IVV vs LRGE
iShares Core S&P 500 ETF vs ClearBridge Large Cap Growth ESG ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | LRGE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.48% | |
| AUM | $907.0B | $389M | |
| Dividend Yield | 1.10% | 0.12% | |
| Holdings | 508 | 30 | |
| YTD Return | +13.51% | +9.00% | |
| 1Y Return | +20.65% | +10.85% | |
| 3Y Return (annualized) | +21.94% | +18.70% | |
| 5Y Return (annualized) | +12.95% | +9.53% | |
| Volatility (annualized) | 15.1% | 18.1% | |
| Max Drawdown | -56.5% | -37.0% | |
| Fund Family | iShares by BlackRock (US) | Franklin Templeton Investments (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 22, 2017 |
IVV vs LRGE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ClearBridge Large Cap Growth ESG ETF (LRGE) is a ETF from Franklin Templeton Investments (US). Over the past year IVV returned +20.65% while LRGE returned +10.85%. Year to date, IVV is up 13.51% versus a gain of 9.00% for LRGE.
Over three years, IVV compounded at +21.94% per year against +18.70% for LRGE; over five years the annualized figures are +12.95% and +9.53% respectively. Across the full 9-year window we track, LRGE has the edge at +15.42% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRGE has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -37.0% for LRGE. 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 0.94. 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 1.10% against 0.12% for LRGE.
Holdings Overlap
IVV and LRGE share 24 holdings out of 511 unique holdings combined, representing a 31.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $45 per year of difference.
Which performed better, IVV or LRGE?
Over the past year IVV returned +20.65% vs +10.85% for LRGE, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.02% vs +15.42% for LRGE. Past performance does not guarantee future results.
Which is riskier, IVV or LRGE?
LRGE has been the more volatile fund at 18.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and LRGE?
IVV and LRGE share 24 common holdings with a 31.6% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, IVV or LRGE?
IVV yields 1.10% while LRGE yields 0.12%, so IVV currently pays the higher dividend yield.
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