IVV vs IXG
iShares Core S&P 500 ETF vs iShares Global Financials ETF
Which is better, IVV or IXG?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, IXG over 3Y. IXG is less concentrated, with 30.6% of the fund in its ten largest positions against 38.9%.
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 | IXG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.38% |
| AUM | $896.5B | $692M |
| Dividend Yield | 1.10% | 2.23% |
| Holdings | 508 | 245 |
| YTD Return | +13.59%Best | +6.02% |
| 1Y Return | +17.54%Best | +13.20% |
| 3Y Return (annualized) | +22.46% | +24.56%Best |
| 5Y Return (annualized) | +13.28%Best | +12.56% |
| Volatility (annualized) | 14.8%Best | 20.9% |
| Max Drawdown | -56.5%Best | -80.0% |
| $10,000 over 5 years | $18,654Best | $18,068 |
| Top 10 Weight | 38.9% | 30.6%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Nov 12, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2001 to Oct 14, 2026 (24.9 years).
IVV vs IXG 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 24.9 years both funds cover.
IVV vs IXG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares Global Financials ETF (IXG) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.54% while IXG returned +13.20%. Year to date, IVV is up 13.59% versus a gain of 6.02% for IXG.
Over three years, IVV compounded at +22.46% per year against +24.56% for IXG; over five years the annualized figures are +13.28% and +12.56% respectively. Across the full 25-year window we track, IVV has the edge at +8.32% annualized vs +4.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IXG has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 14.8% 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 -56.5% for IVV and -80.0% for IXG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while IXG charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.23% for IXG.
Holdings Overlap
9.8% of IVV's money is in holdings IXG also owns. 42.8% of IXG's money is in holdings IVV also owns.
The two portfolios partly overlap.
72 positions in common, counted across the 506 positions we hold weights for in IVV and 223 in IXG, against full books of 508 and 245.
What only one of them owns
Our book lists 8 positions for IXG that do not appear in our book for IVV (8.2% of the fund), and 428 for IVV that do not appear in IXG (89.6%).
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 IXG | Difference |
|---|---|---|---|
| JPMJpmorgan Chase & Co | 1.34% | 5.89% | 4.55% |
| VVisa Inc | 0.93% | 4.08% | 3.15% |
| MAMastercard Inc | 0.67% | 2.96% | 2.29% |
| BACBank Amer Secs Inc | 0.53% | 2.32% | 1.79% |
| GSGoldman Sachs & Co Llc | 0.39% | 1.74% | 1.35% |
| WFCWells Fargo And Co Preferred Stock Var | 0.37% | 1.61% | 1.24% |
| MSMorgan Stanley | 0.34% | 1.49% | 1.15% |
| CCitigroup Inc. | 0.32% | 1.42% | 1.10% |
| SCHWSchwab Strategic T | 0.24% | 1.06% | 0.82% |
| AXPAmerican Express Co. | 0.24% | 1.05% | 0.81% |
42.8% of IXG 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 IXG?
IVV has an expense ratio of 0.03% while IXG charges 0.38%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IVV or IXG?
Over the past year IVV returned +17.54% vs +13.20% for IXG, so IVV leads on 1-year performance. Over the longest common window we track (25 years), IVV annualized +8.32% vs +4.29% for IXG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or IXG?
IXG has been the more volatile fund at 20.9% annualized versus 14.8% for IVV. Worst drawdown: IVV -56.5% vs IXG -80.0%.
Should I hold both IVV and IXG?
IVV and IXG have a monthly-return correlation of 0.85, 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 IVV and IXG?
42.8% of IXG's money is in holdings IVV also owns. 42.8% of IXG's is in holdings IVV also owns. They hold 72 positions in common, counted across the 506 positions we hold weights for in IVV and 223 in IXG.
Which pays a higher dividend, IVV or IXG?
IVV yields 1.10% while IXG yields 2.23%, so IXG currently pays the higher dividend yield.
Is IXG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, IXG over 3Y. IXG is less concentrated, with 30.6% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.