IVV vs SHRT
IVV vs SHRT
iShares Core S&P 500 ETF vs Gotham Short Strategies 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 | IVV | SHRT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.35% | |
| AUM | $865.2B | $15M | |
| Dividend Yield | 1.09% | 0.08% | |
| Holdings | 508 | 806 | |
| YTD Return | +13.13% | -15.42% | |
| 1Y Return | +22.90% | -16.13% | |
| 3Y Return (annualized) | +21.08% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 13.2% | |
| Max Drawdown | -56.5% | -27.8% | |
| Fund Family | iShares by BlackRock (US) | Gotham ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 6, 2023 |
IVV vs SHRT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Gotham Short Strategies ETF (SHRT) is a ETF from Gotham ETFs. Over the past year IVV returned +22.90% while SHRT returned -16.13%. Year to date, IVV is up 13.13% versus a loss of 15.42% for SHRT.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.2% for SHRT. 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 -27.8% for SHRT. 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 -0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SHRT charges 1.35%. On a $10,000 position that is $3 vs $135 annually, a gap of $132 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.08% for SHRT.
Holdings Overlap
IVV and SHRT share 135 holdings out of 769 unique holdings combined, representing a 5.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SHRT | Difference |
|---|---|---|---|
| MSFT | 4.57% | -1.08% | 5.65% |
| MU | 1.69% | 1.35% | 0.34% |
| ACN | 0.13% | 1.55% | 1.42% |
| GM | Pro | Pro | Pro |
| SWKS | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| FSLR | Pro | Pro | Pro |
| DD | Pro | Pro | Pro |
| ALB | Pro | Pro | Pro |
See all 10 holdings IVV shares with SHRT 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 SHRT?
IVV has an expense ratio of 0.03% while SHRT charges 1.35%. IVV is the cheaper option. On a $10,000 investment, that is $132 per year of difference.
Which performed better, IVV or SHRT?
Over the past year IVV returned +22.90% vs -16.13% for SHRT, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs -8.71% for SHRT. Past performance does not guarantee future results.
Which is riskier, IVV or SHRT?
IVV has been the more volatile fund at 15.1% annualized versus 13.2% for SHRT. Worst drawdown: IVV -56.5% vs SHRT -27.8%.
Should I hold both IVV and SHRT?
IVV and SHRT have a monthly-return correlation of -0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SHRT?
IVV and SHRT share 135 common holdings with a 5.8% weight overlap. Combined, they hold 769 unique securities.
Which pays a higher dividend, IVV or SHRT?
IVV yields 1.09% while SHRT yields 0.08%, so IVV currently pays the higher dividend yield.
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