IVV vs SIXL
iShares Core S&P 500 ETF vs 6 Meridian Low Beta Equity Strategy ETF
Which is better, IVV or SIXL?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIXL is less concentrated, with 4.8% 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 | SIXL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.47% |
| AUM | $896.5B | $200M |
| Dividend Yield | 1.10% | 2.28% |
| Holdings | 508 | 565 |
| YTD Return | +13.59%Best | +7.99% |
| 1Y Return | +17.54%Best | +8.34% |
| 3Y Return (annualized) | +22.46%Best | +9.86% |
| 5Y Return (annualized) | +13.28%Best | +4.37% |
| Volatility (annualized) | 15.3% | 12.6%Best |
| Max Drawdown | -24.5% | -16.1%Best |
| $10,000 over 5 years | $18,654Best | $12,384 |
| Top 10 Weight | 38.9% | 4.8%Best |
| Fund Family | iShares by BlackRock (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | May 11, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 14, 2026 (6.4 years).
IVV vs SIXL 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 6.4 years both funds cover.
IVV vs SIXL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an ETF from 6 Meridian ETF. Over the past year IVV returned +17.54% while SIXL returned +8.34%. Year to date, IVV is up 13.59% versus a gain of 7.99% for SIXL.
Over three years, IVV compounded at +22.46% per year against +9.86% for SIXL; over five years the annualized figures are +13.28% and +4.37% respectively. Across the full 6-year window we track, IVV has the edge at +17.72% annualized vs +8.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.6% for SIXL. 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 -16.1% for SIXL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SIXL charges 0.47%. On a $10,000 position that is $3 vs $47 annually, a gap of $44 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.28% for SIXL.
Holdings Overlap
12.0% of IVV's money is in holdings SIXL also owns. 32.3% of SIXL's money is in holdings IVV also owns.
The two portfolios partly overlap.
78 positions in common, counted across the 506 positions we hold weights for in IVV and 242 in SIXL, against full books of 508 and 565.
What only one of them owns
Our book lists 157 positions for SIXL that do not appear in our book for IVV (64.8% of the fund), and 422 for IVV that do not appear in SIXL (87.5%).
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 SIXL | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.02% | 0.44% | 0.58% |
| JNJJohnson & Johnson - Common | 0.94% | 0.42% | 0.52% |
| ABBVAbbvie Inc. | 0.69% | 0.45% | 0.24% |
| WMTWalmart, Inc. | 0.70% | 0.43% | 0.27% |
| CVXChevron Corp | 0.62% | 0.43% | 0.19% |
| COSTCostco Wholesale Corp. | 0.61% | 0.44% | 0.17% |
| PGProcter & Gamble Company | 0.51% | 0.43% | 0.08% |
| KOCoca Cola Co. | 0.50% | 0.43% | 0.07% |
| PMPhilip Morris International Inc. | 0.44% | 0.45% | 0.01% |
| VZVerizon Communic | 0.29% | 0.40% | 0.11% |
32.3% of SIXL 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 SIXL?
IVV has an expense ratio of 0.03% while SIXL charges 0.47%. IVV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, IVV or SIXL?
Over the past year IVV returned +17.54% vs +8.34% for SIXL, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +17.72% vs +8.17% for SIXL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SIXL?
IVV has been the more volatile fund at 15.3% annualized versus 12.6% for SIXL. Worst drawdown: IVV -24.5% vs SIXL -16.1%.
Should I hold both IVV and SIXL?
IVV and SIXL have a monthly-return correlation of 0.68, 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 SIXL?
32.3% of SIXL's money is in holdings IVV also owns. 32.3% of SIXL's is in holdings IVV also owns. They hold 78 positions in common, counted across the 506 positions we hold weights for in IVV and 242 in SIXL.
Which pays a higher dividend, IVV or SIXL?
IVV yields 1.10% while SIXL yields 2.28%, so SIXL currently pays the higher dividend yield.
Is SIXL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. SIXL is less concentrated, with 4.8% 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.