IVV vs USVM
IVV vs USVM
iShares Core S&P 500 ETF vs VictoryShares US Small Mid Cap Value Momentum ETF
Quick Verdict
IVV has a lower expense ratio. USVM delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | USVM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $865.2B | $1.8B | |
| Dividend Yield | 1.09% | 1.74% | |
| Holdings | 508 | 292 | |
| YTD Return | +13.13% | +21.04% | |
| 1Y Return | +22.90% | +35.26% | |
| 3Y Return (annualized) | +21.08% | +18.98% | |
| 5Y Return (annualized) | +13.27% | +10.99% | |
| Volatility (annualized) | 15.1% | 20.3% | |
| Max Drawdown | -56.5% | -44.1% | |
| Fund Family | iShares by BlackRock (US) | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 24, 2017 |
IVV vs USVM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is a ETF from Victory Capital Management Inc.. Over the past year IVV returned +22.90% while USVM returned +35.26%. Year to date, IVV is up 13.13% versus a gain of 21.04% for USVM.
Over three years, IVV compounded at +21.08% per year against +18.98% for USVM; over five years the annualized figures are +13.27% and +10.99% respectively. Across the full 9-year window we track, USVM has the edge at +10.56% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USVM has been the more volatile fund, with annualized monthly volatility of 20.3% 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 -44.1% for USVM. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while USVM charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.74% for USVM.
Holdings Overlap
IVV and USVM share 14 holdings out of 777 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in USVM | Difference |
|---|---|---|---|
| NUVL | 0.62% | 0.49% | 0.13% |
| PNW | 0.02% | 0.80% | 0.78% |
| EG | 0.02% | 0.59% | 0.57% |
| HST | Pro | Pro | Pro |
| HSIC | Pro | Pro | Pro |
| BEN | Pro | Pro | Pro |
| SOLV | Pro | Pro | Pro |
| TAP | Pro | Pro | Pro |
| VTRS | Pro | Pro | Pro |
| UHS | Pro | Pro | Pro |
See all 10 holdings IVV shares with USVM 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 USVM?
IVV has an expense ratio of 0.03% while USVM charges 0.29%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or USVM?
Over the past year IVV returned +22.90% vs +35.26% for USVM, so USVM leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.02% vs +10.56% for USVM. Past performance does not guarantee future results.
Which is riskier, IVV or USVM?
USVM has been the more volatile fund at 20.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs USVM -44.1%.
Should I hold both IVV and USVM?
IVV and USVM have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and USVM?
IVV and USVM share 14 common holdings with a 0.7% weight overlap. Combined, they hold 777 unique securities.
Which pays a higher dividend, IVV or USVM?
IVV yields 1.09% while USVM yields 1.74%, so USVM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.