IVV vs LCF
iShares Core S&P 500 ETF vs Touchstone US Large Cap Focused ETF
Which is better, IVV or LCF?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 55.0%.
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 | LCF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.56% |
| AUM | $876.4B | $69M |
| Dividend Yield | 1.06% | 0.50% |
| Holdings | 508 | 46 |
| YTD Return | +12.39%Best | +8.82% |
| 1Y Return | +16.61%Best | +11.08% |
| 3Y Return (annualized) | +21.38%Best | +17.60% |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 14.3% | 14.0%Best |
| Max Drawdown | -18.8% | -18.3%Best |
| $10,000 over 4.1 years | $19,480Best | $18,183 |
| Top 10 Weight | 37.8%Best | 55.0% |
| Fund Family | iShares by BlackRock (US) | Touchstone Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jul 27, 2022 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Jul 29, 2022 to Sep 18, 2026 (4.1 years).
IVV vs LCF 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 4.1 years both funds cover.
IVV vs LCF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Touchstone US Large Cap Focused ETF (LCF) is an ETF from Touchstone Investments. Over the past year IVV returned +16.61% while LCF returned +11.08%. Year to date, IVV is up 12.39% versus a gain of 8.82% for LCF.
Over three years, IVV compounded at +21.38% per year against +17.60% for LCF. Across the full 4-year window we track, IVV has the edge at +17.66% annualized vs +15.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 14.0% for LCF. 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 -18.3% for LCF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. 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 LCF charges 0.56%. On a $10,000 position that is $3 vs $56 annually, a gap of $53 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.50% for LCF.
Holdings Overlap
42.7% of IVV's money is in holdings LCF also owns. 91.2% of LCF's money is in holdings IVV also owns.
Most of LCF is already inside IVV. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 490 positions we hold weights for in IVV and 45 in LCF, against full books of 508 and 46.
What only one of them owns
Measured across the 490 and 45 positions we hold weights for.
IVV holds 443 positions LCF does not, 56.0% of the fund.
Largest: GOOGL 3.00%, MU 1.63%, TSLA 1.56%, JPM 1.44%, LLY 1.38%
Top Shared Holdings
| Stock | Weight in IVV | Weight in LCF | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 7.71% | 0.36% |
| AAPLApple, Inc | 7.02% | 7.92% | 0.90% |
| MSFTMicrosoft Corp | 5.69% | 8.99% | 3.30% |
| GOOGAlphabet Inc | 2.39% | 8.32% | 5.93% |
| AMZNAmazon.Com Inc | 3.84% | 5.72% | 1.88% |
| METAMeta Platforms Inc | 1.90% | 5.39% | 3.49% |
| AVGOBroadcom Inc | 2.65% | 2.21% | 0.44% |
| BACBank of America Corp.: Financials | 0.61% | 3.34% | 2.73% |
| XOMExxon Mobil Corp. | 1.01% | 2.47% | 1.46% |
| VVisa Inc Class A | 0.95% | 2.26% | 1.31% |
91.2% of LCF 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 LCF?
IVV has an expense ratio of 0.03% while LCF charges 0.56%. IVV is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, IVV or LCF?
Over the past year IVV returned +16.61% vs +11.08% for LCF, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +17.66% vs +15.70% for LCF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LCF?
IVV has been the more volatile fund at 14.3% annualized versus 14.0% for LCF. Worst drawdown: IVV -18.8% vs LCF -18.3%.
Should I hold both IVV and LCF?
IVV and LCF have a monthly-return correlation of 0.97, 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 LCF?
91.2% of LCF's money is in holdings IVV also owns. 91.2% of LCF's is in holdings IVV also owns. They hold 39 positions in common, counted across the 490 positions we hold weights for in IVV and 45 in LCF.
Which pays a higher dividend, IVV or LCF?
IVV yields 1.06% while LCF yields 0.50%, so IVV currently pays the higher dividend yield.
Is LCF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 55.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.