IVV vs PRAE

Quick Verdict

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

Lower Fees: IVVHigher Returns: PRAEMore Diversified: IVV

Side-by-Side Comparison

MetricIVVPRAEWinner
Expense Ratio0.03%1.49%
AUM$865.2B$12M
Dividend Yield1.09%0.48%
Holdings50828
YTD Return+13.31%+10.21%
1Y Return+24.00%+26.64%
3Y Return (annualized)+21.16%-
5Y Return (annualized)+13.34%-
Volatility (annualized)15.1%13.6%
Max Drawdown-56.5%-17.7%
Fund FamilyiShares by BlackRock (US)PlanRock Investments
CategoryEquityAlternative
InceptionMay 15, 2000Dec 18, 2023

IVV vs PRAE Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and PlanRock Alternative Growth ETF (PRAE) is a ETF from PlanRock Investments. Over the past year IVV returned +24.00% while PRAE returned +26.64%. Year to date, IVV is up 13.31% versus a gain of 10.21% for PRAE.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.6% for PRAE. 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 -17.7% for PRAE. 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while PRAE charges 1.49%. On a $10,000 position that is $3 vs $149 annually, a gap of $146 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.48% for PRAE.

Holdings Overlap

0.0%overlap

IVV and PRAE share 0 holdings out of 517 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, IVV or PRAE?

IVV has an expense ratio of 0.03% while PRAE charges 1.49%. IVV is the cheaper option. On a $10,000 investment, that is $146 per year of difference.

Which performed better, IVV or PRAE?

Over the past year IVV returned +24.00% vs +26.64% for PRAE, so PRAE leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +12.79% for PRAE. Past performance does not guarantee future results.

Which is riskier, IVV or PRAE?

IVV has been the more volatile fund at 15.1% annualized versus 13.6% for PRAE. Worst drawdown: IVV -56.5% vs PRAE -17.7%.

Should I hold both IVV and PRAE?

IVV and PRAE have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and PRAE?

IVV and PRAE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 517 unique securities.

Which pays a higher dividend, IVV or PRAE?

IVV yields 1.09% while PRAE yields 0.48%, so IVV currently pays the higher dividend yield.

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