IVV vs XTWO
iShares Core S&P 500 ETF vs BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Which is better, IVV or XTWO?
Large Cap Blend against Short Term Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | XTWO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.05% |
| AUM | $876.4B | $249M |
| Dividend Yield | 1.06% | 3.97% |
| Holdings | 508 | 96 |
| YTD Return | +12.27%Best | +0.45% |
| 1Y Return | +17.04%Best | +1.57% |
| 3Y Return (annualized) | +21.24%Best | +4.09% |
| 5Y Return (annualized) | +13.08% | - |
| Volatility (annualized) | 13.3% | 1.9%Best |
| Max Drawdown | -18.8% | -1.7%Best |
| $10,000 over 4 years | $20,840Best | $11,458 |
| Fund Family | iShares by BlackRock (US) | BondBloxx |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term Bond |
| Inception | May 15, 2000 | Sep 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 16, 2022 to Sep 17, 2026 (4 years).
IVV vs XTWO 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 4 years both funds cover.
IVV vs XTWO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) is an ETF from BondBloxx. Over the past year IVV returned +17.04% while XTWO returned +1.57%. Year to date, IVV is up 12.27% versus a gain of 0.45% for XTWO.
Over three years, IVV compounded at +21.24% per year against +4.09% for XTWO. Across the full 4-year window we track, IVV has the edge at +20.15% annualized vs +3.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 1.9% for XTWO. 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 -18.8% for IVV and -1.7% for XTWO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while XTWO charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.97% for XTWO.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 74 in XTWO, totalling 99.3% and 82.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 74 in XTWO, against full books of 508 and 96.
You are not choosing between two funds in isolation.
Whichever of IVV and XTWO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or XTWO?
IVV has an expense ratio of 0.03% while XTWO charges 0.05%. IVV is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, IVV or XTWO?
Over the past year IVV returned +17.04% vs +1.57% for XTWO, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +20.15% vs +3.46% for XTWO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or XTWO?
IVV has been the more volatile fund at 13.3% annualized versus 1.9% for XTWO. Worst drawdown: IVV -18.8% vs XTWO -1.7%.
Should I hold both IVV and XTWO?
IVV and XTWO have a monthly-return correlation of 0.24, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or XTWO?
IVV yields 1.06% while XTWO yields 3.97%, so XTWO currently pays the higher dividend yield.
Is XTWO better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.