the gap between themIVV ahead by $53
IVV solid · SPY dashed · weekly closes, dividends reinvested
IVV wins 2 of 4. Which matters depends on what you need it for.
- Grew more over five yearsIVV +87% · SPY +86%
IVV
- Fell less at its worstIVV −24% · SPY −24%tie
- Calmer rideIVV 16% vol · SPY 16% voltie
- Cheaper to holdIVV 0.03% a year · SPY 0.09% a year
near twins · correlation 1.00
Side by side, line by line
| Metric | ||
|---|---|---|
| Price | $776.86 | $773.50 |
| Fund size | $883.99B | $811.94B |
| 1-year return | +18.2% (ahead) | +18.1% |
| 3-year return, a year | +23.1% | +23.1% |
| 5-year return, a year | +13.3% | +13.3% |
| Volatility, a year | 16% | 16% |
| Worst drawdown | −24% | −24% |
| Worst week | −9.1%Mar 2025 | −9.1%Mar 2025 |
| Beta | 1.00 | 1.00 |
| Dividend yield | 1.06% | 0.98% |
| Expense ratio | 0.03% (ahead) | 0.09% |
Do IVV and SPY move together?
Correlation compares IVV’s and SPY’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.
How far each one fell
IVV
−24%
From its Dec 2021 high to Sep 2022. Back at that high by Dec 2023.
SPY
−24%
From its Dec 2021 high to Sep 2022. Back at that high by Dec 2023.
Worst peak-to-trough fall on weekly closes · dividends reinvested
How much of it is the same money
IVV vs SPY: what people ask
Is IVV better than SPY?
Over the past five years, IVV delivered the higher return: +13.3% a year against +13.2% for SPY, dividends reinvested. Both fell about as far at their worst (−24% and −24%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.
What is the difference between IVV and SPY?
IVV is iShares Core S&P 500 ETF, a fund with $883.99B in assets. SPY is SPDR S&P 500 ETF Trust, a fund with $811.94B in assets. IVV charges 0.03% a year and SPY 0.09%. Counting only each fund’s ten largest positions, 38% of their money sits in the same companies.
Should I own both IVV and SPY?
Their weekly returns had a correlation of 1.00 over the past five years. They rise and fall in lockstep, so holding both adds almost no diversification. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.
Which is riskier, IVV or SPY?
IVV swung more: 16% annual volatility against 16% for SPY. At their worst, IVV fell 24% and SPY 24% from a previous high. Against the broad market, their betas are 1.00 and 1.00.
Which pays a higher dividend, IVV or SPY?
IVV currently yields 1.06%, against 0.98% for SPY. Yields move with price, so a higher yield can also mean a falling price.
Which is cheaper to hold, IVV or SPY?
IVV charges 0.03% a year and SPY 0.09%. On $10,000, that is $6.45 a year in favor of IVV.
Compare something else
Any two stocks or ETFs. Keep IVV or swap both.
Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.