BLCV vs IVV
iShares Large Cap Value Active ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. BLCV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | BLCV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $337M | $865.2B | |
| Dividend Yield | 1.26% | 1.09% | |
| Holdings | 61 | 508 | |
| YTD Return | +0.62% | +14.50% | |
| 1Y Return | +23.61% | +22.02% | |
| 3Y Return (annualized) | +17.32% | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 12.2% | 15.1% | |
| Max Drawdown | -13.4% | -56.5% | |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 19, 2023 | May 15, 2000 |
BLCV vs IVV Performance
iShares Large Cap Value Active ETF (BLCV) is a ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BLCV returned +23.61% while IVV returned +22.02%. Year to date, BLCV is up 0.62% versus a gain of 14.50% for IVV.
Over three years, BLCV compounded at +17.32% per year against +21.80% for IVV. Across the full 3-year window we track, BLCV has the edge at +17.32% annualized vs +7.07%. 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 12.2% for BLCV. 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 -13.4% for BLCV and -56.5% for IVV. 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, BLCV currently yields 1.26% against 1.09% for IVV.
Holdings Overlap
BLCV and IVV share 46 holdings out of 515 unique holdings combined, representing a 26.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BLCV or IVV?
BLCV has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, BLCV or IVV?
Over the past year BLCV returned +23.61% vs +22.02% for IVV, so BLCV leads on 1-year performance. Over the longest common window we track (3 years), BLCV annualized +17.32% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, BLCV or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.2% for BLCV. Worst drawdown: BLCV -13.4% vs IVV -56.5%.
Should I hold both BLCV and IVV?
BLCV and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BLCV and IVV?
BLCV and IVV share 46 common holdings with a 26.0% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, BLCV or IVV?
BLCV yields 1.26% while IVV yields 1.09%, so BLCV currently pays the higher dividend yield.
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