Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IVV vs TEND: how they differ
IVV and TEND are measured over different days, and IVV charges 0.03% against 0.50%.
iShares Core S&P 500 ETF and iShares Large Cap 10% Target Buffer Dec ETF.
| IVV iShares Core S&P 500 ETF | TEND iShares Large Cap 10% Target Buffer Dec ETF | |
|---|---|---|
| Where it sits | Core index fund | Buffer ETF |
| Issuer | iShares | iShares |
| What it is | S&P 500 | Defined outcome, 0% to 10% on IVV |
| Total return, 1 year | +17.6% | not published |
| S&P 500 over the same days | +17.5% | not published |
| Gap to the S&P 500 | +0.1 pts | not available |
| Expense ratio | 0.03% | 0.50% |
| Holdings | 504 | not filed |
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
TEND in plain words
From its price on Sep 12, 2026, the fund can gain about 6.3% more before it reaches its cap. The fund's price can fall 8.9% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, IVV can fall 10.5% from today's level to the point where the buffer begins. Protection left, in index points: 9.5% of the 9.5% buffer still sits below today's IVV level. 112 days remained on Sep 12, 2026. On Dec 31, 2026 the period ends and a new cap is set.
Questions people ask
- Which is cheaper, IVV or TEND?
- IVV charges 0.03% a year and TEND charges 0.50%, so IVV is cheaper. Fees come from each fund's prospectus.
- Are IVV and TEND the same kind of fund?
- No. IVV is an index ETF and TEND is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IVV against TEND, data as of Sep 12, 2026. https://etfiq.com/compare/any/IVV-TEND Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources