XT vs. IVV

Last updated Jun 4, 2026

XT (iShares Future Exponential Technologies ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - XT is a Technology Equities fund tracking the Morningstar Exponential Technologies Index (Net), while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, XT returned 14.70%/yr vs 15.54%/yr for IVV. Their correlation of 0.89 suggests significant overlap in exposure. XT charges 0.46%/yr vs 0.03%/yr for IVV.

Performance

XT vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Exponential Technologies ETF (XT) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XT achieves a 20.20% return, which is significantly higher than IVV's 10.85% return. Over the past 10 years, XT has underperformed IVV with an annualized return of 14.70%, while IVV has yielded a comparatively higher 15.54% annualized return.

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

IVV

• 1D: -0.76%
• 1M: 4.97%
• YTD: 10.85%
• 6M: 10.87%
• 1Y: 28.00%
• 3Y*: 22.43%
• 5Y*: 13.88%
• 10Y*: 15.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XT vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	27.02%	-27.83%	16.43%	35.10%	30.74%	-4.93%	33.71%
IVV iShares Core S&P 500 ETF	10.85%	17.85%	24.93%	26.31%	-18.16%	28.76%	18.40%	31.07%	-4.49%	21.75%

Correlation

The correlation between XT and IVV is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Mar 25, 2015	0.89

The correlation between XT and IVV has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

XT vs. IVV - Sectors Allocation Comparison

Sectors	XT	IVV
Technology	43.5%	35.6%
Healthcare	23.4%	8.5%
Industrials	10.1%	8.3%
Consumer Cyclical	7.9%	10.1%
Communication Services	5.2%	11.2%
Utilities	4.6%	2.4%
Financial Services	3.3%	11.8%
Basic Materials	2.0%	1.8%
Energy	0.3%	3.5%
Real Estate	0.0%	1.9%
Consumer Defensive	0.0%	4.9%

Return for Risk

XT vs. IVV — Risk / Return Rank

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

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

IVV

IVV Risk / Return Rank: 70
IVV Sharpe Ratio Rank: 71
IVV Sortino Ratio Rank: 70
IVV Omega Ratio Rank: 70
IVV Calmar Ratio Rank: 62
IVV Martin Ratio Rank: 75

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.

XT vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Exponential Technologies ETF (XT) 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.

	XT	IVV	Difference
Sharpe ratio: Return per unit of total volatility	2.89	2.39	+0.50
Sortino ratio: Return per unit of downside risk	3.83	3.25	+0.58
Omega ratio: Gain probability vs. loss probability	1.48	1.43	+0.05
Calmar ratio: Return relative to maximum drawdown	4.41	3.17	+1.24
Martin ratio: Return relative to average drawdown	18.51	14.71	+3.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XT vs. IVV - Sharpe Ratio Comparison

The current XT Sharpe Ratio is 2.89, which is comparable to the IVV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of XT and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XT	IVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.89	2.39	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.83	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.86	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.45	+0.20

Drawdowns

XT vs. IVV - Drawdown Comparison

The maximum XT drawdown since its inception was -34.41%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for XT and IVV.

Drawdown Indicators

	XT	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-34.41%	-55.25%	+20.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	-8.89%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-22.09%	-18.75%	-3.34%
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	-24.53%	-9.88%
Max Drawdown (10Y) Largest decline over 10 years	-34.41%	-33.90%	-0.51%
Current Drawdown Current decline from peak	-0.47%	-0.76%	+0.29%
Average Drawdown Average peak-to-trough decline	-7.41%	-10.78%	+3.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	1.91%	+0.58%

Volatility

XT vs. IVV - Volatility Comparison

iShares Future Exponential Technologies ETF (XT) has a higher volatility of 4.85% compared to iShares Core S&P 500 ETF (IVV) at 2.87%. This indicates that XT's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XT	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	2.87%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	8.90%	+3.04%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	11.80%	+4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	16.88%	+3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.08%	18.05%	+2.03%

XT vs. IVV - Expense Ratio Comparison

XT has a 0.46% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

XT vs. IVV - Dividend Comparison

XT's dividend yield for the trailing twelve months is around 6.61%, more than IVV's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVV iShares Core S&P 500 ETF	1.06%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both XT and IVV in my portfolio?

XT and IVV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XT or IVV?

XT has higher volatility (4.85%) compared to IVV (2.87%). In terms of maximum drawdown, XT dropped -34.41% vs IVV's -55.25%.

Which ETF is better, XT or IVV?

On 10-year performance, IVV leads with 15.54% vs 14.70% for XT. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XT or IVV?

Over the 10-year period, IVV has performed better with a 15.54% return vs 14.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XT or IVV?

IVV is cheaper with a 0.03% expense ratio, compared with 0.46% for XT.

Which ETF pays a higher dividend yield, XT or IVV?

XT has the higher dividend yield at 6.61%, compared with 1.06% for IVV.

What is the main difference between XT and IVV?

XT is categorized as Technology Equities, while IVV is S&P 500. XT tracks Morningstar Exponential Technologies Index (Net), while IVV tracks S&P 500 Index. Their fees differ too: 0.46% for XT and 0.03% for IVV.

Which has better risk-adjusted returns?

XT currently has the higher Sharpe Ratio (2.89 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.