IVV vs ULVM

Quick Verdict

IVV has a lower expense ratio. ULVM delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: ULVMMore Diversified: IVV

Side-by-Side Comparison

MetricIVVULVMWinner
Expense Ratio0.03%0.20%
AUM$865.2B$266M
Dividend Yield1.09%1.63%
Holdings508127
YTD Return+13.13%+19.54%
1Y Return+22.90%+30.01%
3Y Return (annualized)+21.08%+21.08%
5Y Return (annualized)+13.27%+12.44%
Volatility (annualized)15.1%17.0%
Max Drawdown-56.5%-40.8%
Fund FamilyiShares by BlackRock (US)Victory Capital Management Inc.
CategoryEquityEquity
InceptionMay 15, 2000Oct 24, 2017

IVV vs ULVM Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VictoryShares US Value Momentum ETF (ULVM) is a ETF from Victory Capital Management Inc.. Over the past year IVV returned +22.90% while ULVM returned +30.01%. Year to date, IVV is up 13.13% versus a gain of 19.54% for ULVM.

Over three years, IVV compounded at +21.08% per year against +21.08% for ULVM; over five years the annualized figures are +13.27% and +12.44% respectively. Across the full 9-year window we track, ULVM has the edge at +10.57% annualized vs +7.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ULVM has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -40.8% for ULVM. 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 0.91. 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 ULVM charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.63% for ULVM.

Holdings Overlap

15.3%overlap

IVV and ULVM share 108 holdings out of 521 unique holdings combined, representing a 15.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in ULVMDifference
GOOGL3.15%0.64%2.51%
BRK.B1.39%1.61%0.22%
JNJ0.93%1.59%0.66%
MUProProPro
XOMProProPro
BACProProPro
OProProPro
CBProProPro
ATOProProPro
LProProPro
See all 10 holdings IVV shares with ULVM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or ULVM?

IVV has an expense ratio of 0.03% while ULVM charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, IVV or ULVM?

Over the past year IVV returned +22.90% vs +30.01% for ULVM, so ULVM leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.02% vs +10.57% for ULVM. Past performance does not guarantee future results.

Which is riskier, IVV or ULVM?

ULVM has been the more volatile fund at 17.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs ULVM -40.8%.

Should I hold both IVV and ULVM?

IVV and ULVM have a monthly-return correlation of 0.91, 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 ULVM?

IVV and ULVM share 108 common holdings with a 15.3% weight overlap. Combined, they hold 521 unique securities.

Which pays a higher dividend, IVV or ULVM?

IVV yields 1.09% while ULVM yields 1.63%, so ULVM currently pays the higher dividend yield.

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