IVV vs XLUI
iShares Core S&P 500 ETF vs State Street Utilities Select Sector SPDR Premium Income 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 | XLUI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $865.2B | $26M | |
| Dividend Yield | 1.09% | 12.29% | |
| Holdings | 508 | 14 | |
| YTD Return | +14.50% | +5.73% | |
| 1Y Return | +22.02% | +5.47% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 9.4% | |
| Max Drawdown | -56.5% | -6.8% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 29, 2025 |
IVV vs XLUI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) is a ETF from State Street Investment Management. Over the past year IVV returned +22.02% while XLUI returned +5.47%. Year to date, IVV is up 14.50% versus a gain of 5.73% for XLUI.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.4% for XLUI. 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 -6.8% for XLUI. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while XLUI 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 1.09% against 12.29% for XLUI.
Holdings Overlap
IVV and XLUI 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 XLUI?
IVV has an expense ratio of 0.03% while XLUI 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 XLUI?
Over the past year IVV returned +22.02% vs +5.47% for XLUI, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.07% vs +6.82% for XLUI. Past performance does not guarantee future results.
Which is riskier, IVV or XLUI?
IVV has been the more volatile fund at 15.1% annualized versus 9.4% for XLUI. Worst drawdown: IVV -56.5% vs XLUI -6.8%.
Should I hold both IVV and XLUI?
IVV and XLUI have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XLUI?
IVV and XLUI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XLUI?
IVV yields 1.09% while XLUI yields 12.29%, so XLUI currently pays the higher dividend yield.
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