IVV vs LBO
iShares Core S&P 500 ETF vs WHITEWOLF Publicly Listed Private Equity ETF
Which is better, IVV or LBO?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 69.4%.
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 | LBO |
|---|---|---|
| Expense Ratio | 0.03%Best | 6.53% |
| AUM | $882.6B | $6M |
| Dividend Yield | 1.06% | 5.83% |
| Holdings | 508 | 40 |
| YTD Return | +13.60%Best | -18.10% |
| 1Y Return | +16.32%Best | -17.15% |
| 3Y Return (annualized) | +23.81% | - |
| 5Y Return (annualized) | +14.03% | - |
| Volatility (annualized) | 11.6%Best | 19.7% |
| Max Drawdown | -18.8%Best | -32.9% |
| $10,000 over 2.8 years | $17,394Best | $9,466 |
| Top 10 Weight | 38.1%Best | 69.4% |
| Fund Family | iShares by BlackRock (US) | White Wolf Capital Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 30, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 30, 2023 to Oct 2, 2026 (2.8 years).
IVV vs LBO 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 2.8 years both funds cover.
IVV vs LBO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and WHITEWOLF Publicly Listed Private Equity ETF (LBO) is an ETF from White Wolf Capital Advisors. Over the past year IVV returned +16.32% while LBO returned -17.15%. Year to date, IVV is up 13.60% versus a loss of 18.10% for LBO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LBO has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 11.6% 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 -18.8% for IVV and -32.9% for LBO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while LBO charges 6.53%. On a $10,000 position that is $3 vs $653 annually, a gap of $650 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 5.83% for LBO.
Holdings Overlap
0.6% of IVV's money is in holdings LBO also owns. 35.4% of LBO's money is in holdings IVV also owns.
The two portfolios partly overlap.
5 positions in common, counted across the 505 positions we hold weights for in IVV and 38 in LBO, against full books of 508 and 40.
What only one of them owns
Our book lists 31 positions for LBO that do not appear in our book for IVV (57.7% of the fund), and 492 for IVV that do not appear in LBO (98.6%).
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.
35.4% of LBO 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 LBO?
IVV has an expense ratio of 0.03% while LBO charges 6.53%. IVV is the cheaper option, by $650 a year on a $10,000 investment.
Which performed better, IVV or LBO?
Over the past year IVV returned +16.32% vs -17.15% for LBO, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LBO?
LBO has been the more volatile fund at 19.7% annualized versus 11.6% for IVV. Worst drawdown: IVV -18.8% vs LBO -32.9%.
Should I hold both IVV and LBO?
IVV and LBO have a monthly-return correlation of 0.48, 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 IVV and LBO?
35.4% of LBO's money is in holdings IVV also owns. 35.4% of LBO's is in holdings IVV also owns. They hold 5 positions in common, counted across the 505 positions we hold weights for in IVV and 38 in LBO.
Which pays a higher dividend, IVV or LBO?
IVV yields 1.06% while LBO yields 5.83%, so LBO currently pays the higher dividend yield.
Is LBO better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 69.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.