IVV vs SMCP
IVV vs SMCP
iShares Core S&P 500 ETF vs SMART Mid Cap 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 | SMCP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $4M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 103 | |
| YTD Return | +11.54% | +1.22% | |
| 1Y Return | +21.48% | +1.22% | |
| 3Y Return (annualized) | +20.86% | -1.88% | |
| 5Y Return (annualized) | +13.02% | -3.53% | |
| Volatility (annualized) | 15.1% | 21.0% | |
| Max Drawdown | -56.5% | -43.8% | |
| Fund Family | iShares by BlackRock (US) | SMART Wealth, LLC | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 11, 2026 |
IVV vs SMCP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and SMART Mid Cap ETF (SMCP) is a ETF from SMART Wealth, LLC. Over the past year IVV returned +21.48% while SMCP returned +1.22%. Year to date, IVV is up 11.54% versus a gain of 1.22% for SMCP.
Over three years, IVV compounded at +20.86% per year against -1.88% for SMCP; over five years the annualized figures are +13.02% and -3.53% respectively. Across the full 11-year window we track, IVV has the edge at +6.97% annualized vs +0.32%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCP has been the more volatile fund, with annualized monthly volatility of 21.0% 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 -43.8% for SMCP. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SMCP charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for SMCP.
Holdings Overlap
IVV and SMCP share 0 holdings out of 537 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SMCP?
IVV has an expense ratio of 0.03% while SMCP charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or SMCP?
Over the past year IVV returned +21.48% vs +1.22% for SMCP, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +6.97% vs +0.32% for SMCP. Past performance does not guarantee future results.
Which is riskier, IVV or SMCP?
SMCP has been the more volatile fund at 21.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SMCP -43.8%.
Should I hold both IVV and SMCP?
IVV and SMCP have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SMCP?
IVV and SMCP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 537 unique securities.
Which pays a higher dividend, IVV or SMCP?
IVV yields 1.09% while SMCP yields 0.00%, so IVV currently pays the higher dividend yield.
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