IVV vs MPRO
iShares Core S&P 500 ETF vs Monarch ProCap Index ETF
Which is better, IVV or MPRO?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | MPRO |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.03% |
| AUM | $876.4B | $254M |
| Dividend Yield | 1.06% | 1.95% |
| Holdings | 508 | 8 |
| YTD Return | +11.51%Best | +3.93% |
| 1Y Return | +15.96%Best | +4.54% |
| 3Y Return (annualized) | +21.01%Best | +9.30% |
| 5Y Return (annualized) | +12.66%Best | +4.77% |
| Volatility (annualized) | 15.3% | 9.7%Best |
| Max Drawdown | -24.5% | -14.5%Best |
| $10,000 over 5 years | $18,149Best | $12,624 |
| Top 10 Weight | 37.8% | - |
| Fund Family | iShares by BlackRock (US) | Monarch Funds |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Mar 23, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2021 to Sep 15, 2026 (5.5 years).
IVV vs MPRO 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 5.5 years both funds cover.
IVV vs MPRO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Monarch ProCap Index ETF (MPRO) is an ETF from Monarch Funds. Over the past year IVV returned +15.96% while MPRO returned +4.54%. Year to date, IVV is up 11.51% versus a gain of 3.93% for MPRO.
Over three years, IVV compounded at +21.01% per year against +9.30% for MPRO; over five years the annualized figures are +12.66% and +4.77% respectively. Across the full 6-year window we track, IVV has the edge at +14.56% annualized vs +5.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.7% for MPRO. 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 -24.5% for IVV and -14.5% for MPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MPRO charges 1.03%. On a $10,000 position that is $3 vs $103 annually, a gap of $100 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.95% for MPRO.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 9 in MPRO, totalling 99.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 9 in MPRO, against full books of 508 and 8.
What only one of them owns
Measured across the 490 and 9 positions we hold weights for.
IVV holds 482 positions MPRO does not, 98.6% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, AMZN 3.84%, GOOGL 3.00%
You are not choosing between two funds in isolation.
Whichever of IVV and MPRO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or MPRO?
IVV has an expense ratio of 0.03% while MPRO charges 1.03%. IVV is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, IVV or MPRO?
Over the past year IVV returned +15.96% vs +4.54% for MPRO, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +14.56% vs +5.87% for MPRO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MPRO?
IVV has been the more volatile fund at 15.3% annualized versus 9.7% for MPRO. Worst drawdown: IVV -24.5% vs MPRO -14.5%.
Should I hold both IVV and MPRO?
IVV and MPRO have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or MPRO?
IVV yields 1.06% while MPRO yields 1.95%, so MPRO currently pays the higher dividend yield.
Is MPRO better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.