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

In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLU −3.0%.

Which is cheaper, IVV or XLU?

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 XLU overlap with the S&P 500?

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

Data as of Oct 28, 2026.

Across categories

IVV vs XLU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to XLU's −3.0%; 2% 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 $23.9bn for State Street Utilities Select Sector SPDR ETF.

IVV on its own →XLU on its own →

At a glance

+13.7%

IVV total return, 1 year

−3.0%

XLU total return, 1 year

0.03%

IVV expense ratio

0.08%

XLU expense ratio

Pair scorecard

IVV costs 0.05 points a year less; their one-year returns differ by 16.7 points; IVV is far larger, $885.1bn against $23.9bn.

IVV vs XLU: Differences, Returns & Fees
Measure	IVV	XLU
Return
Measure	IVV	XLU
Total return, 1 year	+13.7%	−3.0%
Drawdown
Measure	IVV	XLU
Below its high		9.1%, high on Feb 27, 2026
Benchmark
Measure	IVV	XLU
What it tracks	S&P 500	Utilities Select Sector Index
Cost and size
Measure	IVV	XLU
Expense ratio	0.03%	0.08%
Net assets, as of Oct 27, 2026	$885.1bn	$23.9bn
Holdings
Measure	IVV	XLU
Holdings in common	2%
Top ten holdings, share of the fund	38.1%	58.7%

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

What they share

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

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IVV XLU

NEXTERA ENERGY 0.26% 12.76%

SOUTHERN 0.16% 7.91%

DUKE ENERGY CORP 0.15% 7.22%

CONSTELLATION ENERGY CORP 0.13% 6.33%

AMERICAN ELECTRIC POWER INC 0.11% 5.26%

DOMINION ENERGY 0.09% 4.26%

SEMPRA 0.08% 4.12%

ENTERGY CORP 0.08% 3.75%

XCEL ENERGY INC 0.07% 3.62%

VISTRA 0.07% 3.43%

EXELON CORP 0.07% 3.42%

CONSOLIDATED EDISON 0.06% 3.16%

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 XLU

XAU UTILITIES DEC26 0.01%

Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 ETF XLU State Street Utilities 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 Utilities

Total return, 1 year +13.7% −3.0%

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% 99.7%

Holdings 505 32

Net assets, as of Oct 27, 2026 $885.1bn $23.9bn

IVV and XLU 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%.

XLU

XLU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.0% 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 32 positions, with the top ten at 58.7%. It sat 9.1% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IVV or XLU?: In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLU −3.0%.
Which is cheaper, IVV or XLU?: 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 XLU overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 100% of XLU by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs VPU IVV vs XLY IVV vs XLC IVV vs VHT SPY vs XLU VOO vs XLU VTI vs XLU RDVY vs XLU

Where to next

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

Sources and dates

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

XLU filings on SEC EDGAR ↗

XLU 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.

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

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