IVV vs LKOR
iShares Core S&P 500 ETF vs Northern Trust Credit-Scored US Long Corporate Bond ETF
Which is better, IVV or LKOR?
Large Cap Blend against Long Term Mid Quality.
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 | LKOR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $34M |
| Dividend Yield | 1.06% | 5.90% |
| Holdings | 508 | 832 |
| YTD Return | +11.57%Best | -6.99% |
| 1Y Return | +17.57%Best | -8.38% |
| 3Y Return (annualized) | +20.71%Best | +2.49% |
| 5Y Return (annualized) | +12.80%Best | -4.28% |
| Volatility (annualized) | 15.2%Best | 27.8% |
| Max Drawdown | -33.9%Best | -42.4% |
| $10,000 over 5 years | $18,262Best | $8,036 |
| Fund Family | iShares by BlackRock (US) | Northern Trust Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term Mid Quality |
| Inception | May 15, 2000 | Sep 23, 2015 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 24, 2015 to Sep 10, 2026 (11 years).
IVV vs LKOR 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 11 years both funds cover.
IVV vs LKOR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Northern Trust Credit-Scored US Long Corporate Bond ETF (LKOR) is an ETF from Northern Trust Asset Management. Over the past year IVV returned +17.57% while LKOR returned -8.38%. Year to date, IVV is up 11.57% versus a loss of 6.99% for LKOR.
Over three years, IVV compounded at +20.71% per year against +2.49% for LKOR; over five years the annualized figures are +12.80% and -4.28% respectively. Across the full 11-year window we track, IVV has the edge at +14.02% annualized vs +1.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LKOR has been the more volatile fund, with annualized monthly volatility of 27.8% compared with 15.2% 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 -33.9% for IVV and -42.4% for LKOR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.11. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while LKOR charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 5.90% for LKOR.
Holdings Overlap
At least 0.6% of IVV's money is in holdings LKOR also owns.
Stated as a floor: for LKOR, our book for it covers 85.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 772 in LKOR, against full books of 508 and 832.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LKOR | Difference |
|---|---|---|---|
| LRCXLam Research Corpcommon Stock | 0.58% | 0.03% | 0.55% |
You are not choosing between two funds in isolation.
Whichever of IVV and LKOR 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 LKOR?
IVV has an expense ratio of 0.03% while LKOR charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or LKOR?
Over the past year IVV returned +17.57% vs -8.38% for LKOR, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +14.02% vs +1.99% for LKOR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LKOR?
LKOR has been the more volatile fund at 27.8% annualized versus 15.2% for IVV. Worst drawdown: IVV -33.9% vs LKOR -42.4%.
Should I hold both IVV and LKOR?
IVV and LKOR have a monthly-return correlation of 0.11, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or LKOR?
IVV yields 1.06% while LKOR yields 5.90%, so LKOR currently pays the higher dividend yield.
Is LKOR 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.