IVV vs TOLL
iShares Core S&P 500 ETF vs Tema Durable Quality ETF
Which is better, IVV or TOLL?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 3Y and the full window, TOLL over 1Y.
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 | TOLL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.55% |
| AUM | $896.5B | $47M |
| Dividend Yield | 1.10% | 0.24% |
| Holdings | 508 | 37 |
| YTD Return | +13.59% | +13.71%Best |
| 1Y Return | +17.54% | +17.61%Best |
| 3Y Return (annualized) | +22.46%Best | +18.18% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.6%Best | 15.3% |
| Max Drawdown | -18.8% | -15.5%Best |
| $10,000 over 3.4 years | $19,454Best | $16,059 |
| Fund Family | iShares by BlackRock (US) | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | May 11, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 11, 2023 to Oct 14, 2026 (3.4 years).
IVV vs TOLL 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 3.4 years both funds cover.
IVV vs TOLL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Tema Durable Quality ETF (TOLL) is an ETF from Tema Global Limited. Over the past year IVV returned +17.54% while TOLL returned +17.61%. Year to date, IVV is up 13.59% versus a gain of 13.71% for TOLL.
Over three years, IVV compounded at +22.46% per year against +18.18% for TOLL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOLL has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.6% 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 -18.8% for IVV and -15.5% for TOLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TOLL charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.24% for TOLL.
Holdings Overlap
At least 9.9% of IVV's money is in holdings TOLL also owns.
Stated as a floor: for TOLL, our book for it covers 84.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and TOLL share little of their money.
24 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in TOLL, against full books of 508 and 37.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TOLL | Difference |
|---|---|---|---|
| LRCXLam Research Corp | 0.64% | 5.44% | 4.80% |
| VVisa Inc Class A | 0.93% | 4.92% | 3.99% |
| AVGOBroadcom Inc | 2.47% | 3.34% | 0.87% |
| GEGeneral Electric Co. | 0.49% | 4.34% | 3.85% |
| KLACKla-tencor | 0.40% | 4.39% | 3.99% |
| FTNTFortinet Inc | 0.17% | 4.32% | 4.15% |
| AMATApplied Materials, Inc. | 0.64% | 3.18% | 2.54% |
| CBOEC B O E Holdings Inc. | 0.04% | 3.77% | 3.73% |
| KEYSKeysight Technologies Inc. | 0.10% | 3.59% | 3.49% |
| TMOThermo Fisherscientific Inc. | 0.36% | 3.23% | 2.87% |
You are not choosing between two funds in isolation.
Whichever of IVV and TOLL 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 TOLL?
IVV has an expense ratio of 0.03% while TOLL charges 0.55%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IVV or TOLL?
Over the past year IVV returned +17.54% vs +17.61% for TOLL, so TOLL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TOLL?
TOLL has been the more volatile fund at 15.3% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs TOLL -15.5%.
Should I hold both IVV and TOLL?
IVV and TOLL have a monthly-return correlation of 0.83, 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 TOLL?
At least 9.9% of IVV's money is in holdings TOLL also owns. Our book for TOLL is partial, so the real figure is this or higher. They hold 24 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in TOLL.
Which pays a higher dividend, IVV or TOLL?
IVV yields 1.10% while TOLL yields 0.24%, so IVV currently pays the higher dividend yield.
Is TOLL better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, TOLL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.