IVV vs XLK
IVV vs XLK
iShares Core S&P 500 ETF vs State Street Technology Select Sector SPDR ETF
Quick Verdict
IVV has a lower expense ratio. XLK delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | XLK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.08% | |
| AUM | $865.2B | $114.1B | |
| Dividend Yield | 1.09% | 0.42% | |
| Holdings | 508 | 76 | |
| YTD Return | +13.80% | +30.58% | |
| 1Y Return | +23.70% | +43.53% | |
| 3Y Return (annualized) | +21.49% | +31.09% | |
| 5Y Return (annualized) | +13.43% | +20.41% | |
| Volatility (annualized) | 15.1% | 23.2% | |
| Max Drawdown | -56.5% | -82.0% | |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 16, 1998 |
IVV vs XLK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street Technology Select Sector SPDR ETF (XLK) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +23.70% while XLK returned +43.53%. Year to date, IVV is up 13.80% versus a gain of 30.58% for XLK.
Over three years, IVV compounded at +21.49% per year against +31.09% for XLK; over five years the annualized figures are +13.43% and +20.41% respectively. Across the full 26-year window we track, XLK has the edge at +9.49% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XLK has been the more volatile fund, with annualized monthly volatility of 23.2% 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 -82.0% for XLK. 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 XLK charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.42% for XLK.
Holdings Overlap
IVV and XLK share 73 holdings out of 507 unique holdings combined, representing a 36.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in XLK | Difference |
|---|---|---|---|
| NVDA | 7.76% | 12.84% | 5.08% |
| AAPL | 7.44% | 12.45% | 5.01% |
| MSFT | 4.57% | 7.79% | 3.22% |
| AVGO | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| PLTR | Pro | Pro | Pro |
See all 10 holdings IVV shares with XLK 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 XLK?
IVV has an expense ratio of 0.03% while XLK charges 0.08%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, IVV or XLK?
Over the past year IVV returned +23.70% vs +43.53% for XLK, so XLK leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.05% vs +9.49% for XLK. Past performance does not guarantee future results.
Which is riskier, IVV or XLK?
XLK has been the more volatile fund at 23.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs XLK -82.0%.
Should I hold both IVV and XLK?
IVV and XLK 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 XLK?
IVV and XLK share 73 common holdings with a 36.7% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or XLK?
IVV yields 1.09% while XLK yields 0.42%, so IVV currently pays the higher dividend yield.
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