IVV vs SPYG: Grades, Fees and Holdings Compared

iShares Core S&P 500 ETF

IVVANYSE Arca

State Street SPDR Portfolio S&P 500 Growth ETF

SPYGANYSE Arca

Overlap

66.1%by weight

Expense ratio

IVV −0.01pt a year

IVV0.03%SPYG0.04%

Avg volume · 30D

IVV 2.8×the volume

IVV6.39MSPYG2.26M

10Y return · a year

SPYG +2.3pt

IVV+15.7%SPYG+18.0%

IVV vs SPYG Performance

Oct 28, 2021 – Oct 28, 2026

+80.7%IVV+81.8%SPYG

Expense ratio: IVV 0.03%, better; SPYG 0.04%
Fund size: IVV $889B; SPYG $55.3B
1Y total return: IVV +13.7%, better; SPYG +12.2%
Yield (12M): IVV 1.08%, better; SPYG 0.48%
Holdings: IVV 507; SPYG 153
Avg volume (30D): IVV 6.39M sh, better; SPYG 2.26M sh
NAV per share: IVV $775.30; SPYG $119.41
52W range

ETF.net Grade

Pillar letters and Scores for IVV, SPYG, with each pillar’s weight
Pillar	IVV	SPYG
Cost30% weight	A84	A96
Mission25% weight	A100	A98
Risk15% weight	C51	B55
Tradability15% weight	A80	A95
Holdings10% weight	B55	D37
Durability5% weight	A86	A79

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

S&P 500⁠

Category · 14 funds

See all 14 ›

IVV ranks 2nd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74

US Growth Index⁠

Category · 35 funds

See all 35 ›

SPYG ranks 1st of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 83
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78

Our read on each fund

ETF.net Research

IVVAiShares Core S&P 500 ETF

SPYGAState Street SPDR Portfolio S&P 500 Growth ETF

In short

IVV The 2000-vintage iShares take on the S&P 500, now a $100B-plus cornerstone holding: roughly 500 large US companies, 0.03% a year, and tracking that stays tight to the index.

SPYG The growth half of the S&P 500 for 0.04% a year, running since 2000. No exotic screen, no reinvention: just the index's fastest-growing names, in the cheapest wrapper tracking that index.

Stated mandate

IVV The fund seeks to track the investment results of an index made up of large-capitalization U.S. equities.

SPYG The fund seeks to track, before fees and expenses, the total return of the S&P 500 Growth Index. It provides exposure to S&P 500 companies selected for strong growth characteristics.

Why people hold it

IVV Costs 0.03% a year, a fraction of the typical fee among S&P 500 trackers, and undercuts the category's founding fund (SPY, 0.09%) on the same index.
Tracking is the whole job, and it does it about as tightly as this peer group gets: roughly 500 large US companies, no manager discretion bolted on.
A $100B-plus fund that trades heavily all session, which is what keeps bid-ask spreads thin for retail-sized orders and institutional blocks alike.
Running since 2000 as a registered open-end fund, with quarterly distributions and one of the longest live records in the S&P 500 aisle.ishares.com

SPYG Costs 0.04% a year, well under the typical fee in the US growth-ETF group.
The cheapest way to buy the S&P 500 Growth Index: VOOG follows the same benchmark at 0.07%.
Has tracked its index tightly, one of the strongest implementations among growth funds we grade.
Trading since 2000, now a multi-billion-dollar fund that changes hands actively, so spreads stay thin. Pays quarterly.

Worth knowing

IVV Pure US large cap. No mid caps, no small caps, nothing overseas, so it works as one slab of a portfolio rather than the whole thing.
It rides the index in both directions: when the S&P 500 has an ugly year, this has the same ugly year, minus the fee.
A near-identical rival shaves a basis point (SPYM at 0.02%). On $10,000 that gap is about a dollar a year, so structure and trading habits matter more.

SPYG About 150 stocks, not 500. You get the growth slice, which means heavier single-name and sector concentration than the full index.
The index screens on growth and momentum, so rebalances lean into names that have already run and the ride is bumpier than the broad market.
Large-cap US only. No small caps, no international, no bonds.

Full IVV profile⁠

Full SPYG profile⁠

IVV vs SPYG Holdings

Holdings as of Oct 28, 2026 for IVV and Oct 27, 2026 for SPYG

How IVV and SPYG differ

Overlap by weight

66.1%

Shared holdings make up 100% of SPYG and 67.4% of IVV.

Level by level

Holdings152 in both66.1%
Sector11 Sectors79.2%
Countryby domicile98.3%
Asset classEquity100%

Sector

Sector weights in IVV and SPYG, widest gap first
Sector	More in IVVMore in SPYG	IVV	SPYG
Technology	SPYG +15.3 points	37.6%	52.9%
Communication	SPYG +5.6 points	9.2%	14.8%
Consumer Staples	IVV +3.8 points	5.0%	1.2%
Energy	IVV +3.7 points	3.7%	0.0%
Health Care	IVV +3.0 points	9.9%	6.8%
Financials	IVV +2.9 points	12.1%	9.2%
Industrials	IVV +2.4 points	8.0%	5.6%
Utilities	IVV +1.7 points	2.0%	0.3%
Materials	IVV +1.4 points	1.7%	0.3%
Real Estate	IVV +1.2 points	1.8%	0.6%
Consumer Discretionary	IVV +0.7 points	9.0%	8.3%

Country, concentration and asset class

Country by domicile

Country weights in IVV and SPYG, widest gap first
Country	More in IVVMore in SPYG	IVV	SPYG
United States	SPYG +1.4 points	97.9%	99.3%
Ireland	IVV +0.7 points	1.2%	0.5%
Other countries (6)	IVV +0.6 points	0.9%	0.3%

Concentration

Weight in the 10 largest Holdings

IVV38.1%
SPYG59.7%

Securities held

IVV504
SPYG152

Asset class

IVV: Equity
SPYG: Equity

Holdings

Only in IVV352
In both152
Only in SPYG0

Only in IVV

352 securities, 32.5% of IVV by weight

Exxonmobil Holdings Corp1.11%
Walmart0.80%
Intel Corporation0.70%
Chevron0.68%
Costco Wholesale Corp0.66%
Procter & Gamble0.56%
UnitedHealth Group0.55%
Merck & Co Inc0.53%
Bank of America0.49%
Home Depot0.48%
Texas Instrument0.42%
Thermo Fisher Scientific0.38%
Wells Fargo0.38%
Linde PLC0.35%
Analog Devices0.31%
Citigroup0.31%
Salesforce0.30%
Qualcomm0.30%
Walt Disney0.29%
Verizon Communications Inc0.27%
Pepsico0.27%
Abbott Laboratories0.27%
Union Pacific0.27%
Conocophillips0.27%
Nextera Energy0.26%
Pfizer0.26%
BlackRock0.25%
Deere0.24%
Dell Technologies Inc Class C0.23%
Eaton PLC0.22%
Charles Schwab0.22%
Danaher0.22%
Accenture PLC Class A0.22%
AT&T0.22%
Western Digital Corp0.21%
Vertex Pharmaceuticals0.20%
Lockheed Martin0.19%
Bristol Myers Squibb0.19%
Chubb0.19%
Capital One Financial Corp0.19%
Altria Group Inc0.18%
Marathon Petroleum0.18%
Prologis Reit0.18%
Starbucks Corp0.18%
Cvs Health0.18%
Automatic Data Processing Inc0.17%
Medtronic PLC0.17%
Mckesson Corp0.17%
Valero Energy Corp0.17%
Lowes Companies Inc0.17%

Only in SPYG

0 securities, 0.0% of SPYG by weight

Weight gaps

The 100 widest of 152 Holdings in both funds.

Holding weights in IVV and SPYG, widest gap first
Holding	More in IVVMore in SPYG	IVV	SPYG
NVIDIANVDA	SPYG +6.70 points	7.92%	14.62%
MicrosoftMSFT	SPYG +5.13 points	5.93%	11.06%
Alphabet Class AGOOGL	SPYG +2.37 points	2.83%	5.20%
Broadcom IncAVGO	SPYG +1.93 points	2.45%	4.38%
Alphabet Class CGOOG	SPYG +1.92 points	2.26%	4.18%
Meta Platforms Class AMETA	SPYG +1.84 points	2.05%	3.89%
Berkshire Hathaway Inc Class BBRK.B	SPYG +1.34 points	1.52%	2.86%
Eli LillyLLY	SPYG +1.32 points	1.54%	2.86%
Micron TechnologyMU	SPYG +1.27 points	1.58%	2.85%
Advanced Micro DevicesAMD	SPYG +1.06 points	1.37%	2.43%
Palantir Technologies Class APLTR	SPYG +0.59 points	0.69%	1.28%
AppleAAPL	IVV +0.59 points	7.61%	7.02%
Caterpillar IncCAT	SPYG +0.40 points	0.49%	0.89%
Applied Material IncAMAT	SPYG +0.39 points	0.47%	0.86%
Lam ResearchLRCX	SPYG +0.38 points	0.45%	0.83%
NetflixNFLX	SPYG +0.35 points	0.39%	0.74%
RtxRTX	SPYG +0.35 points	0.39%	0.74%
JPMorgan Chase & CoJPM	SPYG +0.35 points	1.34%	1.69%
Crowdstrike Holdings Class ACRWD	SPYG +0.34 points	0.41%	0.75%
Ge VernovaGEV	SPYG +0.28 points	0.36%	0.64%
KlaKLAC	SPYG +0.25 points	0.30%	0.55%
WelltowerWELL	SPYG +0.23 points	0.25%	0.48%
Amphenol Corp Class AAPH	SPYG +0.23 points	0.29%	0.52%
SandiskSNDK	SPYG +0.22 points	0.29%	0.51%
Arista NetworksANET	SPYG +0.23 points	0.29%	0.52%
Intuitive SurgicalISRG	SPYG +0.21 points	0.24%	0.45%
Tesla IncTSLA	SPYG +0.19 points	1.72%	1.91%
Mastercard Class AMA	SPYG +0.19 points	0.74%	0.93%
Uber TechnologiesUBER	SPYG +0.18 points	0.20%	0.38%
Booking HoldingsBKNG	SPYG +0.15 points	0.17%	0.32%
NewmontNEM	SPYG +0.15 points	0.18%	0.33%
Datadog Inc Class ADDOG	SPYG +0.12 points	0.14%	0.26%
Marriott International Class AMAR	SPYG +0.11 points	0.13%	0.24%
Coca-ColaKO	IVV +0.11 points	0.53%	0.42%
AbbVieABBV	IVV +0.11 points	0.76%	0.65%
Amazon.com IncAMZN	IVV +0.11 points	3.73%	3.62%
Quanta Services IncPWR	SPYG +0.11 points	0.13%	0.24%
Hilton Worldwide HoldingsHLT	SPYG +0.10 points	0.12%	0.22%
Howmet AerospaceHWM	SPYG +0.10 points	0.12%	0.22%
Oreilly Automotive IncORLY	SPYG +0.10 points	0.11%	0.21%
Vertiv Holdings Class AVRT	SPYG +0.10 points	0.12%	0.22%
Amgen IncAMGN	SPYG +0.10 points	0.36%	0.46%
Robinhood Markets Class AHOOD	SPYG +0.10 points	0.11%	0.21%
Hca HealthcareHCA	SPYG +0.09 points	0.10%	0.19%
Applovin Class AAPP	SPYG +0.09 points	0.11%	0.20%
Monster BeverageMNST	SPYG +0.09 points	0.10%	0.19%
Lumentum HoldingsLITE	SPYG +0.08 points	0.12%	0.20%
Johnson & JohnsonJNJ	SPYG +0.09 points	0.97%	1.06%
Royal Caribbean GroupRCL	SPYG +0.09 points	0.11%	0.20%
Doordash Class ADASH	SPYG +0.08 points	0.10%	0.18%
Transdigm GroupTDG	SPYG +0.08 points	0.09%	0.17%
Goldman Sachs GroupGS	SPYG +0.07 points	0.40%	0.47%
Bloom Energy Class ABE	SPYG +0.07 points	0.10%	0.17%
Monolithic Power Systems IncMPWR	SPYG +0.07 points	0.09%	0.16%
American ExpressAXP	SPYG +0.07 points	0.25%	0.32%
Idexx LaboratoriesIDXX	SPYG +0.06 points	0.07%	0.13%
CienaCIEN	SPYG +0.06 points	0.07%	0.13%
VistraVST	SPYG +0.06 points	0.07%	0.13%
Twilio Class ATWLO	SPYG +0.05 points	0.06%	0.11%
Comfort Systems UsaFIX	SPYG +0.05 points	0.07%	0.12%
Everpure Inc Class AP	SPYG +0.05 points	0.07%	0.12%
CoherentCOHR	SPYG +0.05 points	0.07%	0.12%
Marvell TechnologyMRVL	IVV +0.05 points	0.32%	0.27%
Mcdonalds CorpMCD	IVV +0.05 points	0.27%	0.22%
Interactive Brokers Group Inc ClasIBKR	SPYG +0.04 points	0.06%	0.10%
CorningGLW	SPYG +0.05 points	0.15%	0.20%
Expedia GroupEXPE	SPYG +0.04 points	0.05%	0.09%
Carnival Corp LtdCCL	SPYG +0.05 points	0.05%	0.10%
ServicenowNOW	SPYG +0.04 points	0.24%	0.28%
Morgan StanleyMS	SPYG +0.03 points	0.34%	0.37%
Emcor GroupEME	SPYG +0.04 points	0.04%	0.08%
S&P GlobalSPGI	IVV +0.03 points	0.20%	0.17%
Ulta Beauty IncULTA	SPYG +0.04 points	0.04%	0.08%
Caseys General Stores IncCASY	SPYG +0.03 points	0.04%	0.07%
Seagate Technology Holdings PLCSTX	SPYG +0.03 points	0.23%	0.26%
Flex LtdFLEX	SPYG +0.03 points	0.05%	0.08%
VerisignVRSN	SPYG +0.03 points	0.04%	0.07%
StrykerSYK	IVV +0.03 points	0.16%	0.13%
Visa Class AV	SPYG +0.03 points	1.03%	1.06%
Ge AerospaceGE	IVV +0.02 points	0.46%	0.44%
TapestryTPR	SPYG +0.03 points	0.03%	0.06%
FortinetFTNT	SPYG +0.03 points	0.17%	0.20%
Constellation Energy CorpCEG	SPYG +0.03 points	0.13%	0.16%
EbayEBAY	SPYG +0.03 points	0.07%	0.10%
Boston ScientificBSX	SPYG +0.02 points	0.10%	0.12%
Bank of New York Mellon CorpBNY	SPYG +0.03 points	0.15%	0.18%
Cummins IncCMI	SPYG +0.02 points	0.11%	0.13%
Simon Property Group Reit IncSPG	IVV +0.02 points	0.10%	0.08%
Incyte CorpINCY	SPYG +0.02 points	0.03%	0.05%
Johnson Controls International PLCJCI	SPYG +0.02 points	0.14%	0.16%
First SolarFSLR	SPYG +0.02 points	0.03%	0.05%
OracleORCL	IVV +0.02 points	0.34%	0.32%
Te Connectivity PLCTEL	SPYG +0.02 points	0.10%	0.12%
Ralph Lauren Class ARL	SPYG +0.02 points	0.02%	0.04%
Philip Morris InternationalPM	SPYG +0.02 points	0.47%	0.49%
AutozoneAZO	SPYG +0.01 points	0.08%	0.09%
BoeingBA	IVV +0.02 points	0.20%	0.18%
Echostar Class AECHO	SPYG +0.01 points	0.02%	0.03%
Cisco Systems IncCSCO	IVV +0.02 points	0.66%	0.64%
Cme Group Class ACME	SPYG +0.01 points	0.16%	0.17%

All 505 IVV holdings⁠All 152 SPYG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IVV vs SPYG Cost

Overpaying SPYG vs IVV

$211

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IVV 0.03%
$638
SPYG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

IVV 0.03%
SPYG 0.04%
Overpaying

Year by year

Year	IVV	SPYG	Overpaying
10	$55	$73	$18
20	$216	$288	$72
30	$638	$849	$211

Expense ratio

0.03%IVV, cheaper
0.04%SPYG

Different Categories, so each fee sits in its own Category’s range.

IVV among 14 S&P 500 funds

IVV0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

IVV 2nd cheapest of 14 funds

SPYG among 35 US Growth Index funds

SPYG0.04%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SPYG 2nd cheapest of 35 funds

IVV vs SPYG Dividends

Last 12 months to Oct 28, 2026

Yield (12M): IVV 1.08%, better; SPYG 0.48%
Payout (12M): IVV $8.40; SPYG $0.59
Last payment: IVV $2.20; SPYG $0.15
Ex-dividend: IVV Sep 15, 2026; SPYG Sep 21, 2026
Paid on: IVV Sep 18, 2026; SPYG Sep 23, 2026
Frequency: IVV Quarterly; SPYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IVVQuarterly · 40 paymentsAll IVV payments⁠

SPYGQuarterly · 39 paymentsAll SPYG payments⁠

IVV vs SPYG Risk

Fall from peak · 5 years

IVV
SPYG

Risk facts

VolatilityStd dev, 3 years: IVV 12.4%, betterSPYG 16.1%
Return per unit of riskSharpe ratio, 3 years: IVV 1.37SPYG 1.37
Worst fallMax drawdown, 5 years: IVV −24.5%, betterSPYG −32.7%
Market sensitivityBeta, 5 years: IVV 1.00SPYG 1.18; Market = 1

IVV and SPYG in the news

All news⁠

Deep Dive
SPY is a 1993 trust, and it still costs more to hold the S&P 500
22 minutes agoIVV
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026IVV
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026IVV
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026IVV
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SPYG
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026IVV

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