IVV vs MSLC
IVV vs MSLC
iShares Core S&P 500 ETF vs Morgan Stanley Pathway Large Cap Equity ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. MSLC offers more diversification with 923 holdings.
Side-by-Side Comparison
| Metric | IVV | MSLC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $865.2B | $3.9B | |
| Dividend Yield | 1.09% | 2.00% | |
| Holdings | 508 | 1,006 | |
| YTD Return | +13.13% | +11.61% | |
| 1Y Return | +22.90% | +19.55% | |
| 3Y Return (annualized) | +21.08% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 12.4% | |
| Max Drawdown | -56.5% | -17.9% | |
| Fund Family | iShares by BlackRock (US) | Morgan Stanley | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 9, 2024 |
IVV vs MSLC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Morgan Stanley Pathway Large Cap Equity ETF (MSLC) is a ETF from Morgan Stanley. Over the past year IVV returned +22.90% while MSLC returned +19.55%. Year to date, IVV is up 13.13% versus a gain of 11.61% for MSLC.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.4% for MSLC. 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 -56.5% for IVV and -17.9% for MSLC. 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while MSLC charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.00% for MSLC.
Holdings Overlap
IVV and MSLC share 462 holdings out of 966 unique holdings combined, representing a 76.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MSLC | Difference |
|---|---|---|---|
| NVDA | 7.76% | 7.11% | 0.65% |
| AAPL | 7.44% | 4.76% | 2.68% |
| MSFT | 4.57% | 4.87% | 0.30% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
See all 10 holdings IVV shares with MSLC 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, IVV or MSLC?
IVV has an expense ratio of 0.03% while MSLC charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or MSLC?
Over the past year IVV returned +22.90% vs +19.55% for MSLC, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.02% vs +14.49% for MSLC. Past performance does not guarantee future results.
Which is riskier, IVV or MSLC?
IVV has been the more volatile fund at 15.1% annualized versus 12.4% for MSLC. Worst drawdown: IVV -56.5% vs MSLC -17.9%.
Should I hold both IVV and MSLC?
IVV and MSLC have a monthly-return correlation of 0.99, 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 IVV and MSLC?
IVV and MSLC share 462 common holdings with a 76.3% weight overlap. Combined, they hold 966 unique securities.
Which pays a higher dividend, IVV or MSLC?
IVV yields 1.09% while MSLC yields 2.00%, so MSLC currently pays the higher dividend yield.
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