IVV vs XOVR
iShares Core S&P 500 ETF vs ERShares Private-Public Crossover 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 | XOVR | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.81% | |
| AUM | $907.0B | $1.9B | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 33 | |
| YTD Return | +12.71% | +1.90% | |
| 1Y Return | +21.89% | +5.22% | |
| 3Y Return (annualized) | +22.08% | +20.43% | |
| 5Y Return (annualized) | +12.96% | +4.56% | |
| Volatility (annualized) | 15.1% | 24.1% | |
| Max Drawdown | -56.5% | -56.3% | |
| Fund Family | iShares by BlackRock (US) | ERShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 7, 2017 |
IVV vs XOVR Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ERShares Private-Public Crossover ETF (XOVR) is a ETF from ERShares. Over the past year IVV returned +21.89% while XOVR returned +5.22%. Year to date, IVV is up 12.71% versus a gain of 1.90% for XOVR.
Over three years, IVV compounded at +22.08% per year against +20.43% for XOVR; over five years the annualized figures are +12.96% and +4.56% respectively. Across the full 9-year window we track, XOVR has the edge at +10.44% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XOVR has been the more volatile fund, with annualized monthly volatility of 24.1% 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 -56.3% for XOVR. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XOVR charges 1.81%. On a $10,000 position that is $3 vs $181 annually, a gap of $178 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for XOVR.
Holdings Overlap
IVV and XOVR share 13 holdings out of 522 unique holdings combined, representing a 16.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or XOVR?
IVV has an expense ratio of 0.03% while XOVR charges 1.81%. IVV is the cheaper option. On a $10,000 investment, that is $178 per year of difference.
Which performed better, IVV or XOVR?
Over the past year IVV returned +21.89% vs +5.22% for XOVR, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.00% vs +10.44% for XOVR. Past performance does not guarantee future results.
Which is riskier, IVV or XOVR?
XOVR has been the more volatile fund at 24.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XOVR -56.3%.
Should I hold both IVV and XOVR?
IVV and XOVR have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XOVR?
IVV and XOVR share 13 common holdings with a 16.0% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, IVV or XOVR?
IVV yields 1.10% while XOVR yields 0.00%, so IVV currently pays the higher dividend yield.
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