Are IVV and SHLD in the same category?

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

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

In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and SHLD −6.5%.

Which is cheaper, IVV or SHLD?

IVV is cheaper, by 0.47 percentage points a year. That is about $47 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 100% of IVV and 45% of SHLD by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IVV vs SHLD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to SHLD's −6.5%, and IVV charges 0.03% to SHLD's 0.50%.

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Net assets: $885.1bn on Oct 27, 2026 for iShares Core S&P 500 ETF, and $6.3bn on Oct 12, 2026 for Global X Defense Tech ETF.

IVV on its own →SHLD on its own →

At a glance

+13.7%

IVV total return, 1 year

−6.5%

SHLD total return, 1 year

0.03%

IVV expense ratio

0.50%

SHLD expense ratio

Pair scorecard

IVV costs 0.47 points a year less; their one-year returns differ by 20.2 points; IVV is far larger, $896.3bn against $6.3bn.

IVV vs SHLD: Differences, Returns & Fees
Measure	IVV	SHLD
Return
Measure	IVV	SHLD
Total return, 1 year	+13.7%	−6.5%
Drawdown
Measure	IVV	SHLD
Below its all-time high		18.6%, high on Mar 9, 2026
Benchmark
Measure	IVV	SHLD
What it tracks	S&P 500	Defense
Cost and size
Measure	IVV	SHLD
Expense ratio	0.03%	0.50%
Net assets, as of Oct 12, 2026	$896.3bn	$6.3bn
Active share vs the S&P 500		99%
Holdings
Measure	IVV	SHLD
Holdings in common	2%
Top ten holdings, share of the fund	38.1%	59%

Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, IVV and SHLD hold 2% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IVV SHLD

PALANTIR TECHNOLOGIES CLASS A 0.69% 7.07%

RTX 0.39% 7.75%

LOCKHEED MARTIN 0.19% 8.41%

GENERAL DYNAMICS CORP 0.14% 7.67%

NORTHROP GRUMMAN CORP 0.11% 4.23%

L3HARRIS TECHNOLOGIES 0.07% 4.69%

LEIDOS HOLDINGS 0.03% 2.77%

HUNTINGTON INGALLS INDUSTRIES 0.02% 2.04%

Only in one fund ↓

Only in IVV

NVIDIA 7.92%

APPLE 7.61%

MICROSOFT 5.93%

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%

Only in SHLD

Rheinmetall Aktiengesellschaft 5.76%

BAE SYSTEMS PLC 4.88%

HANWHA AEROSPACE CO., LTD. 4.40%

LEONARDO - SOCIETA PER AZIONI 4.35%

THALES SA 4.27%

ELBIT SYSTEMS LTD 4.13%

SAAB Aktiebolag 3.82%

BWX TECHNOLOGIES, INC. 3.05%

Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 ETF SHLD Global X Defense Tech ETF

Where it sits Stock ETF Thematic ETF

Issuer iShares Global X

What it is Tracks the S&P 500 Defense

Total return, 1 year +13.7% −6.5%

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

Gap to its benchmark +0.1 pts vs SPY not measured

Expense ratio 0.03% 0.50%

Already in the S&P 500 99.8% 44.6%

Holdings 505 48

Net assets, IVV as of Oct 27, 2026 and SHLD as of Oct 12, 2026 $885.1bn $6.3bn

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

Alert

About each fund

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%.

SHLD

By weight, 45% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 59% of the fund across 48 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned −6.5% with distributions reinvested. It sits 18.6% below its all-time high of Mar 9, 2026.

Questions people ask

Are IVV and SHLD in the same category?: IVV is a stock ETF and SHLD is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IVV or SHLD?: In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and SHLD −6.5%.
Which is cheaper, IVV or SHLD?: IVV is cheaper, by 0.47 percentage points a year. That is about $47 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and SHLD overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 45% of SHLD by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs PPA IVV vs XAR IDEF vs IVV ITA vs IVV SHLD vs VOO SHLD vs VTI QQQ vs SHLD SHLD vs VUG

Where to next

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

Sources and dates

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

SHLD filings on SEC EDGAR ↗

SHLD prospectus with the expense ratio (SEC) ↗

Global X page for SHLD ↗

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.