IVV vs XSD
iShares Core S&P 500 ETF vs State Street SPDR S&P Semiconductor ETF
Which is better, IVV or XSD?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. XSD led over 1Y, 3Y, 5Y and the full window. XSD is less concentrated, with 28.4% 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 | XSD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $886.7B | $2.6B |
| Dividend Yield | 1.10% | 0.16% |
| Holdings | 508 | 48 |
| YTD Return | +13.39% | +46.68%Best |
| 1Y Return | +20.08% | +71.77%Best |
| 3Y Return (annualized) | +21.29% | +32.61%Best |
| 5Y Return (annualized) | +12.88% | +19.41%Best |
| Volatility (annualized) | 15.2%Best | 29.7% |
| Max Drawdown | -56.5%Best | -64.9% |
| $10,000 over 5 years | $18,327 | $24,277Best |
| Top 10 Weight | 37.9% | 28.4%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Jan 31, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Feb 6, 2006 to Sep 4, 2026 (20.6 years).
IVV vs XSD 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 20.6 years both funds cover.
IVV vs XSD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Semiconductor ETF (XSD) is an ETF from State Street Investment Management. Over the past year IVV returned +20.08% while XSD returned +71.77%. Year to date, IVV is up 13.39% versus a gain of 46.68% for XSD.
Over three years, IVV compounded at +21.29% per year against +32.61% for XSD; over five years the annualized figures are +12.88% and +19.41% respectively. Across the full 21-year window we track, XSD has the edge at +15.29% annualized vs +9.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSD has been the more volatile fund, with annualized monthly volatility of 29.7% compared with 15.2% 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 -64.9% for XSD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 XSD 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 1.10% against 0.16% for XSD.
Holdings Overlap
15.9% of IVV's money is in holdings XSD also owns. 36.3% of XSD's money is in holdings IVV also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 505 positions we hold weights for in IVV and 47 in XSD, against full books of 508 and 48.
What only one of them owns
Our book lists 30 positions for XSD that do not appear in our book for IVV (59.5% of the fund), and 482 for IVV that do not appear in XSD (83.4%).
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 XSD | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 2.69% | 5.29% |
| AVGOBroadcom Inc | 2.98% | 2.86% | 0.12% |
| AMDAdvanced Micro Devices Inc | 1.18% | 2.92% | 1.74% |
| MUMicron Technology, Inc. | 1.51% | 2.55% | 1.04% |
| INTCIntel Corporation | 0.72% | 2.39% | 1.67% |
| TXNTexas Instrument Inc | 0.38% | 2.56% | 2.18% |
| ADIAnalog Devices, Inc. | 0.28% | 2.46% | 2.18% |
| FSLRFirst Solar, Inc | 0.04% | 2.48% | 2.44% |
| MRVLMarvell Technology Group Ltd. | 0.28% | 2.20% | 1.92% |
| SWKSSkyworks Solutions Inc. | 0.02% | 2.41% | 2.39% |
36.3% of XSD 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 XSD?
IVV has an expense ratio of 0.03% while XSD charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or XSD?
Over the past year IVV returned +20.08% vs +71.77% for XSD, so XSD leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.60% vs +15.29% for XSD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XSD?
XSD has been the more volatile fund at 29.7% annualized versus 15.2% for IVV. Worst drawdown: IVV -56.5% vs XSD -64.9%.
Should I hold both IVV and XSD?
IVV and XSD have a monthly-return correlation of 0.76, 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 XSD?
36.3% of XSD's money is in holdings IVV also owns. 36.3% of XSD's is in holdings IVV also owns. They hold 15 positions in common, counted across the 505 positions we hold weights for in IVV and 47 in XSD.
Which pays a higher dividend, IVV or XSD?
IVV yields 1.10% while XSD yields 0.16%, so IVV currently pays the higher dividend yield.
Is XSD better than IVV?
IVV has a lower expense ratio. XSD led over 1Y, 3Y, 5Y and the full window. XSD is less concentrated, with 28.4% 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.