ILCV vs VOO
ILCV vs VOO
iShares Morningstar Value ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. ILCV delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ILCV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | |
| AUM | $1.3B | $979.0B | |
| Dividend Yield | 1.62% | 1.09% | |
| Holdings | 380 | 509 | |
| YTD Return | +14.22% | +13.31% | |
| 1Y Return | +30.45% | +24.01% | |
| 3Y Return (annualized) | +18.46% | +21.17% | |
| 5Y Return (annualized) | +12.80% | +13.34% | |
| Volatility (annualized) | 14.3% | 14.1% | |
| Max Drawdown | -60.9% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2004 | Sep 7, 2010 |
ILCV vs VOO Performance
iShares Morningstar Value ETF (ILCV) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ILCV returned +30.45% while VOO returned +24.01%. Year to date, ILCV is up 14.22% versus a gain of 13.31% for VOO.
Over three years, ILCV compounded at +18.46% per year against +21.17% for VOO; over five years the annualized figures are +12.80% and +13.34% respectively. Across the full 16-year window we track, VOO has the edge at +13.55% annualized vs +6.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILCV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 14.1% for VOO. 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 -34.3% for VOO. 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 VOO 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 VOO.
Holdings Overlap
ILCV and VOO share 320 holdings out of 557 unique holdings combined, representing a 63.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in ILCV | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 6.88% | 6.59% | 0.29% |
| MSFT | 6.50% | 4.30% | 2.20% |
| AMZN | 3.24% | 3.62% | 0.38% |
| 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 VOO 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 VOO?
ILCV has an expense ratio of 0.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, ILCV or VOO?
Over the past year ILCV returned +30.45% vs +24.01% for VOO, so ILCV leads on 1-year performance. Over the longest common window we track (16 years), ILCV annualized +6.48% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, ILCV or VOO?
ILCV has been the more volatile fund at 14.3% annualized versus 14.1% for VOO. Worst drawdown: ILCV -60.9% vs VOO -34.3%.
Should I hold both ILCV and VOO?
ILCV and VOO 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 VOO?
ILCV and VOO share 320 common holdings with a 63.7% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, ILCV or VOO?
ILCV yields 1.62% while VOO yields 1.09%, so ILCV currently pays the higher dividend yield.
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