IVV vs LOUP
iShares Core S&P 500 ETF vs Innovator Deepwater Frontier Tech ETF
Quick Verdict
IVV has a lower expense ratio. LOUP delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | LOUP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.70% | |
| AUM | $907.0B | $227M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 32 | |
| YTD Return | +12.28% | +16.38% | |
| 1Y Return | +20.94% | +45.05% | |
| 3Y Return (annualized) | +21.81% | +35.26% | |
| 5Y Return (annualized) | +13.05% | +12.70% | |
| Volatility (annualized) | 15.1% | 31.2% | |
| Max Drawdown | -56.5% | -58.7% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 24, 2018 |
IVV vs LOUP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Deepwater Frontier Tech ETF (LOUP) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +20.94% while LOUP returned +45.05%. Year to date, IVV is up 12.28% versus a gain of 16.38% for LOUP.
Over three years, IVV compounded at +21.81% per year against +35.26% for LOUP; over five years the annualized figures are +13.05% and +12.70% respectively. Across the full 8-year window we track, LOUP has the edge at +17.15% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LOUP has been the more volatile fund, with annualized monthly volatility of 31.2% compared with 15.1% 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 -58.7% for LOUP. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LOUP charges 0.70%. On a $10,000 position that is $3 vs $70 annually, a gap of $67 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for LOUP.
Holdings Overlap
IVV and LOUP share 10 holdings out of 525 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or LOUP?
IVV has an expense ratio of 0.03% while LOUP charges 0.70%. IVV is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, IVV or LOUP?
Over the past year IVV returned +20.94% vs +45.05% for LOUP, so LOUP leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +6.98% vs +17.15% for LOUP. Past performance does not guarantee future results.
Which is riskier, IVV or LOUP?
LOUP has been the more volatile fund at 31.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs LOUP -58.7%.
Should I hold both IVV and LOUP?
IVV and LOUP have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and LOUP?
IVV and LOUP share 10 common holdings with a 1.4% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, IVV or LOUP?
IVV yields 1.10% while LOUP yields 0.00%, so IVV currently pays the higher dividend yield.
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