IVV vs LRGC
iShares Core S&P 500 ETF vs AB US Large Cap Strategic Equities ETF
Which is better, IVV or LRGC?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 44.1%.
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 | LRGC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $876.4B | $1.3B |
| Dividend Yield | 1.06% | 0.52% |
| Holdings | 508 | 74 |
| YTD Return | +12.39%Best | +9.65% |
| 1Y Return | +16.61%Best | +12.04% |
| 3Y Return (annualized) | +21.38%Best | +20.41% |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.5%Best | 12.7% |
| Max Drawdown | -18.8%Best | -19.4% |
| $10,000 over 3 years | $18,060Best | $17,458 |
| Top 10 Weight | 37.8%Best | 44.1% |
| Fund Family | iShares by BlackRock (US) | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Sep 20, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 20, 2023 to Sep 18, 2026 (3 years).
IVV vs LRGC 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 3 years both funds cover.
IVV vs LRGC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AB US Large Cap Strategic Equities ETF (LRGC) is an ETF from AllianceBernstein L.P.. Over the past year IVV returned +16.61% while LRGC returned +12.04%. Year to date, IVV is up 12.39% versus a gain of 9.65% for LRGC.
Over three years, IVV compounded at +21.38% per year against +20.41% for LRGC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRGC has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 12.5% 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 -18.8% for IVV and -19.4% for LRGC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while LRGC charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.52% for LRGC.
Holdings Overlap
48.8% of IVV's money is in holdings LRGC also owns. 91.2% of LRGC's money is in holdings IVV also owns.
Most of LRGC is already inside IVV. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 490 positions we hold weights for in IVV and 69 in LRGC, against full books of 508 and 74.
What only one of them owns
Our book lists 7 positions for LRGC that do not appear in our book for IVV (4.9% of the fund), and 424 for IVV that do not appear in LRGC (49.9%).
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 LRGC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 8.09% | 0.02% |
| AAPLApple, Inc | 7.02% | 5.47% | 1.55% |
| MSFTMicrosoft Corp | 5.69% | 6.60% | 0.91% |
| AMZNAmazon.Com Inc | 3.84% | 4.97% | 1.13% |
| GOOGAlphabet Inc | 2.39% | 6.04% | 3.65% |
| AVGOBroadcom Inc | 2.65% | 3.15% | 0.50% |
| METAMeta Platforms Inc | 1.90% | 2.84% | 0.94% |
| VVisa Inc Class A | 0.95% | 3.32% | 2.37% |
| XOMExxon Mobil Corp. | 1.01% | 1.53% | 0.52% |
| BACBank of America Corp.: Financials | 0.61% | 1.71% | 1.10% |
91.2% of LRGC 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 LRGC?
IVV has an expense ratio of 0.03% while LRGC charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or LRGC?
Over the past year IVV returned +16.61% vs +12.04% for LRGC, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LRGC?
LRGC has been the more volatile fund at 12.7% annualized versus 12.5% for IVV. Worst drawdown: IVV -18.8% vs LRGC -19.4%.
Should I hold both IVV and LRGC?
IVV and LRGC have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and LRGC?
91.2% of LRGC's money is in holdings IVV also owns. 91.2% of LRGC's is in holdings IVV also owns. They hold 58 positions in common, counted across the 490 positions we hold weights for in IVV and 69 in LRGC.
Which pays a higher dividend, IVV or LRGC?
IVV yields 1.06% while LRGC yields 0.52%, so IVV currently pays the higher dividend yield.
Is LRGC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 44.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.