IVV vs KIE
iShares Core S&P 500 ETF vs State Street SPDR S&P Insurance ETF
Which is better, IVV or KIE?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. KIE is less concentrated, with 21.4% 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 | KIE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $896.5B | $534M |
| Dividend Yield | 1.10% | 1.70% |
| Holdings | 508 | 55 |
| YTD Return | +13.59%Best | +3.58% |
| 1Y Return | +17.54%Best | +4.11% |
| 3Y Return (annualized) | +22.46%Best | +13.18% |
| 5Y Return (annualized) | +13.28%Best | +10.28% |
| Volatility (annualized) | 15.0%Best | 21.0% |
| Max Drawdown | -56.5%Best | -76.2% |
| $10,000 over 5 years | $18,654Best | $16,311 |
| Top 10 Weight | 38.9% | 21.4%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Nov 15, 2005 to Oct 14, 2026 (20.9 years).
IVV vs KIE 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 20.9 years both funds cover.
IVV vs KIE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P Insurance ETF (KIE) is an ETF from State Street Investment Management. Over the past year IVV returned +17.54% while KIE returned +4.11%. Year to date, IVV is up 13.59% versus a gain of 3.58% for KIE.
Over three years, IVV compounded at +22.46% per year against +13.18% for KIE; over five years the annualized figures are +13.28% and +10.28% respectively. Across the full 21-year window we track, IVV has the edge at +9.60% annualized vs +6.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KIE has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 15.0% 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 -76.2% for KIE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while KIE charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.70% for KIE.
Holdings Overlap
1.5% of IVV's money is in holdings KIE also owns. 41.1% of KIE's money is in holdings IVV also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 506 positions we hold weights for in IVV and 54 in KIE, against full books of 508 and 55.
What only one of them owns
Our book lists 30 positions for KIE that do not appear in our book for IVV (55.0% of the fund), and 478 for IVV that do not appear in KIE (98.0%).
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 KIE | Difference |
|---|---|---|---|
| TRVThe Travelers Cos, Inc. | 0.11% | 2.17% | 2.06% |
| ALLAllstate Corp. | 0.09% | 1.99% | 1.90% |
| PGRProgressive Corporation | 0.19% | 1.87% | 1.68% |
| METMetlife Inc. | 0.08% | 1.98% | 1.90% |
| PRUPrudential Financial Inc | 0.06% | 1.99% | 1.93% |
| AJGArthur J Gallagher & Co. | 0.09% | 1.92% | 1.83% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 0.12% | 1.86% | 1.74% |
| CBChubb Ltd Common Stock Usd 24.15 | 0.18% | 1.79% | 1.61% |
| BROBrown & Brown Inc | 0.03% | 1.93% | 1.90% |
| EGEverest Group Ltd Common Stock | 0.02% | 1.94% | 1.92% |
41.1% of KIE 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 KIE?
IVV has an expense ratio of 0.03% while KIE charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or KIE?
Over the past year IVV returned +17.54% vs +4.11% for KIE, so IVV leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.60% vs +6.57% for KIE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KIE?
KIE has been the more volatile fund at 21.0% annualized versus 15.0% for IVV. Worst drawdown: IVV -56.5% vs KIE -76.2%.
Should I hold both IVV and KIE?
IVV and KIE have a monthly-return correlation of 0.79, 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 KIE?
41.1% of KIE's money is in holdings IVV also owns. 41.1% of KIE's is in holdings IVV also owns. They hold 22 positions in common, counted across the 506 positions we hold weights for in IVV and 54 in KIE.
Which pays a higher dividend, IVV or KIE?
IVV yields 1.10% while KIE yields 1.70%, so KIE currently pays the higher dividend yield.
Is KIE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. KIE is less concentrated, with 21.4% 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.