IVV vs LRND
iShares Core S&P 500 ETF vs NYLI US Large Cap R&D Leaders ETF
Quick Verdict
IVV has a lower expense ratio. LRND delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | LRND | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.14% | |
| AUM | $886.7B | $448M | |
| Dividend Yield | 1.10% | 0.42% | |
| Holdings | 508 | 110 | |
| YTD Return | +12.64% | +13.82% | |
| 1Y Return | +20.92% | +23.24% | |
| 3Y Return (annualized) | +21.07% | +21.53% | |
| 5Y Return (annualized) | +12.62% | - | |
| Volatility (annualized) | 15.1% | 18.1% | |
| Max Drawdown | -56.5% | -25.4% | |
| Fund Family | iShares by BlackRock (US) | INDEXIQ ETF TRUST | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 8, 2022 |
IVV vs LRND Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and NYLI US Large Cap R&D Leaders ETF (LRND) is a ETF from INDEXIQ ETF TRUST. Over the past year IVV returned +20.92% while LRND returned +23.24%. Year to date, IVV is up 12.64% versus a gain of 13.82% for LRND.
Over three years, IVV compounded at +21.07% per year against +21.53% for LRND. Across the full 5-year window we track, LRND has the edge at +15.54% annualized vs +6.98%. 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 15.1% 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 -25.4% for LRND. 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 0.95. 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 1.10% against 0.42% for LRND.
Holdings Overlap
IVV and LRND share 58 holdings out of 553 unique holdings combined, representing a 42.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $11 per year of difference.
Which performed better, IVV or LRND?
Over the past year IVV returned +20.92% vs +23.24% for LRND, so LRND leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +6.98% vs +15.54% for LRND. Past performance does not guarantee future results.
Which is riskier, IVV or LRND?
LRND has been the more volatile fund at 18.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs LRND -25.4%.
Should I hold both IVV and LRND?
IVV and LRND have a monthly-return correlation of 0.95, 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 LRND?
IVV and LRND share 58 common holdings with a 42.6% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, IVV or LRND?
IVV yields 1.10% while LRND yields 0.42%, so IVV currently pays the higher dividend yield.
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