IVV vs PSQO
IVV vs PSQO
iShares Core S&P 500 ETF vs Palmer Square Credit Opportunities ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PSQO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.52% | |
| AUM | $865.2B | $271M | |
| Dividend Yield | 1.09% | 4.41% | |
| Holdings | 508 | 359 | |
| YTD Return | +11.54% | +2.44% | |
| 1Y Return | +21.48% | +5.32% | |
| 3Y Return (annualized) | +20.86% | - | |
| 5Y Return (annualized) | +13.02% | - | |
| Volatility (annualized) | 15.1% | 1.1% | |
| Max Drawdown | -56.5% | -0.8% | |
| Fund Family | iShares by BlackRock (US) | Palmer Square Capital Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 11, 2024 |
IVV vs PSQO Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Palmer Square Credit Opportunities ETF (PSQO) is a ETF from Palmer Square Capital Management. Over the past year IVV returned +21.48% while PSQO returned +5.32%. Year to date, IVV is up 11.54% versus a gain of 2.44% for PSQO.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.1% for PSQO. 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 -0.8% for PSQO. 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PSQO charges 0.52%. On a $10,000 position that is $3 vs $52 annually, a gap of $49 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.41% for PSQO.
Holdings Overlap
IVV and PSQO share 1 holdings out of 702 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PSQO | Difference |
|---|---|---|---|
| KDP | 0.06% | 0.29% | 0.23% |
Frequently Asked Questions
Which is cheaper, IVV or PSQO?
IVV has an expense ratio of 0.03% while PSQO charges 0.52%. IVV is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, IVV or PSQO?
Over the past year IVV returned +21.48% vs +5.32% for PSQO, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.97% vs +6.09% for PSQO. Past performance does not guarantee future results.
Which is riskier, IVV or PSQO?
IVV has been the more volatile fund at 15.1% annualized versus 1.1% for PSQO. Worst drawdown: IVV -56.5% vs PSQO -0.8%.
Should I hold both IVV and PSQO?
IVV and PSQO have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PSQO?
IVV and PSQO share 1 common holdings with a 0.1% weight overlap. Combined, they hold 702 unique securities.
Which pays a higher dividend, IVV or PSQO?
IVV yields 1.09% while PSQO yields 4.41%, so PSQO currently pays the higher dividend yield.
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