IVV vs LST

Quick Verdict

IVV has a lower expense ratio. LST delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: LSTMore Diversified: IVV

Side-by-Side Comparison

MetricIVVLSTWinner
Expense Ratio0.03%0.65%
AUM$865.2B$109M
Dividend Yield1.09%1.15%
Holdings508110
YTD Return+13.43%+19.42%
1Y Return+22.61%+32.90%
3Y Return (annualized)+21.47%-
5Y Return (annualized)+13.26%-
Volatility (annualized)15.1%14.5%
Max Drawdown-56.5%-19.5%
Fund FamilyiShares by BlackRock (US)Leuthold Funds
CategoryEquityEquity
InceptionMay 15, 2000Jun 19, 2000

IVV vs LST Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Leuthold Select Industries ETF (LST) is a ETF from Leuthold Funds. Over the past year IVV returned +22.61% while LST returned +32.90%. Year to date, IVV is up 13.43% versus a gain of 19.42% for LST.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.5% for LST. 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 -19.5% for LST. 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 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while LST charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.15% for LST.

Holdings Overlap

17.6%overlap

IVV and LST share 49 holdings out of 563 unique holdings combined, representing a 17.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in LSTDifference
NVDA7.76%1.15%6.61%
MSFT4.57%1.74%2.83%
GOOGL3.15%2.55%0.60%
AVGOProProPro
METAProProPro
CSCOProProPro
JPM:USProProPro
GSProProPro
MSProProPro
JBLProProPro
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Frequently Asked Questions

Which is cheaper, IVV or LST?

IVV has an expense ratio of 0.03% while LST charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.

Which performed better, IVV or LST?

Over the past year IVV returned +22.61% vs +32.90% for LST, so LST leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.03% vs +23.68% for LST. Past performance does not guarantee future results.

Which is riskier, IVV or LST?

IVV has been the more volatile fund at 15.1% annualized versus 14.5% for LST. Worst drawdown: IVV -56.5% vs LST -19.5%.

Should I hold both IVV and LST?

IVV and LST have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and LST?

IVV and LST share 49 common holdings with a 17.6% weight overlap. Combined, they hold 563 unique securities.

Which pays a higher dividend, IVV or LST?

IVV yields 1.09% while LST yields 1.15%, so LST currently pays the higher dividend yield.

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