IUS vs IVV

Quick Verdict

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

Lower Fees: IVVHigher Returns: IUSMore Diversified: IVV

Side-by-Side Comparison

MetricIUSIVVWinner
Expense Ratio0.19%0.03%
AUM$912M$865.2B
Dividend Yield1.29%1.09%
Holdings546508
YTD Return+19.07%+9.93%
1Y Return+32.92%+19.59%
3Y Return (annualized)+19.79%+19.41%
5Y Return (annualized)+14.69%+12.89%
Volatility (annualized)16.8%15.1%
Max Drawdown-35.2%-56.5%
Fund FamilyInvesco (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionSep 12, 2018May 15, 2000

IUS vs IVV Performance

Invesco RAFI Strategic US ETF (IUS) 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 IUS returned +32.92% while IVV returned +19.59%. Year to date, IUS is up 19.07% versus a gain of 9.93% for IVV.

Over three years, IUS compounded at +19.79% per year against +19.41% for IVV; over five years the annualized figures are +14.69% and +12.89% respectively. Across the full 8-year window we track, IUS has the edge at +14.96% annualized vs +6.91%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IUS has been the more volatile fund, with annualized monthly volatility of 16.8% 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 -35.2% for IUS 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IUS 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, IUS currently yields 1.29% against 1.09% for IVV.

Holdings Overlap

57.0%overlap

IUS and IVV share 355 holdings out of 651 unique holdings combined, representing a 57.0% weight overlap.

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

Top Shared Holdings

StockWeight in IUSWeight in IVVDifference
AAPL3.75%7.44%3.69%
NVDA1.97%7.76%5.79%
MSFT3.06%4.57%1.51%
GOOGLProProPro
AMZNProProPro
METAProProPro
AVGOProProPro
XOMProProPro
MUProProPro
UNHProProPro
See all 10 holdings IUS 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, IUS or IVV?

IUS 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, IUS or IVV?

Over the past year IUS returned +32.92% vs +19.59% for IVV, so IUS leads on 1-year performance. Over the longest common window we track (8 years), IUS annualized +14.96% vs +6.91% for IVV. Past performance does not guarantee future results.

Which is riskier, IUS or IVV?

IUS has been the more volatile fund at 16.8% annualized versus 15.1% for IVV. Worst drawdown: IUS -35.2% vs IVV -56.5%.

Should I hold both IUS and IVV?

IUS and IVV have a monthly-return correlation of 0.94, 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 IUS and IVV?

IUS and IVV share 355 common holdings with a 57.0% weight overlap. Combined, they hold 651 unique securities.

Which pays a higher dividend, IUS or IVV?

IUS yields 1.29% while IVV yields 1.09%, so IUS currently pays the higher dividend yield.

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