IVV vs IYC
iShares Core S&P 500 ETF vs iShares U.S. Consumer Discretionary ETF
Which is better, IVV or IYC?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, IYC over the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 50.9%.
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 | IVV | IYC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.38% |
| AUM | $876.4B | $1.2B |
| Dividend Yield | 1.06% | 0.51% |
| Holdings | 508 | 162 |
| YTD Return | +11.03%Best | -5.77% |
| 1Y Return | +15.62%Best | -8.42% |
| 3Y Return (annualized) | +20.81%Best | +11.99% |
| 5Y Return (annualized) | +12.61%Best | +4.53% |
| Volatility (annualized) | 15.1%Best | 17.5% |
| Max Drawdown | -56.5% | -54.0%Best |
| $10,000 over 5 years | $18,109Best | $12,480 |
| Top 10 Weight | 37.8%Best | 50.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 12, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 28, 2000 to Sep 16, 2026 (26.2 years).
IVV vs IYC 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 26.2 years both funds cover.
IVV vs IYC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares U.S. Consumer Discretionary ETF (IYC) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +15.62% while IYC returned -8.42%. Year to date, IVV is up 11.03% versus a loss of 5.77% for IYC.
Over three years, IVV compounded at +20.81% per year against +11.99% for IYC; over five years the annualized figures are +12.61% and +4.53% respectively. Across the full 26-year window we track, IYC has the edge at +7.51% annualized vs +6.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYC has been the more volatile fund, with annualized monthly volatility of 17.5% 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 -56.5% for IVV and -54.0% for IYC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while IYC charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.51% for IYC.
Holdings Overlap
12.1% of IVV's money is in holdings IYC also owns. 85.8% of IYC's money is in holdings IVV also owns.
Most of IYC is already inside IVV. Owning both mostly buys the same companies twice.
67 positions in common, counted across the 490 positions we hold weights for in IVV and 157 in IYC, against full books of 508 and 162.
What only one of them owns
Our book lists 85 positions for IYC that do not appear in our book for IVV (13.5% of the fund), and 415 for IVV that do not appear in IYC (86.6%).
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 IVV | Weight in IYC | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.84% | 15.43% | 11.59% |
| TSLATesla Inc | 1.56% | 7.75% | 6.19% |
| COSTCostco Wholesale Corp. | 0.63% | 4.16% | 3.53% |
| NFLXNetflix, Inc. | 0.51% | 4.20% | 3.69% |
| WMTWalmart, Inc. | 0.69% | 3.99% | 3.30% |
| HDHome Depot Inc/The | 0.49% | 4.00% | 3.51% |
| DISWalt Disney Co | 0.28% | 3.19% | 2.91% |
| MCDMcdonald'S Corp | 0.28% | 3.13% | 2.85% |
| BKNGBooking Holdings, Inc. | 0.23% | 2.57% | 2.34% |
| UBERUber Technologies Inc | 0.23% | 2.48% | 2.25% |
85.8% of IYC 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, IVV or IYC?
IVV has an expense ratio of 0.03% while IYC charges 0.38%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IVV or IYC?
Over the past year IVV returned +15.62% vs -8.42% for IYC, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.80% vs +7.51% for IYC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or IYC?
IYC has been the more volatile fund at 17.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs IYC -54.0%.
Should I hold both IVV and IYC?
IVV and IYC have a monthly-return correlation of 0.91, 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 IVV and IYC?
85.8% of IYC's money is in holdings IVV also owns. 85.8% of IYC's is in holdings IVV also owns. They hold 67 positions in common, counted across the 490 positions we hold weights for in IVV and 157 in IYC.
Which pays a higher dividend, IVV or IYC?
IVV yields 1.06% while IYC yields 0.51%, so IVV currently pays the higher dividend yield.
Is IYC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, IYC over the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.