HQGO vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricHQGOIVVWinner
Expense Ratio0.34%0.03%
AUM$48M$865.2B
Dividend Yield0.46%1.09%
Holdings164508
YTD Return+13.36%+13.52%
1Y Return+23.34%+23.63%
3Y Return (annualized)-+21.26%
5Y Return (annualized)-+13.52%
Volatility (annualized)13.0%15.1%
Max Drawdown-20.9%-56.5%
Fund FamilyHartford FundsiShares by BlackRock (US)
CategoryEquityEquity
InceptionDec 5, 2023May 15, 2000

HQGO vs IVV Performance

Hartford US Quality Growth ETF (HQGO) is a ETF from Hartford Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HQGO returned +23.34% while IVV returned +23.63%. Year to date, HQGO is up 13.36% versus a gain of 13.52% for IVV.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% for HQGO. 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 -20.9% for HQGO 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

HQGO charges 0.34% per year while IVV charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, HQGO currently yields 0.46% against 1.09% for IVV.

Holdings Overlap

50.4%overlap

HQGO and IVV share 117 holdings out of 550 unique holdings combined, representing a 50.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in HQGOWeight in IVVDifference
AAPL5.72%7.44%1.72%
NVDA5.31%7.76%2.45%
MSFT3.88%4.57%0.69%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
METAProProPro
JPMProProPro
LLYProProPro
TSLAProProPro
See all 10 holdings HQGO shares with IVV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, HQGO or IVV?

HQGO has an expense ratio of 0.34% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $31 per year of difference.

Which performed better, HQGO or IVV?

Over the past year HQGO returned +23.34% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), HQGO annualized +22.88% vs +7.04% for IVV. Past performance does not guarantee future results.

Which is riskier, HQGO or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 13.0% for HQGO. Worst drawdown: HQGO -20.9% vs IVV -56.5%.

Should I hold both HQGO and IVV?

HQGO and IVV have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between HQGO and IVV?

HQGO and IVV share 117 common holdings with a 50.4% weight overlap. Combined, they hold 550 unique securities.

Which pays a higher dividend, HQGO or IVV?

HQGO yields 0.46% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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