BLCN vs IVV
Siren NexGen Economy ETF vs iShares Core S&P 500 ETF
Which is better, BLCN or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.9%.
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 | BLCN | IVV |
|---|---|---|
| Expense Ratio | 0.68% | 0.03%Best |
| AUM | $33M | $876.4B |
| Dividend Yield | 2.71% | 1.06% |
| Holdings | 27 | 508 |
| Volatility (annualized) | 28.1% | 16.5%Best |
| Max Drawdown | -67.5% | -33.9%Best |
| $10,000 over 8.5 years | $10,984 | $28,991Best |
| Top 10 Weight | 61.9% | 37.9%Best |
| Fund Family | SRN Advisors | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jan 16, 2018 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 59 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BLCN has data through Jul 14, 2026 and IVV through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 8.5 years row, are measured over the window both funds cover: Jan 17, 2018 to Jul 14, 2026 (8.5 years).
Risk: Volatility and Drawdowns
BLCN has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 16.5% 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 -67.5% for BLCN and -33.9% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCN charges 0.68% per year while IVV charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, BLCN currently yields 2.71% against 1.06% for IVV.
Holdings Overlap
20.0% of BLCN's money is in holdings IVV also owns. 8.8% of IVV's money is in holdings BLCN also owns.
BLCN and IVV share little of their money.
The two holdings books were reported 97 days apart, BLCN as of Apr 30, 2026 and IVV as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
6 positions in common, counted across the 22 positions we hold weights for in BLCN and 505 in IVV, against full books of 27 and 508.
What only one of them owns
Our book lists 489 positions for IVV that do not appear in our book for BLCN (90.5% of the fund), and 4 for BLCN that do not appear in IVV (29.9%).
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
20.0% of BLCN 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, BLCN or IVV?
BLCN has an expense ratio of 0.68% while IVV charges 0.03%. IVV is the cheaper option, by $65 a year on a $10,000 investment.
Which is riskier, BLCN or IVV?
BLCN has been the more volatile fund at 28.1% annualized versus 16.5% for IVV. Worst drawdown: BLCN -67.5% vs IVV -33.9%.
Should I hold both BLCN and IVV?
BLCN and IVV have a monthly-return correlation of 0.82, 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 BLCN and IVV?
20.0% of BLCN's money is in holdings IVV also owns. 8.8% of IVV's is in holdings BLCN also owns. They hold 6 positions in common, counted across the 22 positions we hold weights for in BLCN and 505 in IVV.
Which pays a higher dividend, BLCN or IVV?
BLCN yields 2.71% while IVV yields 1.06%, so BLCN currently pays the higher dividend yield.
Is IVV better than BLCN?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.