IVV vs PSF

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVPSFWinner
Expense Ratio0.03%1.59%
AUM$865.2B$2,687.94
Dividend Yield1.09%6.91%
Holdings508332
YTD Return+11.54%+0.05%
1Y Return+21.48%+1.96%
3Y Return (annualized)+20.86%+9.11%
5Y Return (annualized)+13.02%-1.67%
Volatility (annualized)15.1%16.6%
Max Drawdown-56.5%-55.4%
Fund FamilyiShares by BlackRock (US)Cohen & Steers Funds
CategoryEquityAllocation/Balanced
InceptionMay 15, 2000Nov 24, 2010

IVV vs PSF Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Cohen & Steers Select Preferred and Income Fund Inc. (PSF) is a ETF from Cohen & Steers Funds. Over the past year IVV returned +21.48% while PSF returned +1.96%. Year to date, IVV is up 11.54% versus a gain of 0.05% for PSF.

Over three years, IVV compounded at +20.86% per year against +9.11% for PSF; over five years the annualized figures are +13.02% and -1.67% respectively. Across the full 16-year window we track, IVV has the edge at +6.97% annualized vs +1.18%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PSF has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -56.5% for IVV and -55.4% for PSF. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while PSF charges 1.59%. On a $10,000 position that is $3 vs $159 annually, a gap of $156 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 6.91% for PSF.

Holdings Overlap

0.8%overlap

IVV and PSF share 5 holdings out of 687 unique holdings combined, representing a 0.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in PSFDifference
FITB0.08%0.82%0.74%
NEE0.28%0.57%0.29%
MTB0.06%0.76%0.70%
CProProPro
ACGLProProPro
See all 5 holdings IVV shares with PSF
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Frequently Asked Questions

Which is cheaper, IVV or PSF?

IVV has an expense ratio of 0.03% while PSF charges 1.59%. IVV is the cheaper option. On a $10,000 investment, that is $156 per year of difference.

Which performed better, IVV or PSF?

Over the past year IVV returned +21.48% vs +1.96% for PSF, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +6.97% vs +1.18% for PSF. Past performance does not guarantee future results.

Which is riskier, IVV or PSF?

PSF has been the more volatile fund at 16.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PSF -55.4%.

Should I hold both IVV and PSF?

IVV and PSF have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and PSF?

IVV and PSF share 5 common holdings with a 0.8% weight overlap. Combined, they hold 687 unique securities.

Which pays a higher dividend, IVV or PSF?

IVV yields 1.09% while PSF yields 6.91%, so PSF currently pays the higher dividend yield.

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