IVV vs SIZE
IVV vs SIZE
iShares Core S&P 500 ETF vs iShares MSCI USA Size Factor ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. SIZE offers more diversification with 507 holdings.
Side-by-Side Comparison
| Metric | IVV | SIZE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.15% | |
| AUM | $865.2B | $430M | |
| Dividend Yield | 1.09% | 1.37% | |
| Holdings | 508 | 533 | |
| YTD Return | +13.31% | +13.08% | |
| 1Y Return | +24.00% | +18.62% | |
| 3Y Return (annualized) | +21.16% | +15.01% | |
| 5Y Return (annualized) | +13.34% | +8.35% | |
| Volatility (annualized) | 15.1% | 15.3% | |
| Max Drawdown | -56.5% | -39.1% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 16, 2013 |
IVV vs SIZE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares MSCI USA Size Factor ETF (SIZE) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +24.00% while SIZE returned +18.62%. Year to date, IVV is up 13.31% versus a gain of 13.08% for SIZE.
Over three years, IVV compounded at +21.16% per year against +15.01% for SIZE; over five years the annualized figures are +13.34% and +8.35% respectively. Across the full 13-year window we track, SIZE has the edge at +10.89% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIZE has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -39.1% for SIZE. 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 0.95. 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 SIZE 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 1.37% for SIZE.
Holdings Overlap
IVV and SIZE share 420 holdings out of 592 unique holdings combined, representing a 38.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SIZE | Difference |
|---|---|---|---|
| NVDA | 7.76% | 0.13% | 7.63% |
| AAPL | 7.44% | 0.16% | 7.28% |
| AMZN | 3.75% | 0.14% | 3.61% |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings IVV shares with SIZE 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 SIZE?
IVV has an expense ratio of 0.03% while SIZE 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 SIZE?
Over the past year IVV returned +24.00% vs +18.62% for SIZE, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +7.03% vs +10.89% for SIZE. Past performance does not guarantee future results.
Which is riskier, IVV or SIZE?
SIZE has been the more volatile fund at 15.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SIZE -39.1%.
Should I hold both IVV and SIZE?
IVV and SIZE have a monthly-return correlation of 0.95, 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 SIZE?
IVV and SIZE share 420 common holdings with a 38.5% weight overlap. Combined, they hold 592 unique securities.
Which pays a higher dividend, IVV or SIZE?
IVV yields 1.09% while SIZE yields 1.37%, so SIZE currently pays the higher dividend yield.
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