IVV vs XV
iShares Core S&P 500 ETF vs Simplify Target 15 Distribution 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 | XV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.75% | |
| AUM | $865.2B | $73M | |
| Dividend Yield | 1.09% | 19.16% | |
| Holdings | 508 | 26 | |
| YTD Return | +13.72% | +7.46% | |
| 1Y Return | +21.64% | +11.40% | |
| 3Y Return (annualized) | +21.55% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 7.8% | |
| Max Drawdown | -56.5% | -5.7% | |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Apr 14, 2025 |
IVV vs XV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Simplify Target 15 Distribution ETF (XV) is a ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +21.64% while XV returned +11.40%. Year to date, IVV is up 13.72% versus a gain of 7.46% for XV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.8% for XV. 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 -5.7% for XV. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XV charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 19.16% for XV.
Holdings Overlap
IVV and XV share 0 holdings out of 506 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 XV?
IVV has an expense ratio of 0.03% while XV charges 0.75%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, IVV or XV?
Over the past year IVV returned +21.64% vs +11.40% for XV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.04% vs +18.09% for XV. Past performance does not guarantee future results.
Which is riskier, IVV or XV?
IVV has been the more volatile fund at 15.1% annualized versus 7.8% for XV. Worst drawdown: IVV -56.5% vs XV -5.7%.
Should I hold both IVV and XV?
IVV and XV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XV?
IVV and XV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or XV?
IVV yields 1.09% while XV yields 19.16%, so XV currently pays the higher dividend yield.
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