IVV vs USCL
IVV vs USCL
iShares Core S&P 500 ETF vs iShares Climate Conscious & Transition MSCI USA 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 | USCL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.08% | |
| AUM | $865.2B | $2.8B | |
| Dividend Yield | 1.09% | 1.11% | |
| Holdings | 508 | 410 | |
| YTD Return | +13.13% | +9.89% | |
| 1Y Return | +22.90% | +16.49% | |
| 3Y Return (annualized) | +21.08% | +19.24% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 12.9% | |
| Max Drawdown | -56.5% | -19.0% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 6, 2023 |
IVV vs USCL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Climate Conscious & Transition MSCI USA ETF (USCL) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +22.90% while USCL returned +16.49%. Year to date, IVV is up 13.13% versus a gain of 9.89% for USCL.
Over three years, IVV compounded at +21.08% per year against +19.24% for USCL. Across the full 3-year window we track, USCL has the edge at +20.29% annualized vs +7.02%. 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 12.9% for USCL. 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 -19.0% for USCL. 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 USCL charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.11% for USCL.
Holdings Overlap
IVV and USCL share 365 holdings out of 546 unique holdings combined, representing a 84.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in USCL | Difference |
|---|---|---|---|
| NVDA | 7.76% | 8.55% | 0.79% |
| AAPL | 7.44% | 8.69% | 1.25% |
| MSFT | 4.57% | 5.17% | 0.60% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings IVV shares with USCL 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 USCL?
IVV has an expense ratio of 0.03% while USCL charges 0.08%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, IVV or USCL?
Over the past year IVV returned +22.90% vs +16.49% for USCL, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs +20.29% for USCL. Past performance does not guarantee future results.
Which is riskier, IVV or USCL?
IVV has been the more volatile fund at 15.1% annualized versus 12.9% for USCL. Worst drawdown: IVV -56.5% vs USCL -19.0%.
Should I hold both IVV and USCL?
IVV and USCL 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 USCL?
IVV and USCL share 365 common holdings with a 84.5% weight overlap. Combined, they hold 546 unique securities.
Which pays a higher dividend, IVV or USCL?
IVV yields 1.09% while USCL yields 1.11%, so USCL currently pays the higher dividend yield.
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