IXN vs SPY
IXN vs SPY
iShares Global Tech ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. IXN delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | IXN | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.09% | |
| AUM | $8.3B | $789.1B | |
| Dividend Yield | 0.76% | 1.01% | |
| Holdings | 145 | 505 | |
| YTD Return | +33.18% | +13.79% | |
| 1Y Return | +47.37% | +23.66% | |
| 3Y Return (annualized) | +33.57% | +21.40% | |
| 5Y Return (annualized) | +19.95% | +13.37% | |
| Volatility (annualized) | 20.9% | 15.3% | |
| Max Drawdown | -56.3% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 12, 2001 | Jan 22, 1993 |
IXN vs SPY Performance
iShares Global Tech ETF (IXN) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year IXN returned +47.37% while SPY returned +23.66%. Year to date, IXN is up 33.18% versus a gain of 13.79% for SPY.
Over three years, IXN compounded at +33.57% per year against +21.40% for SPY; over five years the annualized figures are +19.95% and +13.37% respectively. Across the full 25-year window we track, IXN has the edge at +11.80% annualized vs +8.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IXN has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 15.3% for SPY. 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 -56.3% for IXN and -56.5% for SPY. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IXN charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, IXN currently yields 0.76% against 1.01% for SPY.
Holdings Overlap
IXN and SPY share 74 holdings out of 557 unique holdings combined, representing a 37.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IXN | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 13.09% | 7.31% | 5.78% |
| AAPL | 12.69% | 7.09% | 5.60% |
| MSFT | 7.94% | 4.43% | 3.51% |
| AVGO | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
See all 10 holdings IXN shares with SPY 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, IXN or SPY?
IXN has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, IXN or SPY?
Over the past year IXN returned +47.37% vs +23.66% for SPY, so IXN leads on 1-year performance. Over the longest common window we track (25 years), IXN annualized +11.80% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, IXN or SPY?
IXN has been the more volatile fund at 20.9% annualized versus 15.3% for SPY. Worst drawdown: IXN -56.3% vs SPY -56.5%.
Should I hold both IXN and SPY?
IXN and SPY have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IXN and SPY?
IXN and SPY share 74 common holdings with a 37.1% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, IXN or SPY?
IXN yields 0.76% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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