IVV vs LOUP
iShares Core S&P 500 ETF vs Innovator Deepwater Frontier Tech ETF
Which is better, IVV or LOUP?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 5Y, LOUP over 1Y, 3Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 39.3%.
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 | LOUP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.70% |
| AUM | $882.6B | $216M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 96 |
| YTD Return | +13.60% | +16.80%Best |
| 1Y Return | +16.32% | +19.05%Best |
| 3Y Return (annualized) | +23.81% | +38.16%Best |
| 5Y Return (annualized) | +14.03%Best | +12.91% |
| Volatility (annualized) | 16.6%Best | 30.9% |
| Max Drawdown | -33.9%Best | -58.7% |
| $10,000 over 5 years | $19,279Best | $18,351 |
| Top 10 Weight | 38.1%Best | 39.3% |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Jul 24, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Jul 25, 2018 to Oct 2, 2026 (8.2 years).
IVV vs LOUP 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 8.2 years both funds cover.
IVV vs LOUP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Innovator Deepwater Frontier Tech ETF (LOUP) is an ETF from Innovator ETFs Trust. Over the past year IVV returned +16.32% while LOUP returned +19.05%. Year to date, IVV is up 13.60% versus a gain of 16.80% for LOUP.
Over three years, IVV compounded at +23.81% per year against +38.16% for LOUP; over five years the annualized figures are +14.03% and +12.91% respectively. Across the full 8-year window we track, LOUP has the edge at +16.94% annualized vs +14.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LOUP has been the more volatile fund, with annualized monthly volatility of 30.9% compared with 16.6% 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 -58.7% for LOUP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 0.00% for LOUP.
Holdings Overlap
1.9% of IVV's money is in holdings LOUP also owns. 35.2% of LOUP's money is in holdings IVV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 505 positions we hold weights for in IVV and 30 in LOUP, against full books of 508 and 96.
What only one of them owns
Our book lists 9 positions for LOUP that do not appear in our book for IVV (31.6% of the fund), and 486 for IVV that do not appear in LOUP (97.4%).
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 LOUP | Difference |
|---|---|---|---|
| MRVLMarvell Technology Group Ltd. | 0.31% | 3.78% | 3.47% |
| LRCXLam Research Corp | 0.56% | 3.25% | 2.69% |
| NOWServicenow, Inc | 0.21% | 3.47% | 3.26% |
| VSTVistra Energy Corp. | 0.07% | 3.47% | 3.40% |
| RDDTReddit Inc-Cl A | 0.03% | 3.32% | 3.29% |
| SNPSSynopsys | 0.12% | 3.22% | 3.10% |
| ISRGIntuitive Surgical Inc. | 0.20% | 3.13% | 2.93% |
| VRTVertiv Co. | 0.15% | 3.18% | 3.03% |
| DDOGDatadog Inc | 0.11% | 2.83% | 2.72% |
| TTWOTake-Two Interactive Software, Inc. | 0.06% | 2.84% | 2.78% |
35.2% of LOUP 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 LOUP?
IVV has an expense ratio of 0.03% while LOUP charges 0.70%. IVV is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, IVV or LOUP?
Over the past year IVV returned +16.32% vs +19.05% for LOUP, so LOUP leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.01% vs +16.94% for LOUP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LOUP?
LOUP has been the more volatile fund at 30.9% annualized versus 16.6% for IVV. Worst drawdown: IVV -33.9% vs LOUP -58.7%.
Should I hold both IVV and LOUP?
IVV and LOUP have a monthly-return correlation of 0.81, 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 LOUP?
35.2% of LOUP's money is in holdings IVV also owns. 35.2% of LOUP's is in holdings IVV also owns. They hold 11 positions in common, counted across the 505 positions we hold weights for in IVV and 30 in LOUP.
Which pays a higher dividend, IVV or LOUP?
IVV yields 1.06% while LOUP yields 0.00%, so IVV currently pays the higher dividend yield.
Is LOUP better than IVV?
IVV has a lower expense ratio. IVV led over 5Y, LOUP over 1Y, 3Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 39.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.