IQSM vs IVV
IQSM vs IVV
NYLI Candriam US Mid Cap Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IQSM delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IQSM | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $330M | $865.2B | |
| Dividend Yield | 1.04% | 1.09% | |
| Holdings | 243 | 508 | |
| YTD Return | +15.11% | +13.13% | |
| 1Y Return | +23.77% | +22.90% | |
| 3Y Return (annualized) | +12.64% | +21.08% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 16.7% | 15.1% | |
| Max Drawdown | -23.7% | -56.5% | |
| Fund Family | INDEXIQ ETF TRUST | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 25, 2022 | May 15, 2000 |
IQSM vs IVV Performance
NYLI Candriam US Mid Cap Equity ETF (IQSM) is a ETF from INDEXIQ ETF TRUST and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IQSM returned +23.77% while IVV returned +22.90%. Year to date, IQSM is up 15.11% versus a gain of 13.13% for IVV.
Over three years, IQSM compounded at +12.64% per year against +21.08% for IVV. Across the full 4-year window we track, IQSM has the edge at +13.68% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSM has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -23.7% for IQSM 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSM charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, IQSM currently yields 1.04% against 1.09% for IVV.
Holdings Overlap
IQSM and IVV share 49 holdings out of 696 unique holdings combined, representing a 1.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IQSM | Weight in IVV | Difference |
|---|---|---|---|
| ALB | 0.97% | 0.02% | 0.95% |
| FFIV | 0.81% | 0.04% | 0.77% |
| CHRW | 0.79% | 0.04% | 0.75% |
| NUVL | Pro | Pro | Pro |
| BG | Pro | Pro | Pro |
| AKAM | Pro | Pro | Pro |
| MRNA | Pro | Pro | Pro |
| IEX | Pro | Pro | Pro |
| KIM | Pro | Pro | Pro |
| BALL | Pro | Pro | Pro |
See all 10 holdings IQSM 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, IQSM or IVV?
IQSM has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IQSM or IVV?
Over the past year IQSM returned +23.77% vs +22.90% for IVV, so IQSM leads on 1-year performance. Over the longest common window we track (4 years), IQSM annualized +13.68% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, IQSM or IVV?
IQSM has been the more volatile fund at 16.7% annualized versus 15.1% for IVV. Worst drawdown: IQSM -23.7% vs IVV -56.5%.
Should I hold both IQSM and IVV?
IQSM and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IQSM and IVV?
IQSM and IVV share 49 common holdings with a 1.1% weight overlap. Combined, they hold 696 unique securities.
Which pays a higher dividend, IQSM or IVV?
IQSM yields 1.04% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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