IVV vs XT

IVV vs XT

Which is better, IVV or XT?

Large Cap Blend against Large Cap Growth.

IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, XT over 1Y. The two have moved almost in lockstep, correlation 0.92. XT is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%.

Lower Fees: IVVHigher Returns: splitLess Concentrated: XT

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

MetricIVVXT
Expense Ratio0.03%Best0.46%
AUM$876.4B$3.9B
Dividend Yield1.06%6.87%
Holdings508226
YTD Return+12.39%+17.67%Best
1Y Return+16.61%+24.34%Best
3Y Return (annualized)+21.38%Best+18.73%
5Y Return (annualized)+13.51%Best+7.29%
Volatility (annualized)15.1%Best17.3%
Max Drawdown-33.9%Best-34.4%
$10,000 over 5 years$18,844Best$14,217
Top 10 Weight37.8%33.8%Best
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Growth
InceptionMay 15, 2000Mar 19, 2015

Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2015 to Sep 18, 2026 (11.5 years).

IVV vs XT 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 11.5 years both funds cover.

IVV vs XT Performance

iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares Future Exponential Technologies ETF (XT) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +16.61% while XT returned +24.34%. Year to date, IVV is up 12.39% versus a gain of 17.67% for XT.

Over three years, IVV compounded at +21.38% per year against +18.73% for XT; over five years the annualized figures are +13.51% and +7.29% respectively. Across the full 12-year window we track, IVV has the edge at +12.63% annualized vs +11.67%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XT has been the more volatile fund, with annualized monthly volatility of 17.3% 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 -33.9% for IVV and -34.4% for XT. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.92. 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 XT charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.87% for XT.

Holdings Overlap

IVV already in XT42.4%
XT already in IVV68.8%

42.4% of IVV's money is in holdings XT also owns. 68.8% of XT's money is in holdings IVV also owns.

The two portfolios partly overlap.

66 positions in common, counted across the 490 positions we hold weights for in IVV and 194 in XT, against full books of 508 and 226.

What only one of them owns

Our book lists 31 positions for XT that do not appear in our book for IVV (4.8% of the fund), and 416 for IVV that do not appear in XT (56.2%).

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

StockWeight in IVVWeight in XTDifference
NVDANvidia Corp8.07%4.12%3.95%
MSFTMicrosoft Corp5.69%4.23%1.46%
AMZNAmazon.Com Inc3.84%2.89%0.95%
LLYEli Lilly & Co.1.38%3.92%2.54%
GOOGLAlphabet Inc,class A3.00%2.12%0.88%
TSLATesla Inc1.56%3.50%1.94%
AVGOBroadcom Inc2.65%1.99%0.66%
JNJJohnson & Johnson - Common0.97%3.38%2.41%
TXNTexas Instrument Inc0.36%3.49%3.13%
PANWPalo Alto Networks, Inc0.47%3.02%2.55%

68.8% of XT 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.

IVVXT

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IVV or XT?

IVV has an expense ratio of 0.03% while XT charges 0.46%. IVV is the cheaper option, by $43 a year on a $10,000 investment.

Which performed better, IVV or XT?

Over the past year IVV returned +16.61% vs +24.34% for XT, so XT leads on 1-year performance. Over the longest common window we track (12 years), IVV annualized +12.63% vs +11.67% for XT. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IVV or XT?

XT has been the more volatile fund at 17.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -33.9% vs XT -34.4%.

Should I hold both IVV and XT?

IVV and XT have a monthly-return correlation of 0.92, 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 XT?

68.8% of XT's money is in holdings IVV also owns. 68.8% of XT's is in holdings IVV also owns. They hold 66 positions in common, counted across the 490 positions we hold weights for in IVV and 194 in XT.

Which pays a higher dividend, IVV or XT?

IVV yields 1.06% while XT yields 6.87%, so XT currently pays the higher dividend yield.

Is XT better than IVV?

IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, XT over 1Y. The two have moved almost in lockstep, correlation 0.92. XT is less concentrated, with 33.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.