IVV vs LPRE
iShares Core S&P 500 ETF vs Long Pond Real Estate Select ETF
Which is better, IVV or LPRE?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.5%.
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 | LPRE |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $886.7B | $181M |
| Dividend Yield | 1.10% | 1.11% |
| Holdings | 508 | 26 |
| YTD Return | +12.70%Best | +7.83% |
| 1Y Return | +19.36%Best | +8.00% |
| 3Y Return (annualized) | +21.16% | - |
| 5Y Return (annualized) | +12.75% | - |
| Volatility (annualized) | 12.1%Best | 13.2% |
| Max Drawdown | -8.9%Best | -10.6% |
| $10,000 over 1.4 years | $15,247Best | $12,446 |
| Top 10 Weight | 37.9%Best | 61.5% |
| Fund Family | iShares by BlackRock (US) | Long Pond Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 4, 2025 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 4, 2025 to Sep 8, 2026 (1.4 years).
IVV vs LPRE 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 1.4 years both funds cover.
IVV vs LPRE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Long Pond Real Estate Select ETF (LPRE) is an ETF from Long Pond Capital. Over the past year IVV returned +19.36% while LPRE returned +8.00%. Year to date, IVV is up 12.70% versus a gain of 7.83% for LPRE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LPRE has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 12.1% 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 -8.9% for IVV and -10.6% for LPRE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while LPRE charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.11% for LPRE.
Holdings Overlap
0.8% of IVV's money is in holdings LPRE also owns. 46.3% of LPRE's money is in holdings IVV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 504 positions we hold weights for in IVV and 23 in LPRE, against full books of 508 and 26.
What only one of them owns
Our book lists 9 positions for LPRE that do not appear in our book for IVV (41.7% of the fund), and 482 for IVV that do not appear in LPRE (98.4%).
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 LPRE | Difference |
|---|---|---|---|
| SBACSba Communications Corp. | 0.03% | 7.46% | 7.43% |
| DHID.r. Horton, Inc. | 0.06% | 6.75% | 6.69% |
| UDRUdr Inc (udr Un) | 0.02% | 6.49% | 6.47% |
| MAAMid-america Apartment Communities Inc. | 0.02% | 6.21% | 6.19% |
| INVHInvitation Homes Inc | 0.03% | 3.97% | 3.94% |
| HLTHilton Worldwide Holdings, Inc. | 0.11% | 3.37% | 3.26% |
| PLDPrologis Inc | 0.20% | 3.09% | 2.89% |
| WYNNWynn Resorts Ltd. | 0.01% | 3.09% | 3.08% |
| CPTCamden Property Trust Common Stock | 0.02% | 2.94% | 2.92% |
| EQIXEquinix Inc - Common | 0.16% | 1.56% | 1.40% |
46.3% of LPRE 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 LPRE?
IVV has an expense ratio of 0.03% while LPRE charges 1.00%. IVV is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, IVV or LPRE?
Over the past year IVV returned +19.36% vs +8.00% for LPRE, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +35.16% vs +16.92% for LPRE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LPRE?
LPRE has been the more volatile fund at 13.2% annualized versus 12.1% for IVV. Worst drawdown: IVV -8.9% vs LPRE -10.6%.
Should I hold both IVV and LPRE?
IVV and LPRE have a monthly-return correlation of 0.61, 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 LPRE?
46.3% of LPRE's money is in holdings IVV also owns. 46.3% of LPRE's is in holdings IVV also owns. They hold 11 positions in common, counted across the 504 positions we hold weights for in IVV and 23 in LPRE.
Which pays a higher dividend, IVV or LPRE?
IVV yields 1.10% while LPRE yields 1.11%, so LPRE currently pays the higher dividend yield.
Is LPRE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.