IVV vs LRND
iShares Core S&P 500 ETF vs NYLIM US Large Cap R&D Leaders ETF
Which is better, IVV or LRND?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and 3Y, LRND over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 69.7%.
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 | LRND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.14% |
| AUM | $879.1B | $431M |
| Dividend Yield | 1.09% | 0.33% |
| Holdings | 509 | 333 |
| YTD Return | +11.33%Best | +8.53% |
| 1Y Return | +13.50%Best | +10.00% |
| 3Y Return (annualized) | +20.45%Best | +19.72% |
| 5Y Return (annualized) | +11.61% | - |
| Volatility (annualized) | 15.4%Best | 18.1% |
| Max Drawdown | -22.1%Best | -25.4% |
| $10,000 over 4.8 years | $17,964 | $18,520Best |
| Top 10 Weight | 37.3%Best | 69.7% |
| Fund Family | iShares by BlackRock (US) | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Feb 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Feb 8, 2022 to Nov 13, 2026 (4.8 years).
IVV vs LRND 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 4.8 years both funds cover.
IVV vs LRND Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NYLIM US Large Cap R&D Leaders ETF (LRND) is an ETF from New York Life Investments. Over the past year IVV returned +13.50% while LRND returned +10.00%. Year to date, IVV is up 11.33% versus a gain of 8.53% for LRND.
Over three years, IVV compounded at +20.45% per year against +19.72% for LRND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRND has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.4% 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 -22.1% for IVV and -25.4% for LRND. 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 LRND charges 0.14%. On a $10,000 position that is $3 vs $14 annually, a gap of $11 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.33% for LRND.
Holdings Overlap
41.9% of IVV's money is in holdings LRND also owns. 91.1% of LRND's money is in holdings IVV also owns.
Most of LRND is already inside IVV. Owning both mostly buys the same companies twice.
56 positions in common, counted across the 490 positions we hold weights for in IVV and 109 in LRND, against full books of 509 and 333.
What only one of them owns
Our book lists 51 positions for LRND that do not appear in our book for IVV (8.6% of the fund), and 429 for IVV that do not appear in LRND (56.9%).
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 LRND | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.58% | 16.36% | 8.78% |
| AAPLApple, Inc | 7.70% | 10.31% | 2.61% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.93% | 8.07% | 2.14% |
| GOOGLAlphabet Inc | 2.51% | 10.92% | 8.41% |
| AMZNAmazon.Com Inc | 3.61% | 4.56% | 0.95% |
| LLYEli Lilly & Co. | 1.74% | 5.21% | 3.47% |
| AVGOBroadcom Inc | 2.37% | 4.38% | 2.01% |
| METAMeta Platform Inc | 2.08% | 4.09% | 2.01% |
| AMDAdvanced Micro Devices Inc. | 1.26% | 3.81% | 2.55% |
| PLTRPalantir Technologies Inc | 0.65% | 1.96% | 1.31% |
91.1% of LRND 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 LRND?
IVV has an expense ratio of 0.03% while LRND charges 0.14%. IVV is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, IVV or LRND?
Over the past year IVV returned +13.50% vs +10.00% for LRND, 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 LRND?
LRND has been the more volatile fund at 18.1% annualized versus 15.4% for IVV. Worst drawdown: IVV -22.1% vs LRND -25.4%.
Should I hold both IVV and LRND?
IVV and LRND 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 LRND?
91.1% of LRND's money is in holdings IVV also owns. 91.1% of LRND's is in holdings IVV also owns. They hold 56 positions in common, counted across the 490 positions we hold weights for in IVV and 109 in LRND.
Which pays a higher dividend, IVV or LRND?
IVV yields 1.09% while LRND yields 0.33%, so IVV currently pays the higher dividend yield.
Is LRND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and 3Y, LRND over the full window. The two have moved almost in lockstep, correlation 0.94. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 69.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.