IVV vs LGI
iShares Core S&P 500 ETF vs Lazard Global Total Return and Income Fund
Which is better, IVV or LGI?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | LGI |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.72% |
| AUM | $879.1B | $239M |
| Dividend Yield | 1.09% | 10.06% |
| Holdings | 509 | 79 |
| YTD Return | +11.33%Best | +3.00% |
| 1Y Return | +13.50%Best | +5.74% |
| 3Y Return (annualized) | +20.45%Best | +16.06% |
| 5Y Return (annualized) | +11.61%Best | +5.17% |
| Volatility (annualized) | 14.7%Best | 19.4% |
| Max Drawdown | -56.5%Best | -67.2% |
| $10,000 over 5 years | $17,319Best | $12,866 |
| Fund Family | iShares by BlackRock (US) | Lazard Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Apr 28, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 24, 2004 to Nov 13, 2026 (22.5 years).
IVV vs LGI 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 22.5 years both funds cover.
IVV vs LGI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Lazard Global Total Return and Income Fund (LGI) is an ETF from Lazard Asset Management. Over the past year IVV returned +13.50% while LGI returned +5.74%. Year to date, IVV is up 11.33% versus a gain of 3.00% for LGI.
Over three years, IVV compounded at +20.45% per year against +16.06% for LGI; over five years the annualized figures are +11.61% and +5.17% respectively. Across the full 23-year window we track, IVV has the edge at +9.34% annualized vs +1.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGI has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.7% 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 -56.5% for IVV and -67.2% for LGI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LGI charges 1.72%. On a $10,000 position that is $3 vs $172 annually, a gap of $169 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 10.06% for LGI.
Holdings Overlap
At least 27.6% of IVV's money is in holdings LGI also owns.
Stated as a floor: for LGI, our book for it covers 87.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and LGI share little of their money.
28 positions in common, counted across the 490 positions we hold weights for in IVV and 68 in LGI, against full books of 509 and 79.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LGI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.70% | 4.25% | 3.45% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.93% | 3.42% | 2.51% |
| AMZNAmazon.Com Inc | 3.61% | 2.89% | 0.72% |
| GOOGLAlphabet Inc | 2.51% | 1.75% | 0.76% |
| VVisa Inc | 1.08% | 2.07% | 0.99% |
| KLACKla Corp. | 0.32% | 2.73% | 2.41% |
| METAMeta Platform Inc | 2.08% | 0.82% | 1.26% |
| APHAmphenol Corp. Class A | 0.30% | 2.43% | 2.13% |
| SCHWCharles Schwab Corp. | 0.22% | 2.11% | 1.89% |
| TMOThermo Fisherscientific Inc. | 0.39% | 1.87% | 1.48% |
27.6% of IVV is already inside LGI.
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 LGI?
IVV has an expense ratio of 0.03% while LGI charges 1.72%. IVV is the cheaper option, by $169 a year on a $10,000 investment.
Which performed better, IVV or LGI?
Over the past year IVV returned +13.50% vs +5.74% for LGI, so IVV leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +9.34% vs +1.54% for LGI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LGI?
LGI has been the more volatile fund at 19.4% annualized versus 14.7% for IVV. Worst drawdown: IVV -56.5% vs LGI -67.2%.
Should I hold both IVV and LGI?
IVV and LGI have a monthly-return correlation of 0.85, 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 LGI?
At least 27.6% of IVV's money is in holdings LGI also owns. Our book for LGI is partial, so the real figure is this or higher. They hold 28 positions in common, counted across the 490 positions we hold weights for in IVV and 68 in LGI.
Which pays a higher dividend, IVV or LGI?
IVV yields 1.09% while LGI yields 10.06%, so LGI currently pays the higher dividend yield.
Is LGI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.