IVV vs XLRE
iShares Core S&P 500 ETF vs State Street Real Estate Select Sector SPDR 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 | XLRE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.08% | |
| AUM | $907.0B | $8.7B | |
| Dividend Yield | 1.10% | 3.12% | |
| Holdings | 508 | 34 | |
| YTD Return | +12.76% | +14.08% | |
| 1Y Return | +20.63% | +11.38% | |
| 3Y Return (annualized) | +21.71% | +11.03% | |
| 5Y Return (annualized) | +12.87% | +2.92% | |
| Volatility (annualized) | 15.1% | 16.9% | |
| Max Drawdown | -56.5% | -39.3% | |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 7, 2015 |
IVV vs XLRE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street Real Estate Select Sector SPDR ETF (XLRE) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +20.63% while XLRE returned +11.38%. Year to date, IVV is up 12.76% versus a gain of 14.08% for XLRE.
Over three years, IVV compounded at +21.71% per year against +11.03% for XLRE; over five years the annualized figures are +12.87% and +2.92% respectively. Across the full 11-year window we track, IVV has the edge at +6.99% annualized vs +5.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XLRE has been the more volatile fund, with annualized monthly volatility of 16.9% 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 -39.3% for XLRE. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XLRE 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 1.10% against 3.12% for XLRE.
Holdings Overlap
IVV and XLRE share 31 holdings out of 506 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or XLRE?
IVV has an expense ratio of 0.03% while XLRE 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 XLRE?
Over the past year IVV returned +20.63% vs +11.38% for XLRE, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +6.99% vs +5.57% for XLRE. Past performance does not guarantee future results.
Which is riskier, IVV or XLRE?
XLRE has been the more volatile fund at 16.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XLRE -39.3%.
Should I hold both IVV and XLRE?
IVV and XLRE have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XLRE?
IVV and XLRE share 31 common holdings with a 1.9% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XLRE?
IVV yields 1.10% while XLRE yields 3.12%, so XLRE currently pays the higher dividend yield.
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