IVV vs RECS
IVV vs RECS
iShares Core S&P 500 ETF vs Columbia Research Enhanced Core 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 | RECS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $5.9B | |
| Dividend Yield | 1.09% | 1.05% | |
| Holdings | 508 | 368 | |
| YTD Return | +13.80% | +10.57% | |
| 1Y Return | +23.70% | +20.40% | |
| 3Y Return (annualized) | +21.49% | +21.30% | |
| 5Y Return (annualized) | +13.43% | +13.77% | |
| Volatility (annualized) | 15.1% | 16.5% | |
| Max Drawdown | -56.5% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Columbia Threadneedle Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 25, 2019 |
IVV vs RECS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Columbia Research Enhanced Core ETF (RECS) is a ETF from Columbia Threadneedle Investments. Over the past year IVV returned +23.70% while RECS returned +20.40%. Year to date, IVV is up 13.80% versus a gain of 10.57% for RECS.
Over three years, IVV compounded at +21.49% per year against +21.30% for RECS; over five years the annualized figures are +13.43% and +13.77% respectively. Across the full 25-year window we track, IVV has the edge at +7.05% annualized vs +4.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RECS has been the more volatile fund, with annualized monthly volatility of 16.5% 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 -34.3% for RECS. 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 RECS 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 1.05% for RECS.
Holdings Overlap
IVV and RECS share 174 holdings out of 691 unique holdings combined, representing a 45.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RECS | Difference |
|---|---|---|---|
| NVDA | 7.76% | 9.06% | 1.30% |
| AAPL | 7.44% | 8.40% | 0.96% |
| MSFT | 4.57% | 6.30% | 1.73% |
| GOOG | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| WFC | Pro | Pro | Pro |
See all 10 holdings IVV shares with RECS 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 RECS?
IVV has an expense ratio of 0.03% while RECS 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 RECS?
Over the past year IVV returned +23.70% vs +20.40% for RECS, so IVV leads on 1-year performance. Over the longest common window we track (25 years), IVV annualized +7.05% vs +4.01% for RECS. Past performance does not guarantee future results.
Which is riskier, IVV or RECS?
RECS has been the more volatile fund at 16.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RECS -34.3%.
Should I hold both IVV and RECS?
IVV and RECS 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 RECS?
IVV and RECS share 174 common holdings with a 45.5% weight overlap. Combined, they hold 691 unique securities.
Which pays a higher dividend, IVV or RECS?
IVV yields 1.09% while RECS yields 1.05%, so IVV currently pays the higher dividend yield.
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