IVV vs XSVM
iShares Core S&P 500 ETF vs Invesco S&P SmallCap Value with Momentum ETF
Quick Verdict
IVV has a lower expense ratio. XSVM delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | XSVM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.37% | |
| AUM | $907.0B | $671M | |
| Dividend Yield | 1.10% | 1.74% | |
| Holdings | 508 | 122 | |
| YTD Return | +13.22% | +23.33% | |
| 1Y Return | +21.62% | +29.52% | |
| 3Y Return (annualized) | +22.17% | +15.34% | |
| 5Y Return (annualized) | +13.42% | +9.75% | |
| Volatility (annualized) | 15.1% | 21.8% | |
| Max Drawdown | -56.5% | -64.1% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 3, 2005 |
IVV vs XSVM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P SmallCap Value with Momentum ETF (XSVM) is a ETF from Invesco (US). Over the past year IVV returned +21.62% while XSVM returned +29.52%. Year to date, IVV is up 13.22% versus a gain of 23.33% for XSVM.
Over three years, IVV compounded at +22.17% per year against +15.34% for XSVM; over five years the annualized figures are +13.42% and +9.75% respectively. Across the full 22-year window we track, XSVM has the edge at +7.90% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSVM has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -64.1% for XSVM. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XSVM charges 0.37%. On a $10,000 position that is $3 vs $37 annually, a gap of $34 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.74% for XSVM.
Holdings Overlap
IVV and XSVM share 0 holdings out of 625 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or XSVM?
IVV has an expense ratio of 0.03% while XSVM charges 0.37%. IVV is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, IVV or XSVM?
Over the past year IVV returned +21.62% vs +29.52% for XSVM, so XSVM leads on 1-year performance. Over the longest common window we track (22 years), IVV annualized +7.02% vs +7.90% for XSVM. Past performance does not guarantee future results.
Which is riskier, IVV or XSVM?
XSVM has been the more volatile fund at 21.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XSVM -64.1%.
Should I hold both IVV and XSVM?
IVV and XSVM have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XSVM?
IVV and XSVM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 625 unique securities.
Which pays a higher dividend, IVV or XSVM?
IVV yields 1.10% while XSVM yields 1.74%, so XSVM currently pays the higher dividend yield.
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