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ETF comparison

IVV vs SPLV

US Large Cap vs Low Volatility Factor.

iShares Core S&P 500 ETF · Invesco S&P 500 Low Volatility ETF

Holdings overlap

Weighted by ISIN/CUSIP
15.5 %

100 positions appear in both funds. Buying equal dollars of IVV and SPLV would leave roughly 15.5% of each dollar exposed to the same underlying securities.

IVV unmatched 84.3% Shared 15.5% SPLV unmatched 84.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In IVV only
404 positions
Shared
100 positions
In SPLV only
1 positions

Side by side

IVV

iShares Core S&P 500 ETF

iShares · US Large Cap

91 composite / 100
Expense ratio
0.030%
Net assets
$870.02B
TTM yield
1.11%
Top-10 conc.
36.4%
SPLV

Invesco S&P 500 Low Volatility ETF

Invesco · Low Volatility Factor

85 composite / 100
Expense ratio
0.25%
Net assets
$7.57B
TTM yield
2.12%
Top-10 conc.
12.5%

Sub-score comparison

97
Cost
75
88
Tax efficiency
84
100
Liquidity
95
62
Concentration
96
—
Tracking quality
—
IVV sub-score SPLV

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IVV is 22 bps cheaper than SPLV. On a $100,000 position that's about $220/yr more in fees for SPLV.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IVV vs SPLV.

Top shared holdings

100 shared in total
# Holding In IVV In SPLV Overlap
1 Berkshire Hathaway, Inc. 1.42% 1.36% 1.36%
2 Johnson & Johnson 0.95% 1.12% 0.95%
3 JPMorgan Chase & Co. 1.36% 0.88% 0.88%
4 Visa, Inc. 0.88% 0.98% 0.88%
5 Costco Wholesale Corp. 0.64% 1.01% 0.64%
6 Mastercard, Inc. 0.64% 0.96% 0.64%
7 Bank of America Corp. 0.58% 0.89% 0.58%
8 Procter & Gamble Co. (The) 0.53% 1.05% 0.53%
9 Coca-Cola Co. (The) 0.49% 1.11% 0.49%
10 Chevron Corp. 0.48% 0.93% 0.48%
11 Linde plc 0.37% 1.10% 0.37%
12 McDonald's Corp. 0.30% 1.07% 0.30%

Only in IVV

404 total
  • NVIDIA Corp. 7.51%
  • Apple, Inc. 6.58%
  • Microsoft Corp. 4.29%
  • Amazon.com, Inc. 3.61%
  • Alphabet, Inc. 3.25%
  • Broadcom, Inc. 2.77%
  • Alphabet, Inc. 2.59%
  • Micron Technology, Inc. 2.02%
  • Meta Platforms, Inc. 1.92%
  • Tesla, Inc. 1.83%

Only in SPLV

1 total
  • Invesco Government & Agency Portfolio 0.08%

Percentages are holdings overlap with the named fund.

Open IVV or SPLV at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.