BKLC vs IVV
BKLC vs IVV
BNY Mellon US Large Cap Core Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
BKLC has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BKLC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.03% | |
| AUM | $5.4B | $865.2B | |
| Dividend Yield | 0.34% | 1.09% | |
| Holdings | 509 | 508 | |
| YTD Return | -62.07% | +13.80% | |
| 1Y Return | -58.83% | +23.70% | |
| 3Y Return (annualized) | -15.19% | +21.49% | |
| 5Y Return (annualized) | -8.85% | +13.43% | |
| Volatility (annualized) | 31.4% | 15.1% | |
| Max Drawdown | -68.0% | -56.5% | |
| Fund Family | BNY Mellon Investment Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Apr 7, 2020 | May 15, 2000 |
BKLC vs IVV Performance
BNY Mellon US Large Cap Core Equity ETF (BKLC) is a ETF from BNY Mellon Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BKLC returned -58.83% while IVV returned +23.70%. Year to date, BKLC is down 62.07% versus a gain of 13.80% for IVV.
Over three years, BKLC compounded at -15.19% per year against +21.49% for IVV; over five years the annualized figures are -8.85% and +13.43% respectively. Across the full 6-year window we track, IVV has the edge at +7.05% annualized vs +0.25%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BKLC has been the more volatile fund, with annualized monthly volatility of 31.4% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -68.0% for BKLC and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BKLC charges 0.00% per year while IVV charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, BKLC currently yields 0.34% against 1.09% for IVV.
Holdings Overlap
BKLC and IVV share 416 holdings out of 586 unique holdings combined, representing a 87.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in BKLC | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 7.31% | 7.76% | 0.45% |
| AAPL | 6.57% | 7.44% | 0.87% |
| MSFT | 4.82% | 4.57% | 0.25% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
See all 10 holdings BKLC shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BKLC or IVV?
BKLC has an expense ratio of 0.00% while IVV charges 0.03%. BKLC is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, BKLC or IVV?
Over the past year BKLC returned -58.83% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), BKLC annualized +0.25% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, BKLC or IVV?
BKLC has been the more volatile fund at 31.4% annualized versus 15.1% for IVV. Worst drawdown: BKLC -68.0% vs IVV -56.5%.
Should I hold both BKLC and IVV?
BKLC and IVV have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BKLC and IVV?
BKLC and IVV share 416 common holdings with a 87.8% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, BKLC or IVV?
BKLC yields 0.34% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.