IVV vs XSHD
iShares Core S&P 500 ETF vs Invesco S&P SmallCap High Dividend Low Volatility ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | XSHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.30% | |
| AUM | $865.2B | $73M | |
| Dividend Yield | 1.09% | 5.04% | |
| Holdings | 508 | 57 | |
| YTD Return | +14.50% | +12.08% | |
| 1Y Return | +22.02% | +8.63% | |
| 3Y Return (annualized) | +21.80% | +1.86% | |
| 5Y Return (annualized) | +13.37% | -3.55% | |
| Volatility (annualized) | 15.1% | 21.6% | |
| Max Drawdown | -56.5% | -49.5% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 1, 2016 |
IVV vs XSHD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is a ETF from Invesco (US). Over the past year IVV returned +22.02% while XSHD returned +8.63%. Year to date, IVV is up 14.50% versus a gain of 12.08% for XSHD.
Over three years, IVV compounded at +21.80% per year against +1.86% for XSHD; over five years the annualized figures are +13.37% and -3.55% respectively. Across the full 10-year window we track, IVV has the edge at +7.07% annualized vs -0.22%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSHD has been the more volatile fund, with annualized monthly volatility of 21.6% 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 -49.5% for XSHD. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XSHD charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 5.04% for XSHD.
Holdings Overlap
IVV and XSHD share 1 holdings out of 557 unique holdings combined, representing a 0.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in XSHD | Difference |
|---|---|---|---|
| NUVL | 0.62% | 0.81% | 0.19% |
Frequently Asked Questions
Which is cheaper, IVV or XSHD?
IVV has an expense ratio of 0.03% while XSHD charges 0.30%. IVV is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, IVV or XSHD?
Over the past year IVV returned +22.02% vs +8.63% for XSHD, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +7.07% vs -0.22% for XSHD. Past performance does not guarantee future results.
Which is riskier, IVV or XSHD?
XSHD has been the more volatile fund at 21.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XSHD -49.5%.
Should I hold both IVV and XSHD?
IVV and XSHD have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XSHD?
IVV and XSHD share 1 common holdings with a 0.6% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, IVV or XSHD?
IVV yields 1.09% while XSHD yields 5.04%, so XSHD currently pays the higher dividend yield.
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