EPSV vs IVV
Harbor SMID Cap Value ETF vs iShares Core S&P 500 ETF
Which is better, EPSV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. EPSV led over 1Y and the full window. EPSV is less concentrated, with 25.2% of the fund in its ten largest positions against 37.8%.
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 | EPSV | IVV |
|---|---|---|
| Expense Ratio | 0.88% | 0.03%Best |
| AUM | $6M | $876.4B |
| Dividend Yield | 2.28% | 1.06% |
| Holdings | 62 | 508 |
| YTD Return | +20.01%Best | +11.03% |
| 1Y Return | +27.12%Best | +15.62% |
| 3Y Return (annualized) | - | +20.81% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 14.4% | 12.2%Best |
| Max Drawdown | -8.9%Tie | -8.9%Tie |
| $10,000 over 1.4 years | $14,884Best | $13,587 |
| Top 10 Weight | 25.2%Best | 37.8% |
| Fund Family | Harbor Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | May 1, 2025 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 2, 2025 to Sep 16, 2026 (1.4 years).
EPSV 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 1.4 years both funds cover.
EPSV vs IVV Performance
Harbor SMID Cap Value ETF (EPSV) is an ETF from Harbor Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EPSV returned +27.12% while IVV returned +15.62%. Year to date, EPSV is up 20.01% versus a gain of 11.03% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EPSV has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 12.2% 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 -8.9% for EPSV 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EPSV charges 0.88% per year while IVV charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, EPSV currently yields 2.28% against 1.06% for IVV.
Holdings Overlap
18.9% of EPSV's money is in holdings IVV also owns. 0.6% of IVV's money is in holdings EPSV also owns.
EPSV and IVV share little of their money.
14 positions in common, counted across the 60 positions we hold weights for in EPSV and 490 in IVV, against full books of 62 and 508.
What only one of them owns
Our book lists 468 positions for IVV that do not appear in our book for EPSV (98.0% of the fund), and 45 for EPSV that do not appear in IVV (77.1%).
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 EPSV | Weight in IVV | Difference |
|---|---|---|---|
| JJacobs Engineering Group Inc. | 2.10% | 0.03% | 2.07% |
| CRLCharles River Laboratories International Inc | 2.00% | 0.02% | 1.98% |
| SNASnap-On Inc. | 1.70% | 0.03% | 1.67% |
| LHLabcorp Holdings Inc | 1.60% | 0.04% | 1.56% |
| ATOAtmos Energy Corp | 1.50% | 0.04% | 1.46% |
| MASMasco Corp. | 1.50% | 0.02% | 1.48% |
| HIIHuntington Ingalls Industries Inc. | 1.40% | 0.02% | 1.38% |
| AREAlexandria Real Estate Equities Inc. | 1.40% | 0.01% | 1.39% |
| SNPSSynopsys | 1.20% | 0.13% | 1.07% |
| CBRECbre Services Inc | 1.20% | 0.06% | 1.14% |
You are not choosing between two funds in isolation.
Whichever of EPSV and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EPSV or IVV?
EPSV has an expense ratio of 0.88% while IVV charges 0.03%. IVV is the cheaper option, by $85 a year on a $10,000 investment.
Which performed better, EPSV or IVV?
Over the past year EPSV returned +27.12% vs +15.62% for IVV, so EPSV leads on 1-year performance. Over the longest common window we track (1 years), EPSV annualized +32.85% vs +24.48% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPSV or IVV?
EPSV has been the more volatile fund at 14.4% annualized versus 12.2% for IVV. Worst drawdown: EPSV -8.9% vs IVV -8.9%.
Should I hold both EPSV and IVV?
EPSV and IVV have a monthly-return correlation of 0.66, 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 EPSV and IVV?
18.9% of EPSV's money is in holdings IVV also owns. 0.6% of IVV's is in holdings EPSV also owns. They hold 14 positions in common, counted across the 60 positions we hold weights for in EPSV and 490 in IVV.
Which pays a higher dividend, EPSV or IVV?
EPSV yields 2.28% while IVV yields 1.06%, so EPSV currently pays the higher dividend yield.
Is IVV better than EPSV?
IVV has a lower expense ratio. EPSV led over 1Y and the full window. EPSV is less concentrated, with 25.2% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.