
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