IVV vs LCOW

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVLCOWWinner
Expense Ratio0.03%0.49%
AUM$865.2B$26M
Dividend Yield1.09%0.63%
Holdings508103
YTD Return+13.80%+12.04%
1Y Return+23.70%+20.40%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%11.2%
Max Drawdown-56.5%-10.6%
Fund FamilyiShares by BlackRock (US)Pacer ETFs
CategoryEquityEquity
InceptionMay 15, 2000May 6, 2025

IVV vs LCOW Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW) is a ETF from Pacer ETFs. Over the past year IVV returned +23.70% while LCOW returned +20.40%. Year to date, IVV is up 13.80% versus a gain of 12.04% for LCOW.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.2% for LCOW. 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 -10.6% for LCOW. 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 0.96. 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 LCOW charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.63% for LCOW.

Holdings Overlap

12.4%overlap

IVV and LCOW share 9 holdings out of 505 unique holdings combined, representing a 12.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in LCOWDifference
AAPL7.44%5.37%2.07%
MSFT4.57%4.70%0.13%
AMAT0.69%2.38%1.69%
CSCOProProPro
AMGNProProPro
AXPProProPro
ADPProProPro
ADIProProPro
AZOProProPro
See all 9 holdings IVV shares with LCOW
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or LCOW?

IVV has an expense ratio of 0.03% while LCOW charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, IVV or LCOW?

Over the past year IVV returned +23.70% vs +20.40% for LCOW, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +26.40% for LCOW. Past performance does not guarantee future results.

Which is riskier, IVV or LCOW?

IVV has been the more volatile fund at 15.1% annualized versus 11.2% for LCOW. Worst drawdown: IVV -56.5% vs LCOW -10.6%.

Should I hold both IVV and LCOW?

IVV and LCOW have a monthly-return correlation of 0.96, 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 LCOW?

IVV and LCOW share 9 common holdings with a 12.4% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, IVV or LCOW?

IVV yields 1.09% while LCOW yields 0.63%, so IVV currently pays the higher dividend yield.

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