IVV vs XOEF
iShares Core S&P 500 ETF vs iShares S&P 500 ex S&P 100 ETF
Which is better, IVV or XOEF?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. XOEF is less concentrated, with 11.5% of the fund in its ten largest positions against 37.9%.
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 | XOEF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.20% |
| AUM | $876.4B | $23M |
| Dividend Yield | 1.06% | 1.04% |
| Holdings | 508 | 408 |
| YTD Return | +12.51% | +14.15%Best |
| 1Y Return | +17.57%Best | +17.05% |
| 3Y Return (annualized) | +21.27% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.4% | 11.3%Best |
| Max Drawdown | -8.9% | -7.7%Best |
| $10,000 over 1.2 years | $12,451Best | $12,039 |
| Top 10 Weight | 37.9% | 11.5%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jul 8, 2025 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 9, 2025 to Sep 11, 2026 (1.2 years).
IVV vs XOEF 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 1.2 years both funds cover.
IVV vs XOEF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares S&P 500 ex S&P 100 ETF (XOEF) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.57% while XOEF returned +17.05%. Year to date, IVV is up 12.51% versus a gain of 14.15% for XOEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.3% for XOEF. 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 -8.9% for IVV and -7.7% for XOEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while XOEF charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.04% for XOEF.
Holdings Overlap
27.1% of IVV's money is in holdings XOEF also owns. 97.3% of XOEF's money is in holdings IVV also owns.
Most of XOEF is already inside IVV. Owning both mostly buys the same companies twice.
395 positions in common, counted across the 505 positions we hold weights for in IVV and 404 in XOEF, against full books of 508 and 408.
What only one of them owns
Our book lists 3 positions for XOEF that do not appear in our book for IVV (1.5% of the fund), and 106 for IVV that do not appear in XOEF (72.5%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in XOEF | Difference |
|---|---|---|---|
| PANWPalo Alto Networks Inc. | 0.44% | 1.60% | 1.16% |
| KLACKla Corp. | 0.38% | 1.37% | 0.99% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 1.16% | 0.84% |
| APHAmphenol Corp. Class A | 0.32% | 1.15% | 0.83% |
| ANETArista Networks Inc Common Stock | 0.31% | 1.11% | 0.80% |
| SNDKSandisk Corp/De | 0.30% | 1.09% | 0.79% |
| STXSeagate Technology Plc | 0.28% | 1.02% | 0.74% |
| MRVLMarvell Technology Group Ltd | 0.28% | 1.01% | 0.73% |
| ADIAnalog Devices, Inc. | 0.28% | 1.00% | 0.72% |
| WDCWestern Digital Corp. | 0.27% | 0.97% | 0.70% |
97.3% of XOEF is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or XOEF?
IVV has an expense ratio of 0.03% while XOEF charges 0.20%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, IVV or XOEF?
Over the past year IVV returned +17.57% vs +17.05% for XOEF, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +20.04% vs +16.72% for XOEF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XOEF?
IVV has been the more volatile fund at 12.4% annualized versus 11.3% for XOEF. Worst drawdown: IVV -8.9% vs XOEF -7.7%.
Should I hold both IVV and XOEF?
IVV and XOEF have a monthly-return correlation of 0.69, 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 XOEF?
97.3% of XOEF's money is in holdings IVV also owns. 97.3% of XOEF's is in holdings IVV also owns. They hold 395 positions in common, counted across the 505 positions we hold weights for in IVV and 404 in XOEF.
Which pays a higher dividend, IVV or XOEF?
IVV yields 1.06% while XOEF yields 1.04%, so IVV currently pays the higher dividend yield.
Is XOEF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. XOEF is less concentrated, with 11.5% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.