Are IGV and IVV in the same category?

IGV is a thematic ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, IGV or IVV?

In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and IVV +13.7%.

Which is cheaper, IGV or IVV?

IVV is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IGV and IVV overlap with the S&P 500?

By their latest filed holdings, 80% of IGV and 100% of IVV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IGV vs IVV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IGV returned −4.1% to IVV's +13.7%, and IVV charges 0.03% to IGV's 0.38%.

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Net assets on Oct 27, 2026: $14.4bn for iShares Expanded Tech-Software Sector ETF and $885.1bn for iShares Core S&P 500 ETF.

IGV on its own →IVV on its own →

At a glance

−4.1%

IGV total return, 1 year

+13.7%

IVV total return, 1 year

0.38%

IGV expense ratio

0.03%

IVV expense ratio

Pair scorecard

IVV costs 0.35 points a year less; their one-year returns differ by 17.8 points; IVV is far larger, $885.1bn against $14.4bn.

IGV vs IVV: Differences, Returns & Fees
Measure	IGV	IVV
Return
Measure	IGV	IVV
Total return, 1 year	−4.1%	+13.7%
Benchmark
Measure	IGV	IVV
What it tracks	Cloud and software	S&P 500
Cost and size
Measure	IGV	IVV
Expense ratio	0.38%	0.03%
Net assets, as of Oct 27, 2026	$14.4bn	$885.1bn
Active share vs the S&P 500	92%
Holdings
Measure	IGV	IVV
Holdings in common	10%
Top ten holdings, share of the fund	61%	38.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Jul 20, 2001 to Oct 23, 2026 · 1,318 weekly returns

IGV IVV

Return

Total return edge IGV +1,125.3% +894.7%

Annualized edge IGV (slight) +10.4% +9.5%

Price return edge IGV +1,073.5% +529.2%

Risk

Volatility edge IVV 24.7% 17.3%

Max drawdown edge IVV (slight) −59.5% −54.7%

Risk-adjusted

Sharpe edge IVV 0.45 0.51

Sortino edge IVV (slight) 0.65 0.72

Calmar edge Tie 0.17 0.17

Reading

IGV returned more: +1,125.3% to +894.7%. IVV swung less: 17.3% to 24.7%. IVV fell slightly less at its worst: −54.7% to −59.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IGV vs IVV: Differences, Returns & Fees
Measure	IGV	IVV	Edge	How it is measured
Return
Total return	+1,125.3%	+894.7%	IGV	Price change plus distributions, reinvested.
Annualized	+10.4%	+9.5%	IGV (slight)	Total return as a yearly rate.
Price return	+1,073.5%	+529.2%	IGV	Price change alone, distributions left out.
Risk
Volatility	24.7%	17.3%	IVV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	17.1%	12.3%	IVV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−59.5%	−54.7%	IVV (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.45	0.51	IVV	Return above Treasury bills per unit of volatility.
Sortino	0.65	0.72	IVV (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.17	0.17	Tie	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,318 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

10%

By the books each fund has filed, IGV and IVV hold 10% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first IGV IVV

MICROSOFT 8.39% 5.93%

PALANTIR TECHNOLOGIES CLASS A 9.10% 0.69%

PALO ALTO NETWORKS 9.30% 0.49%

CROWDSTRIKE HOLDINGS CLASS A 8.55% 0.41%

ORACLE 6.27% 0.34%

SALESFORCE 4.05% 0.30%

SERVICENOW 4.85% 0.24%

FORTINET 3.76% 0.17%

ADOBE INC 3.26% 0.15%

CADENCE DESIGN SYSTEMS 3.12% 0.14%

DATADOG INC CLASS A 3.10% 0.14%

SYNOPSYS 3.00% 0.14%

Only in one fund ↓

Only in IGV

STRATEGY INC CLASS A 1.70%

ATLASSIAN CORP CLASS A 1.15%

ZSCALER 0.90%

ZOOM COMMUNICATIONS CLASS A 0.85%

RUBRIK CLASS A 0.72%

NUTANIX CLASS A 0.65%

DYNATRACE INC 0.61%

CIRCLE INTERNET GROUP INC CLASS A 0.54%

Only in IVV

NVIDIA 7.92%

APPLE 7.61%

AMAZON.COM INC 3.73%

ALPHABET CLASS A 2.83%

BROADCOM INC 2.45%

ALPHABET CLASS C 2.26%

META PLATFORMS CLASS A 2.05%

TESLA INC 1.73%

Check overlap with more funds →

Side by side

IGV iShares Expanded Tech-Software Sector ETF IVV iShares Core S&P 500 ETF

Where it sits Thematic ETF Stock ETF

Issuer iShares iShares

What it is Cloud and software Tracks the S&P 500

Total return, 1 year −4.1% +13.7%

Its benchmark over the same days not measured +13.6% (SPY)

Gap to its benchmark not measured +0.1 pts vs SPY

Expense ratio 0.38% 0.03%

Already in the S&P 500 80.3% 99.8%

Holdings 108 505

Net assets, as of Oct 27, 2026 $14.4bn $885.1bn

IGV and IVV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-CC27065FB4

IGV and IVV do different jobs. What does each one do in a portfolio?

What each follows. IGV follows Cloud and software and IVV follows S&P 500.
Holdings in common. 10% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IGV returned −4.1% and IVV +13.7% with distributions reinvested, a gap of 17.8 points.

Data as of Oct 28, 2026.

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About each fund

IGV

By weight, 80% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 108 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −4.1% with distributions reinvested.

IVV

IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.

Questions people ask

Are IGV and IVV in the same category?: IGV is a thematic ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IGV or IVV?: In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and IVV +13.7%.
Which is cheaper, IGV or IVV?: IVV is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IGV and IVV overlap with the S&P 500?: By their latest filed holdings, 80% of IGV and 100% of IVV by weight is stocks the S&P 500 already holds.

Other comparisons

IGV vs VOO IGV vs VTI IGV vs QQQ IGV vs VUG IVV vs NLR IVV vs SMH ARKG vs IVV IVV vs LYTE

Where to next

IGV on its own →IVV on its own →Hold both: look the portfolio through →Rankings →IGV dividend history →IGV holdings →IVV dividend history →IVV holdings →Standards and sources →

Sources and dates

IGV and IVV filings on SEC EDGAR ↗

IGV and IVV prospectus with the expense ratio (SEC) ↗

iShares page for IGV ↗

iShares page for IVV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IGV against IVV, data as of Oct 28, 2026. https://etfiq.com/compare/any/igv-vs-ivv

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