IVV vs XYLD
IVV vs XYLD
iShares Core S&P 500 ETF vs Global X S&P 500 Covered Call 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 | XYLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.60% | |
| AUM | $865.2B | $3.2B | |
| Dividend Yield | 1.09% | 10.37% | |
| Holdings | 508 | 507 | |
| YTD Return | +9.93% | +7.81% | |
| 1Y Return | +19.59% | +17.92% | |
| 3Y Return (annualized) | +19.41% | +11.27% | |
| 5Y Return (annualized) | +12.89% | +7.74% | |
| Volatility (annualized) | 15.1% | 11.2% | |
| Max Drawdown | -56.5% | -34.7% | |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jun 21, 2013 |
IVV vs XYLD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Global X S&P 500 Covered Call ETF (XYLD) is a ETF from Global X by mirae Asset. Over the past year IVV returned +19.59% while XYLD returned +17.92%. Year to date, IVV is up 9.93% versus a gain of 7.81% for XYLD.
Over three years, IVV compounded at +19.41% per year against +11.27% for XYLD; over five years the annualized figures are +12.89% and +7.74% respectively. Across the full 13-year window we track, IVV has the edge at +6.91% annualized vs +4.89%. 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 11.2% for XYLD. 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 -34.7% for XYLD. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while XYLD charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 10.37% for XYLD.
Holdings Overlap
IVV and XYLD share 482 holdings out of 516 unique holdings combined, representing a 94.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in XYLD | Difference |
|---|---|---|---|
| NVDA | 7.76% | 8.73% | 0.97% |
| AAPL | 7.44% | 7.03% | 0.41% |
| MSFT | 4.57% | 5.02% | 0.45% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings IVV shares with XYLD 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 XYLD?
IVV has an expense ratio of 0.03% while XYLD charges 0.60%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, IVV or XYLD?
Over the past year IVV returned +19.59% vs +17.92% for XYLD, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +6.91% vs +4.89% for XYLD. Past performance does not guarantee future results.
Which is riskier, IVV or XYLD?
IVV has been the more volatile fund at 15.1% annualized versus 11.2% for XYLD. Worst drawdown: IVV -56.5% vs XYLD -34.7%.
Should I hold both IVV and XYLD?
IVV and XYLD have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and XYLD?
IVV and XYLD share 482 common holdings with a 94.4% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, IVV or XYLD?
IVV yields 1.09% while XYLD yields 10.37%, so XYLD currently pays the higher dividend yield.
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