IVV vs QDPL

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

MetricIVVQDPLWinner
Expense Ratio0.03%0.60%
AUM$865.2B$1.7B
Dividend Yield1.09%4.56%
Holdings508521
YTD Return+13.80%+12.27%
1Y Return+23.70%+22.01%
3Y Return (annualized)+21.49%+19.87%
5Y Return (annualized)+13.43%+12.37%
Volatility (annualized)15.1%14.0%
Max Drawdown-56.5%-22.6%
Fund FamilyiShares by BlackRock (US)Pacer ETFs
CategoryEquityEquity
InceptionMay 15, 2000Jul 12, 2021

IVV vs QDPL Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is a ETF from Pacer ETFs. Over the past year IVV returned +23.70% while QDPL returned +22.01%. Year to date, IVV is up 13.80% versus a gain of 12.27% for QDPL.

Over three years, IVV compounded at +21.49% per year against +19.87% for QDPL; over five years the annualized figures are +13.43% and +12.37% respectively. Across the full 5-year window we track, QDPL has the edge at +12.47% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.0% for QDPL. 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 -22.6% for QDPL. 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 1.00. 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 QDPL charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.56% for QDPL.

Holdings Overlap

88.7%overlap

IVV and QDPL share 481 holdings out of 526 unique holdings combined, representing a 88.7% weight overlap.

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

Top Shared Holdings

StockWeight in IVVWeight in QDPLDifference
NVDA7.76%6.66%1.10%
AAPL7.44%6.39%1.05%
MSFT4.57%4.09%0.48%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
See all 10 holdings IVV shares with QDPL
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or QDPL?

IVV has an expense ratio of 0.03% while QDPL charges 0.60%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, IVV or QDPL?

Over the past year IVV returned +23.70% vs +22.01% for QDPL, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.05% vs +12.47% for QDPL. Past performance does not guarantee future results.

Which is riskier, IVV or QDPL?

IVV has been the more volatile fund at 15.1% annualized versus 14.0% for QDPL. Worst drawdown: IVV -56.5% vs QDPL -22.6%.

Should I hold both IVV and QDPL?

IVV and QDPL have a monthly-return correlation of 1.00, 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 QDPL?

IVV and QDPL share 481 common holdings with a 88.7% weight overlap. Combined, they hold 526 unique securities.

Which pays a higher dividend, IVV or QDPL?

IVV yields 1.09% while QDPL yields 4.56%, so QDPL currently pays the higher dividend yield.

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