ETF Versus

IVV vs SPSM

iShares Core S&P 500 ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

Last updated: 2026-04-02

IVV

iShares Core S&P 500 ETF (IVV) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2000-05-19
SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2013, the fund has a 13-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2013-07-09

Quick Verdict

SPSM has edged ahead over the past year (17.2% vs 16.0%).

Key Metrics

Metric IVV SPSM
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Blend US Small Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

80 99 118 137 156 175 2021-04 2022-06 2023-09 2024-12 2026-04
IVV +61.3%
SPSM +13.0%

Performance Comparison

Period IVV SPSM Difference
1 Month -3.70% -3.42% -0.28%
3 Months -4.10% +2.83% -6.93%
6 Months -2.49% +4.15% -6.64%
YTD -4.10% +2.83% -6.93%
1 Year +16.02% +17.20% -1.18%
3 Years +59.51% +28.78% +30.73%
5 Years +61.35% +12.96% +48.39%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IVV Fees SPSM Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric IVV SPSM
Annualized Volatility 16.9% 21.5%
Max Drawdown -25.4% -28.7%
Sharpe Ratio 0.39 0.01

Dividend Comparison

Metric IVV SPSM
Annual Dividend (per share) $8.06 $0.77
Dividend Yield 1.22% 1.58%
Distribution Frequency Quarterly Quarterly

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