IVV vs PFUT
iShares Core S&P 500 ETF vs Putnam Sustainable Future ETF
Which is better, IVV or PFUT?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. PFUT is less concentrated, with 28.3% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PFUT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.64% |
| AUM | $876.4B | $4M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 72 |
| Volatility (annualized) | 15.8%Best | 20.0% |
| Max Drawdown | -24.5%Best | -44.9% |
| $10,000 over 5 years | $18,811Best | $10,309 |
| Top 10 Weight | 37.9% | 28.3%Best |
| Fund Family | iShares by BlackRock (US) | Putnam Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | May 25, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 94 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 11, 2026 and PFUT through Jun 9, 2026.
Volatility and max drawdown, and the $10,000 over 5 years row, are measured over the window both funds cover: May 26, 2021 to Jun 9, 2026 (5 years).
Risk: Volatility and Drawdowns
PFUT has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.8% 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 -24.5% for IVV and -44.9% for PFUT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PFUT charges 0.64%. On a $10,000 position that is $3 vs $64 annually, a gap of $61 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for PFUT.
Holdings Overlap
7.6% of IVV's money is in holdings PFUT also owns. 56.1% of PFUT's money is in holdings IVV also owns.
The two portfolios partly overlap.
The two holdings books were reported 159 days apart, IVV as of Aug 5, 2026 and PFUT as of Feb 27, 2026, so some of the difference between them is the time between the two reports rather than the funds.
36 positions in common, counted across the 505 positions we hold weights for in IVV and 68 in PFUT, against full books of 508 and 72.
What only one of them owns
Our book lists 26 positions for PFUT that do not appear in our book for IVV (32.3% of the fund), and 459 for IVV that do not appear in PFUT (91.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PFUT | Difference |
|---|---|---|---|
| VRTVertiv Group Corp | 0.16% | 4.94% | 4.78% |
| AVGOBroadcom Inc | 2.98% | 1.21% | 1.77% |
| PWRQuanta Services, Inc. | 0.15% | 3.62% | 3.47% |
| HLTHilton Worldwide Holdings, Inc. | 0.11% | 3.30% | 3.19% |
| VSTVistra Energy Corp. | 0.07% | 2.55% | 2.48% |
| DXCMDexcom Inc. | 0.05% | 2.37% | 2.32% |
| MAMastercard Inc | 0.69% | 1.63% | 0.94% |
| DDOGDatadog Inc. Class A | 0.14% | 2.16% | 2.02% |
| GEVGE Vernova, LLC | 0.41% | 1.84% | 1.43% |
| GWWWw Grainger Inc. | 0.08% | 1.98% | 1.90% |
56.1% of PFUT is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PFUT?
IVV has an expense ratio of 0.03% while PFUT charges 0.64%. IVV is the cheaper option, by $61 a year on a $10,000 investment.
Which is riskier, IVV or PFUT?
PFUT has been the more volatile fund at 20.0% annualized versus 15.8% for IVV. Worst drawdown: IVV -24.5% vs PFUT -44.9%.
Should I hold both IVV and PFUT?
IVV and PFUT have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and PFUT?
56.1% of PFUT's money is in holdings IVV also owns. 56.1% of PFUT's is in holdings IVV also owns. They hold 36 positions in common, counted across the 505 positions we hold weights for in IVV and 68 in PFUT.
Which pays a higher dividend, IVV or PFUT?
IVV yields 1.06% while PFUT yields 0.00%, so IVV currently pays the higher dividend yield.
Is PFUT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. PFUT is less concentrated, with 28.3% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.