ESIX vs IVV
ESIX vs IVV
State Street SPDR S&P SmallCap 600 ESG ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ESIX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.03% | |
| AUM | $8M | $865.2B | |
| Dividend Yield | 1.44% | 1.09% | |
| Holdings | 385 | 508 | |
| YTD Return | +9.97% | +13.52% | |
| 1Y Return | +21.07% | +23.63% | |
| 3Y Return (annualized) | +13.75% | +21.26% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 20.6% | 15.1% | |
| Max Drawdown | -28.1% | -56.5% | |
| Fund Family | State Street Investment Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 10, 2022 | May 15, 2000 |
ESIX vs IVV Performance
State Street SPDR S&P SmallCap 600 ESG ETF (ESIX) is a ETF from State Street Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ESIX returned +21.07% while IVV returned +23.63%. Year to date, ESIX is up 9.97% versus a gain of 13.52% for IVV.
Over three years, ESIX compounded at +13.75% per year against +21.26% for IVV. Across the full 4-year window we track, IVV has the edge at +7.04% annualized vs +4.96%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ESIX has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 15.1% 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 -28.1% for ESIX and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESIX charges 0.12% per year while IVV charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, ESIX currently yields 1.44% against 1.09% for IVV.
Holdings Overlap
ESIX and IVV share 1 holdings out of 884 unique holdings combined, representing a 0.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ESIX | Weight in IVV | Difference |
|---|---|---|---|
| PR | 0.57% | 0.62% | 0.05% |
Frequently Asked Questions
Which is cheaper, ESIX or IVV?
ESIX has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, ESIX or IVV?
Over the past year ESIX returned +21.07% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), ESIX annualized +4.96% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, ESIX or IVV?
ESIX has been the more volatile fund at 20.6% annualized versus 15.1% for IVV. Worst drawdown: ESIX -28.1% vs IVV -56.5%.
Should I hold both ESIX and IVV?
ESIX and IVV have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ESIX and IVV?
ESIX and IVV share 1 common holdings with a 0.6% weight overlap. Combined, they hold 884 unique securities.
Which pays a higher dividend, ESIX or IVV?
ESIX yields 1.44% while IVV yields 1.09%, so ESIX currently pays the higher dividend yield.
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