IVV vs SLYG
IVV vs SLYG
iShares Core S&P 500 ETF vs State Street SPDR S&P 600 Small Cap Growth ETF
Quick Verdict
IVV has a lower expense ratio. SLYG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SLYG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $5.1B | |
| Dividend Yield | 1.09% | 0.64% | |
| Holdings | 508 | 343 | |
| YTD Return | +13.13% | +23.71% | |
| 1Y Return | +22.90% | +32.10% | |
| 3Y Return (annualized) | +21.08% | +14.83% | |
| 5Y Return (annualized) | +13.27% | +6.57% | |
| Volatility (annualized) | 15.1% | 21.2% | |
| Max Drawdown | -56.5% | -62.1% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 25, 2000 |
IVV vs SLYG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 600 Small Cap Growth ETF (SLYG) is a ETF from State Street Investment Management. Over the past year IVV returned +22.90% while SLYG returned +32.10%. Year to date, IVV is up 13.13% versus a gain of 23.71% for SLYG.
Over three years, IVV compounded at +21.08% per year against +14.83% for SLYG; over five years the annualized figures are +13.27% and +6.57% respectively. Across the full 26-year window we track, IVV has the edge at +7.02% annualized vs +6.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLYG has been the more volatile fund, with annualized monthly volatility of 21.2% 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 -56.5% for IVV and -62.1% for SLYG. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SLYG charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.64% for SLYG.
Holdings Overlap
IVV and SLYG share 1 holdings out of 843 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 IVV | Weight in SLYG | Difference |
|---|---|---|---|
| NUVL | 0.62% | 0.68% | 0.06% |
Frequently Asked Questions
Which is cheaper, IVV or SLYG?
IVV has an expense ratio of 0.03% while SLYG charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IVV or SLYG?
Over the past year IVV returned +22.90% vs +32.10% for SLYG, so SLYG leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.02% vs +6.48% for SLYG. Past performance does not guarantee future results.
Which is riskier, IVV or SLYG?
SLYG has been the more volatile fund at 21.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SLYG -62.1%.
Should I hold both IVV and SLYG?
IVV and SLYG have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SLYG?
IVV and SLYG share 1 common holdings with a 0.6% weight overlap. Combined, they hold 843 unique securities.
Which pays a higher dividend, IVV or SLYG?
IVV yields 1.09% while SLYG yields 0.64%, so IVV currently pays the higher dividend yield.
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