SPY vs IVV - Compare ETFs side by side

At a glance

Comparing SPY and IVV. IVV has the lower management fee at 0.04% a year and IVV offers the higher at 1.25%.

Lower fee

IVV 0.04% p.a.

Higher yield

IVV 1.25%

Larger fund

IVV $14.9bn

Side-by-side comparison

Metric	SPY State Street SPDR S&P 500 ETF	IVV iShares S&P 500 ETF
Snapshot
Provider	State Street	iShares
Tracks index	S&P 500 Index	S&P 500 Index
Categories	Intl, Large-Cap, Market-Cap, US	US, Large-Cap, Market-Cap
Listed since	—	2007 (19 yrs)
Fund size (AUM)	$412m	$14.9bn
Cost & income
Management fee	0.09%	0.04%
Dividend yield	—	1.25%
Franking	0%	0%
Turnover	—	3%
Tax drag	—	0.47%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	10.1% net
3-year return	—	19.6% net
5-year return	—	14.4% net
10-year return	—	16.2% net
Risk
Volatility (3y)	—	10.9%
Volatility (5y)	—	12.3%
Volatility (10y)	—	12%
Sharpe ratio (3y)	—	1.33
Sharpe ratio (5y)	—	0.89
Sharpe ratio (10y)	—	1.13
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

SPY State Street SPDR S&P 500 ETF

Low-cost: a 0.09% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: VTS, IVV, and V500.

Full SPY analysis →

IVV iShares S&P 500 ETF

Top-5% returns over 10 years (5th of 110 ETFs we track).
Low-cost: a 0.04% management fee keeps more of the return in your pocket.

Cheaper alternatives exist: VTS.

Full IVV analysis →

Frequently Asked Questions

What's the difference between SPY vs IVV?

SPY and IVV are 2 Australian-listed ETFs we compare side by side. IVV carries the lower management fee (0.04%). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - SPY vs IVV?

IVV has the lower management fee at 0.04% a year, versus SPY 0.09%.

Which pays the higher dividend yield?

IVV pays the higher at 1.25%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IVV is the larger fund by assets ($14.9bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

SPY vs VTS SPY vs V500 SPY vs QUS SPY vs V5AH SPY vs HQUS IVV vs VTS IVV vs IHVV IVV vs U100

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.