IVV vs LGHT
iShares Core S&P 500 ETF vs Langar Global Healthtech ETF
Which is better, IVV or LGHT?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 75.5%.
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 | LGHT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.85% |
| AUM | $850.0B | $2M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 32 |
| Volatility (annualized) | 11.9%Best | 17.9% |
| Max Drawdown | -18.8%Best | -28.6% |
| $10,000 over 2.8 years | $16,402Best | $10,934 |
| Top 10 Weight | 38.8%Best | 75.5% |
| Fund Family | iShares by BlackRock (US) | Langar Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 10, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Nov 11, 2026 and LGHT through Oct 30, 2026.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 30, 2026 (2.8 years).
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.9% 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 -28.6% for LGHT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while LGHT charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for LGHT.
Holdings Overlap
0.7% of IVV's money is in holdings LGHT also owns. 71.6% of LGHT's money is in holdings IVV also owns.
Most of LGHT is already inside IVV. Owning both mostly buys the same companies twice.
10 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in LGHT, against full books of 1,018 and 32.
What only one of them owns
Our book lists 17 positions for LGHT that do not appear in our book for IVV (17.5% of the fund), and 489 for IVV that do not appear in LGHT (98.9%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LGHT | Difference |
|---|---|---|---|
| MRNAModerna Inc | 0.13% | 14.85% | 14.72% |
| VEEVVeeva Systems Inc | 0.07% | 9.35% | 9.28% |
| RMDResmed Inc. | 0.05% | 8.98% | 8.93% |
| IQVIqvia Holdings Inc. | 0.06% | 8.63% | 8.57% |
| ISRGIntuitive Surgical Inc | 0.22% | 8.10% | 7.88% |
| GEHCGe Healthcare Technologies Inc | 0.05% | 6.38% | 6.33% |
| DXCMDexcom Inc. | 0.05% | 5.67% | 5.62% |
| PODDInsulet Corp | 0.01% | 3.37% | 3.36% |
| ZBHZimmer Biomet Holdings | 0.03% | 3.15% | 3.12% |
| ALGNAlign Technology Inc. | 0.01% | 3.12% | 3.11% |
71.6% of LGHT 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 LGHT?
IVV has an expense ratio of 0.03% while LGHT charges 0.85%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which is riskier, IVV or LGHT?
LGHT has been the more volatile fund at 17.9% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs LGHT -28.6%.
Should I hold both IVV and LGHT?
IVV and LGHT have a monthly-return correlation of 0.38, 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 LGHT?
71.6% of LGHT's money is in holdings IVV also owns. 71.6% of LGHT's is in holdings IVV also owns. They hold 10 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in LGHT.
Which pays a higher dividend, IVV or LGHT?
IVV yields 1.09% while LGHT yields 0.00%, so IVV currently pays the higher dividend yield.
Is LGHT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.