IVV vs LAZR
iShares Core S&P 500 ETF vs Tema Photonics & Optical ETF
Which is better, IVV or LAZR?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, LAZR over 1Y.
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 | LAZR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $850.0B | $145M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 58 |
| YTD Return | +12.12%Best | -37.29% |
| 1Y Return | +12.53% | +2566.39%Best |
| 3Y Return (annualized) | +21.54%Best | -11.21% |
| 5Y Return (annualized) | +11.93%Best | -36.20% |
| Volatility (annualized) | 14.9%Best | 11414.1% |
| Max Drawdown | -24.5% | - |
| $10,000 over 5 years | $17,568Best | $1,057 |
| Fund Family | iShares by BlackRock (US) | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 30, 2026 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Nov 11, 2026 (5.9 years).
IVV vs LAZR 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 5.9 years both funds cover.
IVV vs LAZR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Tema Photonics & Optical ETF (LAZR) is an ETF from Tema Global Limited. Over the past year IVV returned +12.53% while LAZR returned +2566.39%. Year to date, IVV is up 12.12% versus a loss of 37.29% for LAZR.
Over three years, IVV compounded at +21.54% per year against -11.21% for LAZR; over five years the annualized figures are +11.93% and -36.20% respectively. Across the full 6-year window we track, IVV has the edge at +14.59% annualized vs -33.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LAZR has been the more volatile fund, with annualized monthly volatility of 11414.1% compared with 14.9% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.07. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LAZR charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for LAZR.
Holdings Overlap
At least 0.3% of IVV's money is in holdings LAZR also owns.
Stated as a floor: for LAZR, our book for it covers 91.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 505 positions we hold weights for in IVV and 25 in LAZR, against full books of 1,018 and 58.
You are not choosing between two funds in isolation.
Whichever of IVV and LAZR 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, IVV or LAZR?
IVV has an expense ratio of 0.03% while LAZR charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or LAZR?
Over the past year IVV returned +12.53% vs +2566.39% for LAZR, so LAZR leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +14.59% vs -33.08% for LAZR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LAZR?
LAZR has been the more volatile fund at 11414.1% annualized versus 14.9% for IVV.
Should I hold both IVV and LAZR?
IVV and LAZR have a monthly-return correlation of -0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or LAZR?
IVV yields 1.09% while LAZR yields 0.00%, so IVV currently pays the higher dividend yield.
Is LAZR better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, LAZR over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.