IVV vs LRGE
iShares Core S&P 500 ETF vs ClearBridge Large Cap Growth ESG ETF
Which is better, IVV or LRGE?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, LRGE over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.6%.
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 | LRGE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.48% |
| AUM | $876.4B | $377M |
| Dividend Yield | 1.06% | 0.12% |
| Holdings | 508 | 32 |
| YTD Return | +11.03%Best | +6.77% |
| 1Y Return | +15.62%Best | +7.06% |
| 3Y Return (annualized) | +20.81%Best | +18.00% |
| 5Y Return (annualized) | +12.61%Best | +9.01% |
| Volatility (annualized) | 15.9%Best | 18.0% |
| Max Drawdown | -33.9%Best | -37.0% |
| $10,000 over 5 years | $18,109Best | $15,393 |
| Top 10 Weight | 37.8%Best | 59.6% |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: May 25, 2017 to Sep 16, 2026 (9.3 years).
IVV vs LRGE 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 9.3 years both funds cover.
IVV vs LRGE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ClearBridge Large Cap Growth ESG ETF (LRGE) is an ETF from Franklin Templeton Investments (US). Over the past year IVV returned +15.62% while LRGE returned +7.06%. Year to date, IVV is up 11.03% versus a gain of 6.77% for LRGE.
Over three years, IVV compounded at +20.81% per year against +18.00% for LRGE; over five years the annualized figures are +12.61% and +9.01% respectively. Across the full 9-year window we track, LRGE has the edge at +15.07% annualized vs +13.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRGE has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.9% 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 -37.0% for LRGE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 LRGE charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.12% for LRGE.
Holdings Overlap
31.9% of IVV's money is in holdings LRGE also owns. 87.7% of LRGE's money is in holdings IVV also owns.
Most of LRGE is already inside IVV. Owning both mostly buys the same companies twice.
25 positions in common, counted across the 490 positions we hold weights for in IVV and 31 in LRGE, against full books of 508 and 32.
What only one of them owns
Our book lists 3 positions for LRGE that do not appear in our book for IVV (5.2% of the fund), and 457 for IVV that do not appear in LRGE (66.8%).
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 LRGE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 17.22% | 9.15% |
| AAPLApple, Inc | 7.02% | 6.99% | 0.03% |
| AMZNAmazon.Com Inc | 3.84% | 4.99% | 1.15% |
| METAMeta Platforms Inc | 1.90% | 6.11% | 4.21% |
| GOOGLAlphabet Inc,class A | 3.00% | 4.24% | 1.24% |
| VVisa Inc Class A | 0.95% | 4.61% | 3.66% |
| PANWPalo Alto Networks, Inc | 0.47% | 4.96% | 4.49% |
| MUMicron Technology, Inc. | 1.63% | 3.64% | 2.01% |
| TSLATesla Inc | 1.56% | 3.52% | 1.96% |
| NFLXNetflix, Inc. | 0.51% | 3.09% | 2.58% |
87.7% of LRGE 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 LRGE?
IVV has an expense ratio of 0.03% while LRGE charges 0.48%. IVV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, IVV or LRGE?
Over the past year IVV returned +15.62% vs +7.06% for LRGE, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +13.91% vs +15.07% for LRGE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LRGE?
LRGE has been the more volatile fund at 18.0% annualized versus 15.9% for IVV. Worst drawdown: IVV -33.9% vs LRGE -37.0%.
Should I hold both IVV and LRGE?
IVV and LRGE have a monthly-return correlation of 0.94, 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 LRGE?
87.7% of LRGE's money is in holdings IVV also owns. 87.7% of LRGE's is in holdings IVV also owns. They hold 25 positions in common, counted across the 490 positions we hold weights for in IVV and 31 in LRGE.
Which pays a higher dividend, IVV or LRGE?
IVV yields 1.06% while LRGE yields 0.12%, so IVV currently pays the higher dividend yield.
Is LRGE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and 5Y, LRGE over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.