IVV vs XVOL
iShares Core S&P 500 ETF vs Acruence Active Hedge US Equity ETF
Which is better, IVV or XVOL?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. XVOL is less concentrated, with 17.8% 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 | XVOL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.83% |
| AUM | $876.4B | $2M |
| Dividend Yield | 1.06% | 2.00% |
| Holdings | 508 | 83 |
| Volatility (annualized) | 15.5%Best | 16.5% |
| Max Drawdown | -24.5%Best | -25.8% |
| $10,000 over 5 years | $18,311Best | $12,636 |
| Top 10 Weight | 37.8% | 17.8%Best |
| Fund Family | iShares by BlackRock (US) | Acruence Capital, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 21, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 155 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 18, 2026 and XVOL through Apr 16, 2026.
Volatility and max drawdown, and the $10,000 over 5 years row, are measured over the window both funds cover: Apr 22, 2021 to Apr 16, 2026 (5 years).
Risk: Volatility and Drawdowns
XVOL has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.5% 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 -24.5% for IVV and -25.8% for XVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 XVOL charges 0.83%. On a $10,000 position that is $3 vs $83 annually, a gap of $80 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.00% for XVOL.
Holdings Overlap
39.1% of IVV's money is in holdings XVOL also owns. 89.5% of XVOL's money is in holdings IVV also owns.
Most of XVOL is already inside IVV. Owning both mostly buys the same companies twice.
The two holdings books were reported 243 days apart, IVV as of Aug 31, 2026 and XVOL as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
72 positions in common, counted across the 490 positions we hold weights for in IVV and 81 in XVOL, against full books of 508 and 83.
What only one of them owns
Our book lists 7 positions for XVOL that do not appear in our book for IVV (8.0% of the fund), and 410 for IVV that do not appear in XVOL (59.5%).
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 XVOL | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.02% | 1.16% | 5.86% |
| MSFTMicrosoft Corp | 5.69% | 0.94% | 4.75% |
| AMZNAmazon.Com Inc | 3.84% | 1.46% | 2.38% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.37% | 1.63% |
| GOOGAlphabet Inc | 2.39% | 1.35% | 1.04% |
| METAMeta Platforms Inc | 1.90% | 1.40% | 0.50% |
| LLYEli Lilly & Co. | 1.38% | 1.60% | 0.22% |
| KLACKla Corp | 0.35% | 2.28% | 1.93% |
| NEMNewmont Corp Common | 0.20% | 1.93% | 1.73% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 0.09% | 1.95% | 1.86% |
89.5% of XVOL 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 XVOL?
IVV has an expense ratio of 0.03% while XVOL charges 0.83%. IVV is the cheaper option, by $80 a year on a $10,000 investment.
Which is riskier, IVV or XVOL?
XVOL has been the more volatile fund at 16.5% annualized versus 15.5% for IVV. Worst drawdown: IVV -24.5% vs XVOL -25.8%.
Should I hold both IVV and XVOL?
IVV and XVOL have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and XVOL?
89.5% of XVOL's money is in holdings IVV also owns. 89.5% of XVOL's is in holdings IVV also owns. They hold 72 positions in common, counted across the 490 positions we hold weights for in IVV and 81 in XVOL.
Which pays a higher dividend, IVV or XVOL?
IVV yields 1.06% while XVOL yields 2.00%, so XVOL currently pays the higher dividend yield.
Is XVOL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. XVOL is less concentrated, with 17.8% 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.