IVV vs ZAP
iShares Core S&P 500 ETF vs Global X US Electrification ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | ZAP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $475M | |
| Dividend Yield | 1.10% | 1.67% | |
| Holdings | 508 | 47 | |
| YTD Return | +14.29% | +12.91% | |
| 1Y Return | +21.79% | +19.30% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 14.9% | |
| Max Drawdown | -56.5% | -11.9% | |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 17, 2024 |
IVV vs ZAP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Global X US Electrification ETF (ZAP) is a ETF from Global X by mirae Asset. Over the past year IVV returned +21.79% while ZAP returned +19.30%. Year to date, IVV is up 14.29% versus a gain of 12.91% for ZAP.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.9% for ZAP. 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 -11.9% for ZAP. 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while ZAP charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.67% for ZAP.
Holdings Overlap
IVV and ZAP share 22 holdings out of 528 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or ZAP?
IVV has an expense ratio of 0.03% while ZAP charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or ZAP?
Over the past year IVV returned +21.79% vs +19.30% for ZAP, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.06% vs +24.43% for ZAP. Past performance does not guarantee future results.
Which is riskier, IVV or ZAP?
IVV has been the more volatile fund at 15.1% annualized versus 14.9% for ZAP. Worst drawdown: IVV -56.5% vs ZAP -11.9%.
Should I hold both IVV and ZAP?
IVV and ZAP have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and ZAP?
IVV and ZAP share 22 common holdings with a 1.9% weight overlap. Combined, they hold 528 unique securities.
Which pays a higher dividend, IVV or ZAP?
IVV yields 1.10% while ZAP yields 1.67%, so ZAP currently pays the higher dividend yield.
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