IVV vs IWX
IVV vs IWX
iShares Core S&P 500 ETF vs iShares Russell Top 200 Value ETF
Quick Verdict
IVV has a lower expense ratio. IWX delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | IWX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $3.9B | |
| Dividend Yield | 1.09% | 1.46% | |
| Holdings | 508 | 156 | |
| YTD Return | +11.54% | +21.13% | |
| 1Y Return | +21.48% | +34.85% | |
| 3Y Return (annualized) | +20.86% | +19.93% | |
| 5Y Return (annualized) | +13.02% | +12.71% | |
| Volatility (annualized) | 15.1% | 13.9% | |
| Max Drawdown | -56.5% | -35.8% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 22, 2009 |
IVV vs IWX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Russell Top 200 Value ETF (IWX) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.48% while IWX returned +34.85%. Year to date, IVV is up 11.54% versus a gain of 21.13% for IWX.
Over three years, IVV compounded at +20.86% per year against +19.93% for IWX; over five years the annualized figures are +13.02% and +12.71% respectively. Across the full 17-year window we track, IWX has the edge at +9.96% annualized vs +6.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.9% for IWX. 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 -35.8% for IWX. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while IWX charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.46% for IWX.
Holdings Overlap
IVV and IWX share 145 holdings out of 513 unique holdings combined, representing a 48.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IWX | Difference |
|---|---|---|---|
| AAPL | 7.44% | 7.94% | 0.50% |
| AMZN | 3.75% | 8.32% | 4.57% |
| MSFT | 4.57% | 5.51% | 0.94% |
| JPM | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings IVV shares with IWX Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or IWX?
IVV has an expense ratio of 0.03% while IWX charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IVV or IWX?
Over the past year IVV returned +21.48% vs +34.85% for IWX, so IWX leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +6.97% vs +9.96% for IWX. Past performance does not guarantee future results.
Which is riskier, IVV or IWX?
IVV has been the more volatile fund at 15.1% annualized versus 13.9% for IWX. Worst drawdown: IVV -56.5% vs IWX -35.8%.
Should I hold both IVV and IWX?
IVV and IWX have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and IWX?
IVV and IWX share 145 common holdings with a 48.3% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, IVV or IWX?
IVV yields 1.09% while IWX yields 1.46%, so IWX currently pays the higher dividend yield.
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