ILCV vs IVV
ILCV vs IVV
iShares Morningstar Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. ILCV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ILCV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | |
| AUM | $1.3B | $865.2B | |
| Dividend Yield | 1.62% | 1.09% | |
| Holdings | 380 | 508 | |
| YTD Return | +12.10% | +9.93% | |
| 1Y Return | +27.50% | +19.59% | |
| 3Y Return (annualized) | +17.49% | +19.41% | |
| 5Y Return (annualized) | +12.48% | +12.89% | |
| Volatility (annualized) | 14.4% | 15.1% | |
| Max Drawdown | -60.9% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2004 | May 15, 2000 |
ILCV vs IVV Performance
iShares Morningstar Value ETF (ILCV) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ILCV returned +27.50% while IVV returned +19.59%. Year to date, ILCV is up 12.10% versus a gain of 9.93% for IVV.
Over three years, ILCV compounded at +17.49% per year against +19.41% for IVV; over five years the annualized figures are +12.48% and +12.89% respectively. Across the full 22-year window we track, IVV has the edge at +6.91% annualized vs +6.40%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.4% for ILCV. 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 -60.9% for ILCV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILCV charges 0.04% per year while IVV charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, ILCV currently yields 1.62% against 1.09% for IVV.
Holdings Overlap
ILCV and IVV share 323 holdings out of 554 unique holdings combined, representing a 65.2% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in ILCV | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 6.88% | 7.44% | 0.56% |
| MSFT | 6.50% | 4.57% | 1.93% |
| AMZN | 3.24% | 3.75% | 0.51% |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
See all 10 holdings ILCV 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, ILCV or IVV?
ILCV has an expense ratio of 0.04% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, ILCV or IVV?
Over the past year ILCV returned +27.50% vs +19.59% for IVV, so ILCV leads on 1-year performance. Over the longest common window we track (22 years), ILCV annualized +6.40% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, ILCV or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.4% for ILCV. Worst drawdown: ILCV -60.9% vs IVV -56.5%.
Should I hold both ILCV and IVV?
ILCV and IVV have a monthly-return correlation of 0.93, 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 ILCV and IVV?
ILCV and IVV share 323 common holdings with a 65.2% weight overlap. Combined, they hold 554 unique securities.
Which pays a higher dividend, ILCV or IVV?
ILCV yields 1.62% while IVV yields 1.09%, so ILCV currently pays the higher dividend yield.
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