Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVXTJLWinner
Expense Ratio0.03%0.79%
AUM$865.2B$13M
Dividend Yield1.09%0.00%
Holdings5085
YTD Return+13.80%+8.67%
1Y Return+23.70%+15.42%
3Y Return (annualized)+21.49%+15.28%
5Y Return (annualized)+13.43%+9.93%
Volatility (annualized)15.1%12.4%
Max Drawdown-56.5%-23.2%
Fund FamilyiShares by BlackRock (US)Innovator ETFs Trust
CategoryEquityAlternative
InceptionMay 15, 2000Jun 30, 2021

IVV vs XTJL Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator US Equity Accelerated Plus ETF - July (XTJL) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +23.70% while XTJL returned +15.42%. Year to date, IVV is up 13.80% versus a gain of 8.67% for XTJL.

Over three years, IVV compounded at +21.49% per year against +15.28% for XTJL; over five years the annualized figures are +13.43% and +9.93% respectively. Across the full 5-year window we track, XTJL has the edge at +10.09% annualized vs +7.05%. 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 12.4% for XTJL. 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 -23.2% for XTJL. 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 0.92. 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 XTJL charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for XTJL.

Frequently Asked Questions

Which is cheaper, IVV or XTJL?

IVV has an expense ratio of 0.03% while XTJL charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, IVV or XTJL?

Over the past year IVV returned +23.70% vs +15.42% for XTJL, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.05% vs +10.09% for XTJL. Past performance does not guarantee future results.

Which is riskier, IVV or XTJL?

IVV has been the more volatile fund at 15.1% annualized versus 12.4% for XTJL. Worst drawdown: IVV -56.5% vs XTJL -23.2%.

Should I hold both IVV and XTJL?

IVV and XTJL have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, IVV or XTJL?

IVV yields 1.09% while XTJL yields 0.00%, so IVV currently pays the higher dividend yield.

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