ACLC vs IVV
American Century Large Cap Equity ETF vs iShares Core S&P 500 ETF
Which is better, ACLC or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 38.7%.
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 | ACLC | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $327M | $886.7B |
| Dividend Yield | 0.54% | 1.10% |
| Holdings | 101 | 508 |
| YTD Return | +10.72% | +13.39%Best |
| 1Y Return | +15.20% | +20.08%Best |
| 3Y Return (annualized) | +16.60% | +21.29%Best |
| 5Y Return (annualized) | +9.66% | +12.88%Best |
| Volatility (annualized) | 16.0% | 15.5%Best |
| Max Drawdown | -26.4% | -24.5%Best |
| $10,000 over 5 years | $15,858 | $18,327Best |
| Top 10 Weight | 38.7% | 37.9%Best |
| Fund Family | American Century Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 15, 2020 to Sep 4, 2026 (6.1 years).
ACLC vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.1 years both funds cover.
ACLC vs IVV Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ACLC returned +15.20% while IVV returned +20.08%. Year to date, ACLC is up 10.72% versus a gain of 13.39% for IVV.
Over three years, ACLC compounded at +16.60% per year against +21.29% for IVV; over five years the annualized figures are +9.66% and +12.88% respectively. Across the full 6-year window we track, IVV has the edge at +16.74% annualized vs +14.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.5% 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 -26.4% for ACLC and -24.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
ACLC charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, ACLC currently yields 0.54% against 1.10% for IVV.
Holdings Overlap
96.6% of ACLC's money is in holdings IVV also owns. 59.1% of IVV's money is in holdings ACLC also owns.
Most of ACLC is already inside IVV. Owning both mostly buys the same companies twice.
93 positions in common, counted across the 100 positions we hold weights for in ACLC and 505 in IVV, against full books of 101 and 508.
What only one of them owns
Our book lists 404 positions for IVV that do not appear in our book for ACLC (40.2% of the fund), and 5 for ACLC that do not appear in IVV (1.9%).
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 ACLC | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.10% | 7.98% | 0.12% |
| AAPLApple, Inc | 4.75% | 6.86% | 2.11% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.54% | 5.44% | 0.10% |
| GOOGLAlphabet Inc.Class A | 6.53% | 3.19% | 3.34% |
| AMZNAmazon.Com Inc | 3.41% | 4.01% | 0.60% |
| AVGOBroadcom Inc | 3.27% | 2.98% | 0.29% |
| MUMicron Technology, Inc. | 2.06% | 1.51% | 0.55% |
| METAMeta Platform Inc | 1.52% | 1.94% | 0.42% |
| LLYEli Lilly & Co. | 1.65% | 1.39% | 0.26% |
| JPMJpmorgan Chase | 1.54% | 1.45% | 0.09% |
96.6% of ACLC 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, ACLC or IVV?
ACLC has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, ACLC or IVV?
Over the past year ACLC returned +15.20% vs +20.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), ACLC annualized +14.16% vs +16.74% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or IVV?
ACLC has been the more volatile fund at 16.0% annualized versus 15.5% for IVV. Worst drawdown: ACLC -26.4% vs IVV -24.5%.
Should I hold both ACLC and IVV?
ACLC and IVV have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACLC and IVV?
96.6% of ACLC's money is in holdings IVV also owns. 59.1% of IVV's is in holdings ACLC also owns. They hold 93 positions in common, counted across the 100 positions we hold weights for in ACLC and 505 in IVV.
Which pays a higher dividend, ACLC or IVV?
ACLC yields 0.54% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than ACLC?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 38.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.