Expense Ratio History

IVV vs SPY: fees

iShares Core S&P 500 ETF and State Street SPDR S&P 500 ETF Trust both track the S&P 500. IVV is cheaper, at 0.03% against 0.0945% for SPY.

IVV

iShares Core S&P 500 ETF

0.03%

Yearly cost per $10,000
$3
Fund company
iShares
Type
ETF
Read on
19 October 2026
Last change
0.04% to 0.03%, 1 Aug 2019

SPY

State Street SPDR S&P 500 ETF Trust

0.0945%

Yearly cost per $10,000
$9.45
Fund company
State Street
Type
ETF
Read on
19 October 2026

What the difference costs

On $10,000 held for 10 years at a steady 5% return, SPY's fee costs about $121 and IVV's about $39, a difference of $83. The gap is 6.45 basis points a year, or $6.45 a year on every $10,000.

Fees are one fact among many. The two funds may differ in structure, minimums, tax treatment and tracking, and this site doesn't compare any of that. Each fund's page has its fee history and sources.

Fee history

IVV
IVV expense ratio: 0.09% until 17 Oct 2012, then 0.07%; 0.07% until 5 Oct 2016, then 0.04%; 0.04% until 1 Aug 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Aug 2011Mar 2014Oct 2016May 2019Dec 2021Jul 20240.09% before0.03% from 1 Aug 2019
IVV expense ratio: 0.09% until 17 Oct 2012, then 0.07%; 0.07% until 5 Oct 2016, then 0.04%; 0.04% until 1 Aug 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Aug 2011Sep 2016Oct 20210.09% before0.03% from 1 Aug 2019
SPY
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026

All S&P 500 index funds we track

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