XVV vs. IVV

Last updated Jun 23, 2026

XVV (iShares ESG Screened S&P 500 ETF) and IVV (iShares Core S&P 500 ETF) are both S&P 500 funds from iShares - XVV tracks the S&P 500 Sustainablility Screened Index while IVV tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, XVV returned 13.13%/yr vs 13.58%/yr for IVV. With a 0.98 correlation, they move nearly in lockstep. XVV charges 0.08%/yr vs 0.03%/yr for IVV.

Performance

XVV vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Screened S&P 500 ETF (XVV) 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, XVV achieves a 8.02% return, which is significantly lower than IVV's 9.76% return.

XVV

• 1D: -0.60%
• 1M: -0.14%
• YTD: 8.02%
• 6M: 7.58%
• 1Y: 25.24%
• 3Y*: 21.05%
• 5Y*: 13.13%
• 10Y*: —

IVV

• 1D: -0.31%
• 1M: 0.09%
• YTD: 9.76%
• 6M: 9.30%
• 1Y: 26.83%
• 3Y*: 21.37%
• 5Y*: 13.58%
• 10Y*: 15.75%

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

XVV vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XVV iShares ESG Screened S&P 500 ETF	8.02%	17.53%	25.87%	29.78%	-21.46%	29.19%	16.13%
IVV iShares Core S&P 500 ETF	9.76%	17.85%	24.93%	26.31%	-18.16%	28.76%	16.46%

Correlation

The correlation between XVV and IVV is 0.98 - 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 (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Sep 24, 2020	0.98

The correlation between XVV and IVV has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

XVV vs. IVV - Sectors Allocation Comparison

Sectors	XVV	IVV
Technology	40.7%	39.0%
Financial Services	12.3%	11.1%
Communication Services	11.8%	10.6%
Consumer Cyclical	10.9%	9.9%
Healthcare	8.3%	8.3%
Industrials	6.3%	7.8%
Consumer Defensive	3.4%	4.5%
Real Estate	2.0%	1.8%
Basic Materials	1.8%	1.7%
Utilities	1.2%	2.1%
Energy	1.1%	3.1%

Return for Risk

XVV vs. IVV — Risk / Return Rank

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

XVV

XVV Risk / Return Rank: 56
XVV Sharpe Ratio Rank: 59
XVV Sortino Ratio Rank: 56
XVV Omega Ratio Rank: 58
XVV Calmar Ratio Rank: 50
XVV Martin Ratio Rank: 59

IVV

IVV Risk / Return Rank: 69
IVV Sharpe Ratio Rank: 70
IVV Sortino Ratio Rank: 67
IVV Omega Ratio Rank: 69
IVV Calmar Ratio Rank: 63
IVV Martin Ratio Rank: 74

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.

XVV vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P 500 ETF (XVV) 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.

	XVV	IVV	Difference
Sharpe ratio: Return per unit of total volatility	1.92	2.18	-0.26
Sortino ratio: Return per unit of downside risk	2.61	2.93	-0.32
Omega ratio: Gain probability vs. loss probability	1.35	1.39	-0.05
Calmar ratio: Return relative to maximum drawdown	2.39	3.03	-0.64
Martin ratio: Return relative to average drawdown	10.31	13.61	-3.31

XVV vs. IVV - Sharpe Ratio Comparison

The current XVV Sharpe Ratio is 1.92, which is comparable to the IVV Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of XVV 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.

Drawdowns

XVV vs. IVV - Drawdown Comparison

The maximum XVV drawdown since its inception was -27.20%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for XVV and IVV.

Drawdown Indicators

	XVV	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-27.20%	-55.25%	+28.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	-8.89%	-1.70%
Max Drawdown (3Y) Largest decline over 3 years	-19.59%	-18.75%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	-27.20%	-24.53%	-2.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-2.08%	-1.74%	-0.34%
Average Drawdown Average peak-to-trough decline	-5.84%	-10.76%	+4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	1.98%	+0.47%

Volatility

XVV vs. IVV - Volatility Comparison

iShares ESG Screened S&P 500 ETF (XVV) and iShares Core S&P 500 ETF (IVV) have volatilities of 4.81% and 4.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XVV	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	4.67%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	9.75%	+0.71%
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	12.41%	+0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.70%	16.97%	+0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.37%	18.10%	-0.73%

XVV vs. IVV - Expense Ratio Comparison

XVV 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

XVV vs. IVV - Dividend Comparison

XVV's dividend yield for the trailing twelve months is around 0.94%, less than IVV's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVV iShares Core S&P 500 ETF	1.09%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%
XVV iShares ESG Screened S&P 500 ETF	0.94%	0.94%	1.05%	1.25%	1.57%	0.81%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XVV and IVV in my portfolio?

With a correlation of 0.98, XVV 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.

Which is riskier, XVV or IVV?

XVV has higher volatility (4.81%) compared to IVV (4.67%). In terms of maximum drawdown, XVV dropped -27.20% vs IVV's -55.25%.

Which ETF is better, XVV or IVV?

On 5-year performance, IVV leads with 13.58% vs 13.13% for XVV. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XVV or IVV?

Over the 5-year period, IVV has performed better with a 13.58% return vs 13.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XVV or IVV?

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

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

IVV has the higher dividend yield at 1.09%, compared with 0.94% for XVV.

What is the main difference between XVV and IVV?

XVV tracks S&P 500 Sustainablility Screened Index, while IVV tracks S&P 500 Index. Their fees differ too: 0.08% for XVV and 0.03% for IVV.

Which has better risk-adjusted returns?

IVV currently has the higher Sharpe Ratio (2.18 vs 1.92), 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.