HEAL vs IVV
Global X HealthTech ETF vs iShares Core S&P 500 ETF
Which is better, HEAL or IVV?
Mid Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 47.2%.
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 | HEAL | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $31M | $896.5B |
| Dividend Yield | 0.24% | 1.10% |
| Holdings | 86 | 508 |
| YTD Return | +0.72% | +13.59%Best |
| 1Y Return | -7.65% | +17.54%Best |
| 3Y Return (annualized) | +4.26% | +22.46%Best |
| 5Y Return (annualized) | -11.24% | +13.28%Best |
| Volatility (annualized) | 23.0% | 15.4%Best |
| Max Drawdown | -65.8% | -24.5%Best |
| $10,000 over 5 years | $5,509 | $18,654Best |
| Top 10 Weight | 47.2% | 38.9%Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jul 29, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 30, 2020 to Oct 14, 2026 (6.2 years).
HEAL vs IVV 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 6.2 years both funds cover.
HEAL vs IVV Performance
Global X HealthTech ETF (HEAL) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HEAL returned -7.65% while IVV returned +17.54%. Year to date, HEAL is up 0.72% versus a gain of 13.59% for IVV.
Over three years, HEAL compounded at +4.26% per year against +22.46% for IVV; over five years the annualized figures are -11.24% and +13.28% respectively. Across the full 6-year window we track, IVV has the edge at +16.45% annualized vs -7.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HEAL has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 15.4% 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 -65.8% for HEAL and -24.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HEAL charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, HEAL currently yields 0.24% against 1.10% for IVV.
Holdings Overlap
30.7% of HEAL's money is in holdings IVV also owns. 0.5% of IVV's money is in holdings HEAL also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 39 positions we hold weights for in HEAL and 506 in IVV, against full books of 86 and 508.
What only one of them owns
Our book lists 493 positions for IVV that do not appear in our book for HEAL (99.0% of the fund), and 24 for HEAL that do not appear in IVV (53.3%).
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 HEAL | Weight in IVV | Difference |
|---|---|---|---|
| IQVI Q V I A Holdings Inc. | 6.01% | 0.06% | 5.95% |
| VEEVVeeva Systems Inc | 5.86% | 0.06% | 5.80% |
| DXCMDexcom Inc. | 5.11% | 0.05% | 5.06% |
| RMDResmed Inc. | 3.93% | 0.05% | 3.88% |
| GEHCGe Healthcare Technologies Inc | 3.87% | 0.04% | 3.83% |
| ISRGIntuitive Surgical Inc. | 3.15% | 0.21% | 2.94% |
| PODDInsulet Corporation | 2.77% | 0.01% | 2.76% |
30.7% of HEAL 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, HEAL or IVV?
HEAL has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, HEAL or IVV?
Over the past year HEAL returned -7.65% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), HEAL annualized -7.08% vs +16.45% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEAL or IVV?
HEAL has been the more volatile fund at 23.0% annualized versus 15.4% for IVV. Worst drawdown: HEAL -65.8% vs IVV -24.5%.
Should I hold both HEAL and IVV?
HEAL and IVV have a monthly-return correlation of 0.70, 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 HEAL and IVV?
30.7% of HEAL's money is in holdings IVV also owns. 0.5% of IVV's is in holdings HEAL also owns. They hold 7 positions in common, counted across the 39 positions we hold weights for in HEAL and 506 in IVV.
Which pays a higher dividend, HEAL or IVV?
HEAL yields 0.24% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than HEAL?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.