EUSA vs IVV
iShares MSCI USA Equal Weighted ETF vs iShares Core S&P 500 ETF
Which is better, EUSA 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 0.95. EUSA is less concentrated, with 2.3% 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 | EUSA | IVV |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $1.9B | $876.4B |
| Dividend Yield | 1.42% | 1.06% |
| Holdings | 534 | 508 |
| YTD Return | +9.51% | +11.03%Best |
| 1Y Return | +12.25% | +15.62%Best |
| 3Y Return (annualized) | +15.11% | +20.81%Best |
| 5Y Return (annualized) | +7.19% | +12.61%Best |
| Volatility (annualized) | 15.4% | 14.3%Best |
| Max Drawdown | -39.2% | -33.9%Best |
| $10,000 over 5 years | $14,150 | $18,109Best |
| Top 10 Weight | 2.3%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 5, 2010 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 7, 2010 to Sep 16, 2026 (16.4 years).
EUSA 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 16.4 years both funds cover.
EUSA vs IVV Performance
iShares MSCI USA Equal Weighted ETF (EUSA) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EUSA returned +12.25% while IVV returned +15.62%. Year to date, EUSA is up 9.51% versus a gain of 11.03% for IVV.
Over three years, EUSA compounded at +15.11% per year against +20.81% for IVV; over five years the annualized figures are +7.19% and +12.61% respectively. Across the full 16-year window we track, IVV has the edge at +12.96% annualized vs +10.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EUSA has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 14.3% 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 -39.2% for EUSA 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EUSA charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, EUSA currently yields 1.42% against 1.06% for IVV.
Holdings Overlap
79.1% of EUSA's money is in holdings IVV also owns. 94.4% of IVV's money is in holdings EUSA also owns.
Most of IVV is already inside EUSA. Owning both mostly buys the same companies twice.
408 positions in common, counted across the 495 positions we hold weights for in EUSA and 490 in IVV, against full books of 534 and 508.
What only one of them owns
Our book lists 76 positions for IVV that do not appear in our book for EUSA (4.3% of the fund), and 75 for EUSA that do not appear in IVV (14.3%).
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 EUSA | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.20% | 8.07% | 7.87% |
| AAPLApple, Inc | 0.20% | 7.02% | 6.82% |
| MSFTMicrosoft Corp | 0.21% | 5.69% | 5.48% |
| AMZNAmazon.Com Inc | 0.19% | 3.84% | 3.65% |
| GOOGLAlphabet Inc,class A | 0.11% | 3.00% | 2.89% |
| AVGOBroadcom Inc | 0.20% | 2.65% | 2.45% |
| GOOGAlphabet Inc | 0.09% | 2.39% | 2.30% |
| METAMeta Platforms Inc | 0.21% | 1.90% | 1.69% |
| MUMicron Technology, Inc. | 0.20% | 1.63% | 1.43% |
| TSLATesla Inc | 0.21% | 1.56% | 1.35% |
94.4% of IVV is already inside EUSA.
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, EUSA or IVV?
EUSA has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, EUSA or IVV?
Over the past year EUSA returned +12.25% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), EUSA annualized +10.62% vs +12.96% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EUSA or IVV?
EUSA has been the more volatile fund at 15.4% annualized versus 14.3% for IVV. Worst drawdown: EUSA -39.2% vs IVV -33.9%.
Should I hold both EUSA and IVV?
EUSA and IVV have a monthly-return correlation of 0.95, 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 EUSA and IVV?
94.4% of IVV's money is in holdings EUSA also owns. 94.4% of IVV's is in holdings EUSA also owns. They hold 408 positions in common, counted across the 495 positions we hold weights for in EUSA and 490 in IVV.
Which pays a higher dividend, EUSA or IVV?
EUSA yields 1.42% while IVV yields 1.06%, so EUSA currently pays the higher dividend yield.
Is IVV better than EUSA?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. EUSA is less concentrated, with 2.3% 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.