HERD vs IVV
Pacer Cash Cows Fund of Funds ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. HERD delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HERD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.03% | |
| AUM | $98M | $865.2B | |
| Dividend Yield | 2.89% | 1.09% | |
| Holdings | 7 | 508 | |
| YTD Return | +18.27% | +13.43% | |
| 1Y Return | +31.88% | +22.61% | |
| 3Y Return (annualized) | +16.22% | +21.47% | |
| 5Y Return (annualized) | +10.95% | +13.26% | |
| Volatility (annualized) | 18.3% | 15.1% | |
| Max Drawdown | -39.4% | -56.5% | |
| Fund Family | Pacer ETFs | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 3, 2019 | May 15, 2000 |
HERD vs IVV Performance
Pacer Cash Cows Fund of Funds ETF (HERD) is a ETF from Pacer ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HERD returned +31.88% while IVV returned +22.61%. Year to date, HERD is up 18.27% versus a gain of 13.43% for IVV.
Over three years, HERD compounded at +16.22% per year against +21.47% for IVV; over five years the annualized figures are +10.95% and +13.26% respectively. Across the full 7-year window we track, HERD has the edge at +13.48% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HERD has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 15.1% 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 -39.4% for HERD 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HERD charges 0.74% per year while IVV charges 0.03%. On a $10,000 position that is $74 vs $3 annually, a gap of $71 per year that compounds over a long holding period. On income, HERD currently yields 2.89% against 1.09% for IVV.
Holdings Overlap
HERD and IVV share 0 holdings out of 511 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HERD or IVV?
HERD has an expense ratio of 0.74% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, HERD or IVV?
Over the past year HERD returned +31.88% vs +22.61% for IVV, so HERD leads on 1-year performance. Over the longest common window we track (7 years), HERD annualized +13.48% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, HERD or IVV?
HERD has been the more volatile fund at 18.3% annualized versus 15.1% for IVV. Worst drawdown: HERD -39.4% vs IVV -56.5%.
Should I hold both HERD and IVV?
HERD and IVV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HERD and IVV?
HERD and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, HERD or IVV?
HERD yields 2.89% while IVV yields 1.09%, so HERD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.