IVV vs XTL
iShares Core S&P 500 ETF vs State Street SPDR S&P Telecom ETF
Which is better, IVV or XTL?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over the full window, XTL over 1Y, 3Y and 5Y. XTL is less concentrated, with 36.8% of the fund in its ten largest positions against 37.8%.
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 | XTL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $583M |
| Dividend Yield | 1.06% | 1.26% |
| Holdings | 508 | 42 |
| YTD Return | +14.15% | +34.34%Best |
| 1Y Return | +17.31% | +48.28%Best |
| 3Y Return (annualized) | +23.17% | +44.27%Best |
| 5Y Return (annualized) | +13.85% | +18.22%Best |
| Volatility (annualized) | 14.2%Best | 20.3% |
| Max Drawdown | -33.9%Best | -37.0% |
| $10,000 over 5 years | $19,128 | $23,092Best |
| Top 10 Weight | 37.8% | 36.8%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Jan 26, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2011 to Sep 21, 2026 (15.6 years).
IVV vs XTL 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 15.6 years both funds cover.
IVV vs XTL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Telecom ETF (XTL) is an ETF from State Street Investment Management. Over the past year IVV returned +17.31% while XTL returned +48.28%. Year to date, IVV is up 14.15% versus a gain of 34.34% for XTL.
Over three years, IVV compounded at +23.17% per year against +44.27% for XTL; over five years the annualized figures are +13.85% and +18.22% respectively. Across the full 16-year window we track, IVV has the edge at +12.64% annualized vs +9.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XTL has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 14.2% 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 -37.0% for XTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XTL charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.26% for XTL.
Holdings Overlap
2.2% of IVV's money is in holdings XTL also owns. 35.0% of XTL's money is in holdings IVV also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 490 positions we hold weights for in IVV and 41 in XTL, against full books of 508 and 42.
What only one of them owns
Our book lists 30 positions for XTL that do not appear in our book for IVV (62.8% of the fund), and 472 for IVV that do not appear in XTL (96.5%).
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
| Stock | Weight in IVV | Weight in XTL | Difference |
|---|---|---|---|
| ANETArista Networks Inc. | 0.30% | 4.11% | 3.81% |
| MSIMotorola Solutions, Inc | 0.12% | 3.90% | 3.78% |
| TBBAt&t Inc | 0.27% | 3.74% | 3.47% |
| VZVerizon Communic | 0.32% | 3.58% | 3.26% |
| CMCSAComcast Corp-class A Cmcsa | 0.14% | 3.75% | 3.61% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 3.09% | 2.43% |
| LITELumentum Holdings Inc | 0.11% | 3.42% | 3.31% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.13% | 3.38% | 3.25% |
| FFIVF5 Networks Inc. | 0.03% | 3.35% | 3.32% |
| CIENCiena Corp | 0.08% | 2.73% | 2.65% |
35.0% of XTL 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or XTL?
IVV has an expense ratio of 0.03% while XTL charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or XTL?
Over the past year IVV returned +17.31% vs +48.28% for XTL, so XTL leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +12.64% vs +9.76% for XTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XTL?
XTL has been the more volatile fund at 20.3% annualized versus 14.2% for IVV. Worst drawdown: IVV -33.9% vs XTL -37.0%.
Should I hold both IVV and XTL?
IVV and XTL have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and XTL?
35.0% of XTL's money is in holdings IVV also owns. 35.0% of XTL's is in holdings IVV also owns. They hold 10 positions in common, counted across the 490 positions we hold weights for in IVV and 41 in XTL.
Which pays a higher dividend, IVV or XTL?
IVV yields 1.06% while XTL yields 1.26%, so XTL currently pays the higher dividend yield.
Is XTL better than IVV?
IVV has a lower expense ratio. IVV led over the full window, XTL over 1Y, 3Y and 5Y. XTL is less concentrated, with 36.8% 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.