IVV vs MFSV
iShares Core S&P 500 ETF vs MFS Active Value ETF
Which is better, IVV or MFSV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y and the full window. MFSV is less concentrated, with 32.6% of the fund in its ten largest positions against 37.8%.
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 | MFSV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.44% |
| AUM | $876.4B | $599M |
| Dividend Yield | 1.06% | 1.32% |
| Holdings | 508 | 64 |
| YTD Return | +13.32%Best | +7.40% |
| 1Y Return | +17.08%Best | +11.25% |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.6% | 9.4%Best |
| Max Drawdown | -18.8% | -12.7%Best |
| $10,000 over 1.8 years | $12,965Best | $11,736 |
| Top 10 Weight | 37.8% | 32.6%Best |
| Fund Family | iShares by BlackRock (US) | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Dec 5, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 5, 2024 to Sep 23, 2026 (1.8 years).
IVV vs MFSV 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 1.8 years both funds cover.
IVV vs MFSV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year IVV returned +17.08% while MFSV returned +11.25%. Year to date, IVV is up 13.32% versus a gain of 7.40% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 9.4% for MFSV. 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 -18.8% for IVV and -12.7% for MFSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MFSV charges 0.44%. On a $10,000 position that is $3 vs $44 annually, a gap of $41 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.32% for MFSV.
Holdings Overlap
33.2% of IVV's money is in holdings MFSV also owns. 94.4% of MFSV's money is in holdings IVV also owns.
Most of MFSV is already inside IVV. Owning both mostly buys the same companies twice.
55 positions in common, counted across the 490 positions we hold weights for in IVV and 61 in MFSV, against full books of 508 and 64.
What only one of them owns
Our book lists 5 positions for MFSV that do not appear in our book for IVV (4.0% of the fund), and 428 for IVV that do not appear in MFSV (65.5%).
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 MFSV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.69% | 5.29% | 0.40% |
| AAPLApple, Inc | 7.02% | 2.93% | 4.09% |
| AMZNAmazon.Com Inc | 3.84% | 5.40% | 1.56% |
| JPMJpmorgan Chase | 1.44% | 4.51% | 3.07% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.01% | 2.82% | 1.81% |
| GOOGLAlphabet Inc,class A | 3.00% | 0.79% | 2.21% |
| BACBank of America Corp.: Financials | 0.61% | 2.33% | 1.72% |
| CICigna Corp. | 0.11% | 2.65% | 2.54% |
| CVXChevron Corp | 0.58% | 2.16% | 1.58% |
| JNJJohnson & Johnson - Common | 0.97% | 1.68% | 0.71% |
94.4% of MFSV 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 MFSV?
IVV has an expense ratio of 0.03% while MFSV charges 0.44%. IVV is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, IVV or MFSV?
Over the past year IVV returned +17.08% vs +11.25% for MFSV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +15.52% vs +9.30% for MFSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MFSV?
IVV has been the more volatile fund at 12.6% annualized versus 9.4% for MFSV. Worst drawdown: IVV -18.8% vs MFSV -12.7%.
Should I hold both IVV and MFSV?
IVV and MFSV have a monthly-return correlation of 0.46, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and MFSV?
94.4% of MFSV's money is in holdings IVV also owns. 94.4% of MFSV's is in holdings IVV also owns. They hold 55 positions in common, counted across the 490 positions we hold weights for in IVV and 61 in MFSV.
Which pays a higher dividend, IVV or MFSV?
IVV yields 1.06% while MFSV yields 1.32%, so MFSV currently pays the higher dividend yield.
Is MFSV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. MFSV is less concentrated, with 32.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.