ISCV vs VOO
iShares Morningstar Small-Cap Value ETF vs Vanguard S&P 500 ETF
Which is better, ISCV or VOO?
Small Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ISCV is less concentrated, with 4.9% of the fund in its ten largest positions against 37.6%.
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 | ISCV | VOO |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $689M | $997.4B |
| Dividend Yield | 1.82% | 1.04% |
| Holdings | 1,057 | 509 |
| YTD Return | +13.17%Best | +12.37% |
| 1Y Return | +16.45% | +16.61%Best |
| 3Y Return (annualized) | +15.76% | +21.37%Best |
| 5Y Return (annualized) | +9.16% | +13.49%Best |
| Volatility (annualized) | 19.9% | 14.1%Best |
| Max Drawdown | -53.3% | -34.3%Best |
| $10,000 over 5 years | $15,499 | $18,827Best |
| Top 10 Weight | 4.9%Best | 37.6% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Jun 28, 2004 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 18, 2026 (16 years).
ISCV vs VOO 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 years both funds cover.
ISCV vs VOO Performance
iShares Morningstar Small-Cap Value ETF (ISCV) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ISCV returned +16.45% while VOO returned +16.61%. Year to date, ISCV is up 13.17% versus a gain of 12.37% for VOO.
Over three years, ISCV compounded at +15.76% per year against +21.37% for VOO; over five years the annualized figures are +9.16% and +13.49% respectively. Across the full 16-year window we track, VOO has the edge at +13.39% annualized vs +8.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ISCV has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 14.1% for VOO. 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 -53.3% for ISCV and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
ISCV charges 0.06% per year while VOO charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, ISCV currently yields 1.82% against 1.04% for VOO.
Holdings Overlap
15.4% of ISCV's money is in holdings VOO also owns. 1.0% of VOO's money is in holdings ISCV also owns.
ISCV and VOO share little of their money.
55 positions in common, counted across the 988 positions we hold weights for in ISCV and 494 in VOO, against full books of 1,057 and 509.
What only one of them owns
Our book lists 432 positions for VOO that do not appear in our book for ISCV (98.2% of the fund), and 898 for ISCV that do not appear in VOO (79.1%).
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 ISCV | Weight in VOO | Difference |
|---|---|---|---|
| GENGen Digital Inc | 0.54% | 0.02% | 0.52% |
| BBYBest Buy Co. Inc. | 0.50% | 0.03% | 0.47% |
| HSTHost Hotels & Resorts Inc | 0.47% | 0.02% | 0.45% |
| APAApa Corp | 0.46% | 0.02% | 0.44% |
| SWKStanley Black Decker Inc. | 0.46% | 0.02% | 0.44% |
| AIZAssurant, Inc. | 0.45% | 0.02% | 0.43% |
| CRLCharles River Laboratories International Inc | 0.44% | 0.02% | 0.42% |
| MKCMccormick & Co Inc. | 0.44% | 0.02% | 0.42% |
| SJMJ M Smucker Co/The | 0.44% | 0.02% | 0.42% |
| GLGlobe Life Inc. | 0.43% | 0.02% | 0.41% |
You are not choosing between two funds in isolation.
Whichever of ISCV and VOO 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, ISCV or VOO?
ISCV has an expense ratio of 0.06% while VOO charges 0.03%. VOO is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, ISCV or VOO?
Over the past year ISCV returned +16.45% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), ISCV annualized +8.53% vs +13.39% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ISCV or VOO?
ISCV has been the more volatile fund at 19.9% annualized versus 14.1% for VOO. Worst drawdown: ISCV -53.3% vs VOO -34.3%.
Should I hold both ISCV and VOO?
ISCV and VOO have a monthly-return correlation of 0.84, 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 ISCV and VOO?
15.4% of ISCV's money is in holdings VOO also owns. 1.0% of VOO's is in holdings ISCV also owns. They hold 55 positions in common, counted across the 988 positions we hold weights for in ISCV and 494 in VOO.
Which pays a higher dividend, ISCV or VOO?
ISCV yields 1.82% while VOO yields 1.04%, so ISCV currently pays the higher dividend yield.
Is VOO better than ISCV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ISCV is less concentrated, with 4.9% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.