IVV vs SLTY
iShares Core S&P 500 ETF vs YieldMax Ultra Short Option Income Strategy ETF
Which is better, IVV or SLTY?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.71, so holding both offsets the exposure while paying both fees.
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 | SLTY |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.25% |
| AUM | $896.5B | $28M |
| Dividend Yield | 1.10% | 97.64% |
| Holdings | 508 | 115 |
| YTD Return | +13.59%Best | -5.09% |
| 1Y Return | +17.54%Best | -5.00% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.4%Best | 15.4% |
| Max Drawdown | -8.9%Best | -20.9% |
| $10,000 over 1.1 years | $12,180Best | $8,212 |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Aug 20, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 21, 2025 to Oct 14, 2026 (1.1 years).
IVV vs SLTY 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 1.1 years both funds cover.
IVV vs SLTY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and YieldMax Ultra Short Option Income Strategy ETF (SLTY) is an ETF from YieldMax ETF. Over the past year IVV returned +17.54% while SLTY returned -5.00%. Year to date, IVV is up 13.59% versus a loss of 5.09% for SLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLTY has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 12.4% 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 -8.9% for IVV and -20.9% for SLTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.71. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while SLTY charges 1.25%. On a $10,000 position that is $3 vs $125 annually, a gap of $122 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 97.64% for SLTY.
Holdings Overlap
At least 2.8% of IVV's money is in holdings SLTY also owns.
Stated as a floor: for SLTY, our book for it covers 34.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
They hold the same names on opposite sides, so owning both offsets the exposure rather than doubling it.
15 positions in common, counted across the 506 positions we hold weights for in IVV and 30 in SLTY, against full books of 508 and 115.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SLTY | Difference |
|---|---|---|---|
| WYNNWynn Resorts Ltd. | 0.01% | -1.94% | 1.95% |
| HLTHilton Worldwide Holdings Inc. | 0.11% | -2.15% | 2.26% |
| SPGSimon Property Group Inc | 0.10% | -2.20% | 2.30% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.12% | -2.88% | 3.00% |
| TSLATesla Inc | 1.51% | -4.30% | 5.81% |
| ALGNAlign Technology Inc. | 0.01% | -2.89% | 2.90% |
| KKRKkr & Co. Inc. Class a | 0.10% | -3.42% | 3.52% |
| TGTTARGET CORP | 0.11% | -3.80% | 3.91% |
| CARRCarrier Global Corporation | 0.07% | -3.97% | 4.04% |
| NKENike Inc | 0.06% | -4.25% | 4.31% |
You are not choosing between two funds in isolation.
Whichever of IVV and SLTY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SLTY?
IVV has an expense ratio of 0.03% while SLTY charges 1.25%. IVV is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, IVV or SLTY?
Over the past year IVV returned +17.54% vs -5.00% for SLTY, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +19.64% vs -16.40% for SLTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SLTY?
SLTY has been the more volatile fund at 15.4% annualized versus 12.4% for IVV. Worst drawdown: IVV -8.9% vs SLTY -20.9%.
Should I hold both IVV and SLTY?
IVV and SLTY have a monthly-return correlation of -0.71, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
What is the holdings overlap between IVV and SLTY?
At least 2.8% of IVV's money is in holdings SLTY also owns. Our book for SLTY is partial, so the real figure is this or higher. They hold 15 positions in common, counted across the 506 positions we hold weights for in IVV and 30 in SLTY.
Which pays a higher dividend, IVV or SLTY?
IVV yields 1.10% while SLTY yields 97.64%, so SLTY currently pays the higher dividend yield.
Is SLTY better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.71, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.