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

In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLP +13.8%.

Which is cheaper, IVV or XLP?

IVV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

IVV vs XLP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to XLP's +13.8%; 5% of their weight is in the same names.

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Net assets on Oct 27, 2026: $885.1bn for iShares Core S&P 500 ETF and $14.6bn for State Street Consumer Staples Select Sector SPDR ETF.

IVV on its own →XLP on its own →

At a glance

+13.7%

IVV total return, 1 year

+13.8%

XLP total return, 1 year

0.03%

IVV expense ratio

0.08%

XLP expense ratio

Pair scorecard

IVV costs 0.05 points a year less; their one-year returns differ by 0.1 points; IVV is far larger, $885.1bn against $14.6bn.

IVV vs XLP: Differences, Returns & Fees
Measure	IVV	XLP
Return
Measure	IVV	XLP
Total return, 1 year	+13.7%	+13.8%
Drawdown
Measure	IVV	XLP
Below its high		3.5%, high on Oct 22, 2026
Benchmark
Measure	IVV	XLP
What it tracks	S&P 500	Consumer Staples Select Sector Index
Cost and size
Measure	IVV	XLP
Expense ratio	0.03%	0.08%
Net assets, as of Oct 27, 2026	$885.1bn	$14.6bn
Holdings
Measure	IVV	XLP
Holdings in common	5%
Top ten holdings, share of the fund	38.1%	62.9%

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

Risk and return

May 26, 2000 to Oct 23, 2026 · 1,378 weekly returns

IVV XLP

Return

Total return edge IVV +785.1% +585.5%

Annualized edge IVV +8.6% +7.5%

Price return edge IVV +453.9% +263.1%

Risk

Volatility edge XLP 17.3% 13.7%

Max drawdown edge XLP −54.7% −34.6%

Risk-adjusted

Sharpe edge XLP (slight) 0.46 0.47

Sortino edge Tie 0.65 0.65

Calmar edge XLP 0.16 0.22

Reading

IVV returned more: +785.1% to +585.5%. XLP swung less: 13.7% to 17.3%. XLP fell less at its worst: −34.6% to −54.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IVV vs XLP: Differences, Returns & Fees
Measure	IVV	XLP	Edge	How it is measured
Return
Total return	+785.1%	+585.5%	IVV	Price change plus distributions, reinvested.
Annualized	+8.6%	+7.5%	IVV	Total return as a yearly rate.
Price return	+453.9%	+263.1%	IVV	Price change alone, distributions left out.
Risk
Volatility	17.3%	13.7%	XLP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.3%	9.9%	XLP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−54.7%	−34.6%	XLP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.46	0.47	XLP (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.65	0.65	Tie	Return above Treasury bills per unit of downside deviation.
Calmar	0.16	0.22	XLP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,378 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, IVV and XLP hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first IVV XLP

WALMART 0.80% 11.05%

COSTCO WHOLESALE CORP 0.66% 9.14%

PROCTER & GAMBLE 0.56% 7.69%

COCA-COLA 0.53% 7.34%

PHILIP MORRIS INTERNATIONAL 0.47% 6.56%

PEPSICO 0.27% 4.10%

ALTRIA GROUP INC 0.18% 4.54%

MONDELEZ INTERNATIONAL CLASS A 0.12% 4.19%

COLGATE-PALMOLIVE 0.11% 4.39%

TARGET CORP 0.10% 3.94%

MONSTER BEVERAGE 0.10% 3.88%

VYLOR 0.07% 1.53%

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 XLP

XAP CONS STAPLES DEC26 0.01%

CONTRA WALGREENS BOOTS 0.00%

Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 ETF XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the S&P 500 Tracks an index of Consumer staples

Total return, 1 year +13.7% +13.8%

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% 0.08%

Already in the S&P 500 99.8% 99.6%

Holdings 505 36

Net assets, as of Oct 27, 2026 $885.1bn $14.6bn

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

Client brief · page 1 of 2 Report BR-C198253B7D

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

What each follows. IVV follows S&P 500 and XLP follows Consumer Staples Select Sector Index.
Holdings in common. 5% of the weight is in the same securities (holdings dated Oct 27, 2026).
Number of holdings. IVV holds 505 positions and XLP holds 36.

Data as of Oct 28, 2026.

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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%.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IVV or XLP?: In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLP +13.8%.
Which is cheaper, IVV or XLP?: IVV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and XLP overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 100% of XLP by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs VDC IVV vs XLB IVV vs XHB IVV vs XRT SPY vs XLP VOO vs XLP VTI vs XLP RDVY vs XLP

Where to next

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

Sources and dates

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

XLP filings on SEC EDGAR ↗

XLP prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 XLP, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-xlp

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