IVV vs QUS
IVV vs QUS
iShares Core S&P 500 ETF vs State Street SPDR MSCI USA StrategicFactors ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. QUS offers more diversification with 526 holdings.
Side-by-Side Comparison
| Metric | IVV | QUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $1.5B | |
| Dividend Yield | 1.09% | 1.30% | |
| Holdings | 508 | 539 | |
| YTD Return | +13.13% | +11.71% | |
| 1Y Return | +22.90% | +20.09% | |
| 3Y Return (annualized) | +21.08% | +17.25% | |
| 5Y Return (annualized) | +13.27% | +11.07% | |
| Volatility (annualized) | 15.1% | 13.9% | |
| Max Drawdown | -56.5% | -33.8% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 15, 2015 |
IVV vs QUS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR MSCI USA StrategicFactors ETF (QUS) is a ETF from State Street Investment Management. Over the past year IVV returned +22.90% while QUS returned +20.09%. Year to date, IVV is up 13.13% versus a gain of 11.71% for QUS.
Over three years, IVV compounded at +21.08% per year against +17.25% for QUS; over five years the annualized figures are +13.27% and +11.07% respectively. Across the full 11-year window we track, QUS has the edge at +11.72% annualized vs +7.02%. 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 13.9% for QUS. 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 -33.8% for QUS. 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 0.96. 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 QUS charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.30% for QUS.
Holdings Overlap
IVV and QUS share 441 holdings out of 590 unique holdings combined, representing a 60.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in QUS | Difference |
|---|---|---|---|
| AAPL | 7.44% | 3.06% | 4.38% |
| NVDA | 7.76% | 2.46% | 5.30% |
| MSFT | 4.57% | 2.89% | 1.68% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
See all 10 holdings IVV shares with QUS 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 QUS?
IVV has an expense ratio of 0.03% while QUS charges 0.15%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, IVV or QUS?
Over the past year IVV returned +22.90% vs +20.09% for QUS, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +7.02% vs +11.72% for QUS. Past performance does not guarantee future results.
Which is riskier, IVV or QUS?
IVV has been the more volatile fund at 15.1% annualized versus 13.9% for QUS. Worst drawdown: IVV -56.5% vs QUS -33.8%.
Should I hold both IVV and QUS?
IVV and QUS have a monthly-return correlation of 0.96, 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 QUS?
IVV and QUS share 441 common holdings with a 60.6% weight overlap. Combined, they hold 590 unique securities.
Which pays a higher dividend, IVV or QUS?
IVV yields 1.09% while QUS yields 1.30%, so QUS currently pays the higher dividend yield.
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