IVV vs XPND
iShares Core S&P 500 ETF vs First Trust Expanded Technology ETF
Which is better, IVV or XPND?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and 5Y, XPND over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.2%.
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 | XPND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $876.4B | $39M |
| Dividend Yield | 1.06% | 0.08% |
| Holdings | 508 | 102 |
| YTD Return | +12.51%Best | +8.52% |
| 1Y Return | +17.57%Best | +8.96% |
| 3Y Return (annualized) | +21.27% | +22.24%Best |
| 5Y Return (annualized) | +12.95%Best | +12.87% |
| Volatility (annualized) | 15.6%Best | 21.6% |
| Max Drawdown | -24.5%Best | -38.0% |
| $10,000 over 5 years | $18,384Best | $18,319 |
| Top 10 Weight | 37.9%Best | 48.2% |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 14, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 15, 2021 to Sep 11, 2026 (5.2 years).
IVV vs XPND 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 5.2 years both funds cover.
IVV vs XPND Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and First Trust Expanded Technology ETF (XPND) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +17.57% while XPND returned +8.96%. Year to date, IVV is up 12.51% versus a gain of 8.52% for XPND.
Over three years, IVV compounded at +21.27% per year against +22.24% for XPND; over five years the annualized figures are +12.95% and +12.87% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XPND has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 15.6% 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 -24.5% for IVV and -38.0% for XPND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while XPND charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.08% for XPND.
Holdings Overlap
30.6% of IVV's money is in holdings XPND also owns. 97.6% of XPND's money is in holdings IVV also owns.
Most of XPND is already inside IVV. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in XPND, against full books of 508 and 102.
What only one of them owns
Our book lists 9 positions for XPND that do not appear in our book for IVV (2.2% of the fund), and 454 for IVV that do not appear in XPND (68.8%).
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 XPND | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 4.86% | 3.12% |
| AAPLApple, Inc | 6.86% | 4.72% | 2.14% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 4.15% | 0.96% |
| AVGOBroadcom Inc | 2.98% | 3.86% | 0.88% |
| VVisa Inc | 0.92% | 5.41% | 4.49% |
| MAMastercard Inc | 0.69% | 5.55% | 4.86% |
| PLTRPalantir Technologies Inc | 0.55% | 5.54% | 4.99% |
| AMATApplied Materials, Inc. | 0.64% | 4.74% | 4.10% |
| LRCXLam Research Corpcommon Stock | 0.58% | 4.41% | 3.83% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 4.27% | 3.55% |
97.6% of XPND 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 XPND?
IVV has an expense ratio of 0.03% while XPND charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, IVV or XPND?
Over the past year IVV returned +17.57% vs +8.96% for XPND, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XPND?
XPND has been the more volatile fund at 21.6% annualized versus 15.6% for IVV. Worst drawdown: IVV -24.5% vs XPND -38.0%.
Should I hold both IVV and XPND?
IVV and XPND have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and XPND?
97.6% of XPND's money is in holdings IVV also owns. 97.6% of XPND's is in holdings IVV also owns. They hold 41 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in XPND.
Which pays a higher dividend, IVV or XPND?
IVV yields 1.06% while XPND yields 0.08%, so IVV currently pays the higher dividend yield.
Is XPND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and 5Y, XPND over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.