iShares S&P 500 ETF vs Savana US Small Caps Active ETF
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
IVV and SVNP are near-identical US Shares ETFs, with approximately 93% estimated (estimated, limited data) holdings overlap. IVV has the lower management fee (0.04% vs 1% p.a.). There is limited reason to hold both, as the second fund adds little new exposure.
iShares S&P 500 ETF
BlackRock (iShares)
Savana US Small Caps Active ETF
Other
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations.
Key differences at a glance
There is no single "better" fund here - which suits you depends on your goals. The clearest differences between IVV and SVNP:
Category scores compare these two ETFs only and are not absolute ratings.
IVV has the lower management fee - the one objective "cheaper" axis.
IVV is the larger fund. Larger is not inherently better, but greater scale can support tighter spreads and lower closure risk.
IVV spreads exposure across more holdings (IVV 503, SVNP 31); the other is more concentrated. Neither is inherently better - it depends on whether you want breadth or a focused tilt.
IVV distributes approximately 1.1% and SVNP approximately 0%; IVV carries the higher estimated distribution yield. A higher yield may suit an income focus; a lower one may suit a growth or tax-efficiency focus. Yields are estimates and are not guaranteed; past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly; sector and geography figures for some funds are category-inferred estimates, clearly labelled on each fund's page.
Yield figures are estimates based on recent distributions and may vary. Past distributions are not a reliable indicator of future distributions.
Past performance is not a reliable indicator of future returns.
Top shared holdings ranked by overlap contribution, the smaller of each company's weight in the two funds. Basis: estimated, limited data.
Top 10 listed holdings for each fund, from issuer disclosures. Where a fund does not publish full holdings, its list is not shown here (a category-based estimate appears on the fund page).
IVV top holdings
SVNP top holdings
This issuer does not publish full holdings for this fund, so they are not shown here.
Sector weights for SVNPare approximate, inferred from the fund's category.
IVV sectors
SVNP sectors
Geographic weights for SVNPare approximate, inferred from the fund's category.
IVV geography
SVNP geography
There is no single right choice between IVV and SVNP - it depends on your goals, time horizon and existing holdings. The key differences between the two funds are summarised near the top of this page, with the full side-by-side data below.
IVV and SVNP have approximately 93% estimated holdings overlap (estimated, limited data). This is considered high overlap, estimated from listed top holdings rather than the full constituent lists.
IVV has the lower management fee. IVV charges 0.04% per year ($4 per year on a $10,000 investment) and SVNP charges 1% per year ($100 per year on a $10,000 investment). The difference is $96 per year per $10,000 invested.
IVV (iShares S&P 500 ETF) manages approximately $13.4B and SVNP (Savana US Small Caps Active ETF) manages approximately $5.46M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee.
You can hold both, but with approximately 93% estimated holdings overlap the two funds hold a high proportion of the same companies, so holding both means paying two sets of management fees on largely the same exposure. Whether that suits you depends on your own objectives.
There is no universally right choice. It depends on your goals, time horizon and existing holdings. IVV charges 0.04% and SVNP charges 1%, so IVV has the lower management fee, and they have approximately 93% estimated holdings overlap. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is calculated from each fund's published holdings (full lists where the issuer publishes one, listed top holdings otherwise), and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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