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

In the year to Oct 9, 2026, with distributions reinvested, IVV returned +17.3% and THRO +18.3%.

Which is cheaper, IVV or THRO?

IVV is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 100% of IVV and 93% of THRO by weight is stocks the S&P 500 already holds.

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IVV vs THRO: Differences, Returns & Fees

IVV and THRO hold 66% of their weight in the same names, and THRO returned +18.3% over the year. Net assets on Oct 9, 2026: $896.4bn for iShares Core S&P 500 ETF and $7.5bn for iShares U.S. Thematic Rotation Active ETF.

IVV costs 0.54 points a year less; their one-year returns differ by 1.0 point; IVV is far larger, $896.4bn against $7.5bn.

IVV vs THRO: Differences, Returns & Fees
	IVV	THRO
Expense ratio	0.03%	0.57%
Net assets	$896.4bn	$7.5bn
Total return, 1 year	+17.3%	+18.3%
What it tracks	S&P 500	No index, actively managed
Holdings in common	66%
Top ten holdings, share of the fund	39.0%	43.5%

Holdings in common uses holdings dated Oct 9, 2026.

+17.3%

IVV total return, 1 year

+18.3%

THRO total return, 1 year

0.03%

IVV expense ratio

0.57%

THRO expense ratio

What they hold in common

By the books each fund has filed, IVV and THRO hold 66% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

50%

half

66% in common

Positions both hold, largest shared weight first

Holding IVV THRO

NVIDIA 8.23% 8.35%

APPLE 7.29% 8.22%

MICROSOFT 5.89% 6.41%

AMAZON.COM INC 3.82% 4.63%

ALPHABET CLASS A 3.06% 3.85%

BROADCOM INC 2.55% 2.13%

META PLATFORMS CLASS A 2.35% 1.93%

ALPHABET CLASS C 2.45% 1.90%

MICRON TECHNOLOGY 1.72% 2.48%

ADVANCED MICRO DEVICES 1.47% 1.90%

TESLA INC 1.60% 1.39%

JPMORGAN CHASE & CO 1.31% 2.57%

Only in IVV

ABBVIE 0.72%

MASTERCARD CLASS A 0.71%

GE AEROSPACE 0.47%

NETFLIX 0.43%

WELLS FARGO 0.37%

AMGEN INC 0.33%

LINDE PLC 0.33%

ANALOG DEVICES 0.29%

Only in THRO

CHECK POINT SOFTWARE TECHNOLOGIES 0.65%

MUELLER INDUSTRIES INC 0.25%

SS AND C TECHNOLOGIES HOLDINGS 0.23%

CHENIERE ENERGY 0.19%

ALCOA CORP 0.17%

HF SINCLAIR 0.16%

PERMIAN RESOURCES CLASS A 0.11%

TD SYNNEX 0.11%

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On the same fields

IVV

iShares Core S&P 500 ETF

THRO

iShares U.S. Thematic Rotation Active ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the S&P 500 Actively managed

Total return, 1 year +17.3% +18.3%

Its benchmark over the same days +17.3% (SPY) +17.3% (VOO)

Gap to its benchmark +0.1 pts vs SPY +1.0 pts vs VOO

Expense ratio 0.03% 0.57%

Already in the S&P 500 99.8% 92.8%

Holdings 505 247

Net assets $896.4bn $7.5bn

IVV and THRO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IVV

IVV tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% 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 9, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.0%.

About THRO

THRO is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +18.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 247 positions, with the top ten at 43.5%.

Questions people ask

Which returned more over the last year, IVV or THRO?: In the year to Oct 9, 2026, with distributions reinvested, IVV returned +17.3% and THRO +18.3%.
Which is cheaper, IVV or THRO?: IVV is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and THRO overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 93% of THRO by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs TCAF IVV vs RECS IVV vs SCHK IVV vs MGC SPY vs THRO THRO vs VOO THRO vs VTI IWB vs THRO

IVV on its own →THRO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

IVV filings on SEC EDGAR ↗IVV prospectus with the expense ratio (SEC) ↗iShares page for IVV ↗THRO filings on SEC EDGAR ↗THRO prospectus with the expense ratio (SEC) ↗iShares page for THRO ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 THRO, data as of Oct 9, 2026. https://etfiq.com/compare/any/ivv-vs-thro

Open data

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