PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDIV vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDIV vs. IVV

Last updated Jun 24, 2026

XDIV (Roundhill S&P 500 No Dividend Target ETF) and IVV (iShares Core S&P 500 ETF) are both S&P 500 funds. XDIV is actively managed, while IVV is passively managed. With a 0.97 correlation, they move nearly in lockstep. XDIV charges 0.08%/yr vs 0.03%/yr for IVV.

Performance

XDIV vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 No Dividend Target ETF (XDIV) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both investments are quite close, with XDIV having a 8.01% return and IVV slightly higher at 8.20%.

XDIV

1D
-1.37%
1M
-1.30%
YTD
8.01%
6M
7.28%
1Y
—
3Y*
—
5Y*
—
10Y*
—

IVV

1D
-1.42%
1M
-1.34%
YTD
8.20%
6M
7.25%
1Y
23.72%
3Y*
20.79%
5Y*
13.13%
10Y*
15.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV vs. IVV - Yearly Performance Comparison

2026 (YTD)2025
XDIV
Roundhill S&P 500 No Dividend Target ETF		8.01%10.07%
IVV
iShares Core S&P 500 ETF		8.20%9.95%

Correlation

The correlation between XDIV and IVV is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 10, 2025

0.97

XDIV vs. IVV - Sectors Allocation Comparison

Sectors
XDIV
IVV

Technology

39.0%
39.0%

Financial Services

11.1%
11.1%

Communication Services

10.6%
10.6%

Consumer Cyclical

9.9%
9.9%

Healthcare

8.3%
8.3%

Industrials

7.8%
7.8%

Consumer Defensive

4.5%
4.5%

Energy

3.1%
3.1%

Utilities

2.1%
2.1%

Real Estate

1.8%
1.8%

Basic Materials

1.7%
1.7%

Technology

XDIV
39.0%
IVV
39.0%

Financial Services

XDIV
11.1%
IVV
11.1%

Communication Services

XDIV
10.6%
IVV
10.6%

Consumer Cyclical

XDIV
9.9%
IVV
9.9%

Healthcare

XDIV
8.3%
IVV
8.3%

Industrials

XDIV
7.8%
IVV
7.8%

Consumer Defensive

XDIV
4.5%
IVV
4.5%

Energy

XDIV
3.1%
IVV
3.1%

Utilities

XDIV
2.1%
IVV
2.1%

Real Estate

XDIV
1.8%
IVV
1.8%

Basic Materials

XDIV
1.7%
IVV
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill S&P 500 No Dividend Target ETF

iShares Core S&P 500 ETF

Often compared with XDIV:
XDIV vs. XIC.TOXDIV vs. VOOXDIV vs. VDY.TOXDIV vs. SPYXDIV vs. XEQT.TOXDIV vs. XEI.TOXDIV vs. QQQ
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

XDIV vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDIV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IVV
IVV Risk / Return Rank: 5959
Overall Rank
IVV Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 5656
Sortino Ratio Rank
IVV Omega Ratio Rank: 5858
Omega Ratio Rank
IVV Calmar Ratio Rank: 5656
Calmar Ratio Rank
IVV Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDIV vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 No Dividend Target ETF (XDIV) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

XDIVIVVDifference
Sharpe ratioReturn per unit of total volatility

—

1.91

—

Sortino ratioReturn per unit of downside risk

—

2.60

—

Omega ratioGain probability vs. loss probability

—

1.35

—

Calmar ratioReturn relative to maximum drawdown

—

2.68

—

Martin ratioReturn relative to average drawdown

—

11.98

—

XDIV vs. IVV - Sharpe Ratio Comparison

Loading charts...

Drawdowns

XDIV vs. IVV - Drawdown Comparison

The maximum XDIV drawdown since its inception was -9.16%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for XDIV and IVV.

Loading charts...

Drawdown Indicators

XDIVIVVDifference

Max Drawdown

Largest peak-to-trough decline

-9.16%

-55.25%

+46.09%

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.89%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-18.75%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.53%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-3.02%

-3.14%

+0.12%

Average Drawdown

Average peak-to-trough decline

-1.25%

-10.76%

+9.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.99%

—

Volatility

XDIV vs. IVV - Volatility Comparison

Loading charts...

Volatility by Period

XDIVIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.88%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

9.85%

—

Volatility (1Y)

Calculated over the trailing 1-year period

12.86%

12.48%

+0.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.86%

16.98%

-4.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.86%

18.07%

-5.21%

XDIV vs. IVV - Expense Ratio Comparison

XDIV has a 0.08% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XDIV vs. IVV - Dividend Comparison

XDIV has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.11%.

PositionTTM20252024202320222021202020192018201720162015
IVV
iShares Core S&P 500 ETF		1.11%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%
XDIV
Roundhill S&P 500 No Dividend Target ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.97, XDIV and IVV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, IVV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IVV is cheaper with a 0.03% expense ratio, compared with 0.08% for XDIV.

IVV has the higher dividend yield at 1.11%, compared with 0.00% for XDIV.

They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.08% for XDIV and 0.03% for IVV.

Portfolio Optimizer

Find the right allocation for XDIV and IVV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer