IVV vs USCA

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVUSCAWinner
Expense Ratio0.03%0.07%
AUM$865.2B$3.4B
Dividend Yield1.09%1.14%
Holdings508273
YTD Return+13.31%+10.31%
1Y Return+24.00%+17.24%
3Y Return (annualized)+21.16%+19.40%
5Y Return (annualized)+13.34%-
Volatility (annualized)15.1%12.8%
Max Drawdown-56.5%-19.1%
Fund FamilyiShares by BlackRock (US)Xtrackers ETFs
CategoryEquityEquity
InceptionMay 15, 2000Apr 4, 2023

IVV vs USCA Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Xtrackers MSCI USA Climate Action Equity ETF (USCA) is a ETF from Xtrackers ETFs. Over the past year IVV returned +24.00% while USCA returned +17.24%. Year to date, IVV is up 13.31% versus a gain of 10.31% for USCA.

Over three years, IVV compounded at +21.16% per year against +19.40% for USCA. Across the full 3-year window we track, USCA has the edge at +21.48% annualized vs +7.03%. 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 12.8% for USCA. 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 -19.1% for USCA. 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 0.99. 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 USCA charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.14% for USCA.

Holdings Overlap

83.7%overlap

IVV and USCA share 365 holdings out of 545 unique holdings combined, representing a 83.7% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in IVVWeight in USCADifference
NVDA7.76%9.16%1.40%
AAPL7.44%9.38%1.94%
MSFT4.57%5.17%0.60%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
LLYProProPro
See all 10 holdings IVV shares with USCA
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or USCA?

IVV has an expense ratio of 0.03% while USCA charges 0.07%. IVV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, IVV or USCA?

Over the past year IVV returned +24.00% vs +17.24% for USCA, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +21.48% for USCA. Past performance does not guarantee future results.

Which is riskier, IVV or USCA?

IVV has been the more volatile fund at 15.1% annualized versus 12.8% for USCA. Worst drawdown: IVV -56.5% vs USCA -19.1%.

Should I hold both IVV and USCA?

IVV and USCA have a monthly-return correlation of 0.99, 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 USCA?

IVV and USCA share 365 common holdings with a 83.7% weight overlap. Combined, they hold 545 unique securities.

Which pays a higher dividend, IVV or USCA?

IVV yields 1.09% while USCA yields 1.14%, so USCA currently pays the higher dividend yield.

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