BRCE vs IVV
MFS Blended Research Core Equity ETF vs iShares Core S&P 500 ETF
Which is better, BRCE or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. BRCE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 40.3%.
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 | BRCE | IVV |
|---|---|---|
| Expense Ratio | 0.24% | 0.03%Best |
| AUM | $57M | $879.1B |
| Dividend Yield | 0.71% | 1.09% |
| Holdings | 326 | 509 |
| YTD Return | +13.51%Best | +11.33% |
| 1Y Return | +16.33%Best | +13.50% |
| 3Y Return (annualized) | - | +20.45% |
| 5Y Return (annualized) | - | +11.61% |
| Volatility (annualized) | 12.0%Best | 12.8% |
| Max Drawdown | -8.8%Best | -8.9% |
| $10,000 over 1.1 years | $11,779Best | $11,480 |
| Top 10 Weight | 40.3% | 37.3%Best |
| Fund Family | MFS Investment Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 22, 2025 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Oct 22, 2025 to Nov 13, 2026 (1.1 years).
BRCE 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 1.1 years both funds cover.
BRCE vs IVV Performance
MFS Blended Research Core Equity ETF (BRCE) is an ETF from MFS Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BRCE returned +16.33% while IVV returned +13.50%. Year to date, BRCE is up 13.51% versus a gain of 11.33% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.0% for BRCE. 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 -8.8% for BRCE and -8.9% 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BRCE charges 0.24% per year while IVV charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, BRCE currently yields 0.71% against 1.09% for IVV.
Holdings Overlap
91.7% of BRCE's money is in holdings IVV also owns. 59.7% of IVV's money is in holdings BRCE also owns.
Most of BRCE is already inside IVV. Owning both mostly buys the same companies twice.
88 positions in common, counted across the 106 positions we hold weights for in BRCE and 490 in IVV, against full books of 326 and 509.
What only one of them owns
Our book lists 396 positions for IVV that do not appear in our book for BRCE (39.1% of the fund), and 14 for BRCE that do not appear in IVV (7.1%).
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 BRCE | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.11% | 7.58% | 1.53% |
| AAPLApple, Inc | 7.46% | 7.70% | 0.24% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.30% | 5.93% | 0.63% |
| AMZNAmazon.Com Inc | 3.98% | 3.61% | 0.37% |
| GOOGLAlphabet Inc | 3.16% | 2.51% | 0.65% |
| AVGOBroadcom Inc | 2.45% | 2.37% | 0.08% |
| METAMeta Platform Inc | 2.39% | 2.08% | 0.31% |
| GOOGAlphabet Inc | 1.82% | 2.02% | 0.20% |
| MUMicron Technology, Inc. | 2.09% | 1.53% | 0.56% |
| JNJJohnson & Johnson - Common | 2.22% | 1.01% | 1.21% |
91.7% of BRCE 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, BRCE or IVV?
BRCE has an expense ratio of 0.24% while IVV charges 0.03%. IVV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, BRCE or IVV?
Over the past year BRCE returned +16.33% vs +13.50% for IVV, so BRCE leads on 1-year performance. Over the longest common window we track (1 years), BRCE annualized +16.05% vs +13.37% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRCE or IVV?
IVV has been the more volatile fund at 12.8% annualized versus 12.0% for BRCE. Worst drawdown: BRCE -8.8% vs IVV -8.9%.
Should I hold both BRCE and IVV?
BRCE and IVV have a monthly-return correlation of 0.97, 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 BRCE and IVV?
91.7% of BRCE's money is in holdings IVV also owns. 59.7% of IVV's is in holdings BRCE also owns. They hold 88 positions in common, counted across the 106 positions we hold weights for in BRCE and 490 in IVV.
Which pays a higher dividend, BRCE or IVV?
BRCE yields 0.71% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Is IVV better than BRCE?
IVV has a lower expense ratio. BRCE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 40.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.