IVV vs JULZ
iShares Core S&P 500 ETF vs TrueShares Structured Outcome (July) ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | JULZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $36M | |
| Dividend Yield | 1.09% | 5.65% | |
| Holdings | 508 | 7 | |
| YTD Return | +13.80% | +10.39% | |
| 1Y Return | +23.01% | +4.60% | |
| 3Y Return (annualized) | +21.77% | +11.86% | |
| 5Y Return (annualized) | +13.39% | +8.34% | |
| Volatility (annualized) | 15.1% | 12.5% | |
| Max Drawdown | -56.5% | -17.4% | |
| Fund Family | iShares by BlackRock (US) | TrueShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 30, 2020 |
IVV vs JULZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and TrueShares Structured Outcome (July) ETF (JULZ) is a ETF from TrueShares. Over the past year IVV returned +23.01% while JULZ returned +4.60%. Year to date, IVV is up 13.80% versus a gain of 10.39% for JULZ.
Over three years, IVV compounded at +21.77% per year against +11.86% for JULZ; over five years the annualized figures are +13.39% and +8.34% respectively. Across the full 6-year window we track, JULZ has the edge at +11.88% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.5% for JULZ. 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 -17.4% for JULZ. 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 0.92. 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 JULZ charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 5.65% for JULZ.
Holdings Overlap
IVV and JULZ share 0 holdings out of 507 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, IVV or JULZ?
IVV has an expense ratio of 0.03% while JULZ charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or JULZ?
Over the past year IVV returned +23.01% vs +4.60% for JULZ, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.04% vs +11.88% for JULZ. Past performance does not guarantee future results.
Which is riskier, IVV or JULZ?
IVV has been the more volatile fund at 15.1% annualized versus 12.5% for JULZ. Worst drawdown: IVV -56.5% vs JULZ -17.4%.
Should I hold both IVV and JULZ?
IVV and JULZ have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and JULZ?
IVV and JULZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or JULZ?
IVV yields 1.09% while JULZ yields 5.65%, so JULZ currently pays the higher dividend yield.
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