Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IVV vs ZALT: how they differ
Over the year IVV returned more, +17.6% against +8.8%, and IVV charges 0.03% against 0.69%.
iShares Core S&P 500 ETF and Innovator U.S. Equity 10 Buffer ETF - Quarterly.
| IVV iShares Core S&P 500 ETF | ZALT Innovator U.S. Equity 10 Buffer ETF - Quarterly | |
|---|---|---|
| Where it sits | Core index fund | Buffer ETF |
| Issuer | iShares | Innovator |
| What it is | S&P 500 | Defined outcome, 10% on SPY |
| Total return, 1 year | +17.6% | +8.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.1 pts | −8.7 pts |
| Expense ratio | 0.03% | 0.69% |
| Holdings | 505 | not filed |
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Sep 10, 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%.
ZALT in plain words
From its price on Sep 13, 2026, the fund can gain about 1.5% more before it reaches its cap. The fund's price can fall 2.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.3% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 19 days remained on Sep 13, 2026. On Sep 30, 2026 the period ends and a new cap is set.
Questions people ask
- Which returned more over the last year, IVV or ZALT?
- In the year to Sep 13, 2026, with distributions reinvested, IVV returned +17.6% and ZALT returned +8.8%, so IVV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IVV or ZALT?
- IVV charges 0.03% a year and ZALT charges 0.69%, so IVV is cheaper. Fees come from each fund's prospectus.
- Are IVV and ZALT the same kind of fund?
- No. IVV is an index ETF and ZALT is a buffer ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IVV against ZALT, data as of Sep 13, 2026. https://etfiq.com/compare/any/ivv-vs-zalt Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources