IVV vs LCTD
iShares Core S&P 500 ETF vs iShares World ex US Carbon Transition Readiness Aware Active ETF
Which is better, IVV or LCTD?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LCTD is less concentrated, with 15.2% of the fund in its ten largest positions against 37.9%.
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 | LCTD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.22% |
| AUM | $886.7B | $297M |
| Dividend Yield | 1.10% | 3.30% |
| Holdings | 508 | 365 |
| YTD Return | +13.86%Best | +11.39% |
| 1Y Return | +21.57%Best | +20.89% |
| 3Y Return (annualized) | +21.48%Best | +17.44% |
| 5Y Return (annualized) | +12.88%Best | +7.71% |
| Volatility (annualized) | 15.3% | 15.1%Best |
| Max Drawdown | -24.5%Best | -29.8% |
| $10,000 over 5 years | $18,327Best | $14,497 |
| Top 10 Weight | 37.9% | 15.2%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 6, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2021 to Sep 3, 2026 (5.4 years).
IVV vs LCTD 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 5.4 years both funds cover.
IVV vs LCTD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares World ex US Carbon Transition Readiness Aware Active ETF (LCTD) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +21.57% while LCTD returned +20.89%. Year to date, IVV is up 13.86% versus a gain of 11.39% for LCTD.
Over three years, IVV compounded at +21.48% per year against +17.44% for LCTD; over five years the annualized figures are +12.88% and +7.71% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.1% for LCTD. 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 -24.5% for IVV and -29.8% for LCTD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LCTD charges 0.22%. On a $10,000 position that is $3 vs $22 annually, a gap of $19 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 3.30% for LCTD.
Holdings Overlap
0.3% of IVV's money is in holdings LCTD also owns. 2.5% of LCTD's money is in holdings IVV also owns.
LCTD and IVV share little of their money.
4 positions in common, counted across the 505 positions we hold weights for in IVV and 347 in LCTD, against full books of 508 and 365.
What only one of them owns
Our book lists 6 positions for LCTD that do not appear in our book for IVV (1.8% of the fund), and 493 for IVV that do not appear in LCTD (99.0%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and LCTD 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 LCTD?
IVV has an expense ratio of 0.03% while LCTD charges 0.22%. IVV is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, IVV or LCTD?
Over the past year IVV returned +21.57% vs +20.89% for LCTD, 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 LCTD?
IVV has been the more volatile fund at 15.3% annualized versus 15.1% for LCTD. Worst drawdown: IVV -24.5% vs LCTD -29.8%.
Should I hold both IVV and LCTD?
IVV and LCTD have a monthly-return correlation of 0.79, 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 LCTD?
2.5% of LCTD's money is in holdings IVV also owns. 2.5% of LCTD's is in holdings IVV also owns. They hold 4 positions in common, counted across the 505 positions we hold weights for in IVV and 347 in LCTD.
Which pays a higher dividend, IVV or LCTD?
IVV yields 1.10% while LCTD yields 3.30%, so LCTD currently pays the higher dividend yield.
Is LCTD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LCTD is less concentrated, with 15.2% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.