IQSZ vs IVV
IQSZ vs IVV
Invesco Global Equity Net Zero ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IQSZ delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IQSZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.03% | |
| AUM | $169M | $865.2B | |
| Dividend Yield | 1.43% | 1.09% | |
| Holdings | 506 | 508 | |
| YTD Return | +16.05% | +13.31% | |
| 1Y Return | +31.08% | +24.00% | |
| 3Y Return (annualized) | - | +21.16% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 11.5% | 15.1% | |
| Max Drawdown | -9.1% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jul 16, 2025 | May 15, 2000 |
IQSZ vs IVV Performance
Invesco Global Equity Net Zero ETF (IQSZ) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IQSZ returned +31.08% while IVV returned +24.00%. Year to date, IQSZ is up 16.05% versus a gain of 13.31% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.5% for IQSZ. 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 -9.1% for IQSZ 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IQSZ charges 0.19% per year while IVV charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, IQSZ currently yields 1.43% against 1.09% for IVV.
Holdings Overlap
IQSZ and IVV share 178 holdings out of 813 unique holdings combined, representing a 47.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IQSZ | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 4.68% | 7.76% | 3.08% |
| AAPL | 4.27% | 7.44% | 3.17% |
| MSFT | 2.51% | 4.57% | 2.06% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings IQSZ 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, IQSZ or IVV?
IQSZ has an expense ratio of 0.19% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, IQSZ or IVV?
Over the past year IQSZ returned +31.08% vs +24.00% for IVV, so IQSZ leads on 1-year performance. Over the longest common window we track (1 years), IQSZ annualized +30.07% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, IQSZ or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 11.5% for IQSZ. Worst drawdown: IQSZ -9.1% vs IVV -56.5%.
Should I hold both IQSZ and IVV?
IQSZ and IVV have a monthly-return correlation of 0.96, 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 IQSZ and IVV?
IQSZ and IVV share 178 common holdings with a 47.9% weight overlap. Combined, they hold 813 unique securities.
Which pays a higher dividend, IQSZ or IVV?
IQSZ yields 1.43% while IVV yields 1.09%, so IQSZ currently pays the higher dividend yield.
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