IVV vs XTEN
iShares Core S&P 500 ETF vs BondBloxx Bloomberg Ten Year Target Duration US Treasury 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 | XTEN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.08% | |
| AUM | $865.2B | $1.0B | |
| Dividend Yield | 1.09% | 4.28% | |
| Holdings | 508 | 71 | |
| YTD Return | +13.80% | -2.24% | |
| 1Y Return | +23.01% | -0.01% | |
| 3Y Return (annualized) | +21.77% | +2.27% | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 9.1% | |
| Max Drawdown | -56.5% | -13.9% | |
| Fund Family | iShares by BlackRock (US) | BondBloxx | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 13, 2022 |
IVV vs XTEN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) is a ETF from BondBloxx. Over the past year IVV returned +23.01% while XTEN returned -0.01%. Year to date, IVV is up 13.80% versus a loss of 2.24% for XTEN.
Over three years, IVV compounded at +21.77% per year against +2.27% for XTEN. Across the full 4-year window we track, IVV has the edge at +7.04% annualized vs +0.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.1% for XTEN. 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 -13.9% for XTEN. 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while XTEN charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.28% for XTEN.
Holdings Overlap
IVV and XTEN share 0 holdings out of 569 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 XTEN?
IVV has an expense ratio of 0.03% while XTEN charges 0.08%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, IVV or XTEN?
Over the past year IVV returned +23.01% vs -0.01% for XTEN, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.04% vs +0.84% for XTEN. Past performance does not guarantee future results.
Which is riskier, IVV or XTEN?
IVV has been the more volatile fund at 15.1% annualized versus 9.1% for XTEN. Worst drawdown: IVV -56.5% vs XTEN -13.9%.
Should I hold both IVV and XTEN?
IVV and XTEN have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XTEN?
IVV and XTEN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 569 unique securities.
Which pays a higher dividend, IVV or XTEN?
IVV yields 1.09% while XTEN yields 4.28%, so XTEN currently pays the higher dividend yield.
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