IVV vs XSHD
iShares Core S&P 500 ETF vs Invesco S&P SmallCap High Dividend Low Volatility ETF
Which is better, IVV or XSHD?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. XSHD is less concentrated, with 30.6% 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 | XSHD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $876.4B | $70M |
| Dividend Yield | 1.06% | 4.83% |
| Holdings | 508 | 55 |
| YTD Return | +11.57%Best | +6.48% |
| 1Y Return | +17.57%Best | +2.12% |
| 3Y Return (annualized) | +20.71%Best | +1.05% |
| 5Y Return (annualized) | +12.80%Best | -4.06% |
| Volatility (annualized) | 15.6%Best | 21.5% |
| Max Drawdown | -33.9%Best | -49.5% |
| $10,000 over 5 years | $18,262Best | $8,128 |
| Top 10 Weight | 37.9% | 30.6%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Dec 1, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 1, 2016 to Sep 10, 2026 (9.8 years).
IVV vs XSHD 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 9.8 years both funds cover.
IVV vs XSHD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is an ETF from Invesco (US). Over the past year IVV returned +17.57% while XSHD returned +2.12%. Year to date, IVV is up 11.57% versus a gain of 6.48% for XSHD.
Over three years, IVV compounded at +20.71% per year against +1.05% for XSHD; over five years the annualized figures are +12.80% and -4.06% respectively. Across the full 10-year window we track, IVV has the edge at +14.40% annualized vs -0.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSHD has been the more volatile fund, with annualized monthly volatility of 21.5% 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 -33.9% for IVV and -49.5% for XSHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 4.83% for XSHD.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 60 in XSHD, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 60 in XSHD, against full books of 508 and 55.
What only one of them owns
Measured across the 505 and 60 positions we hold weights for.
IVV holds 495 positions XSHD does not, 99.3% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
You are not choosing between two funds in isolation.
Whichever of IVV and XSHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $27 a year on a $10,000 investment.
Which performed better, IVV or XSHD?
Over the past year IVV returned +17.57% vs +2.12% for XSHD, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.40% vs -0.74% for XSHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XSHD?
XSHD has been the more volatile fund at 21.5% annualized versus 15.6% for IVV. Worst drawdown: IVV -33.9% vs XSHD -49.5%.
Should I hold both IVV and XSHD?
IVV and XSHD have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or XSHD?
IVV yields 1.06% while XSHD yields 4.83%, so XSHD currently pays the higher dividend yield.
Is XSHD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. XSHD is less concentrated, with 30.6% 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.