IVV vs OAKL
iShares Core S&P 500 ETF vs Oakmark US Concentrated ETF
Which is better, IVV or OAKL?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 57.0%.
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 | OAKL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $850.0B | $334M |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 27 |
| YTD Return | +8.54%Best | +6.77% |
| 1Y Return | +10.97% | - |
| 3Y Return (annualized) | +20.51% | - |
| 5Y Return (annualized) | +10.97% | - |
| Top 10 Weight | 38.8%Best | 57.0% |
| Fund Family | iShares by BlackRock (US) | Oakmark Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Oct 5, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs OAKL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs OAKL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Oakmark US Concentrated ETF (OAKL) is an ETF from Oakmark Funds. Year to date, IVV is up 8.54% versus a gain of 6.77% for OAKL.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while OAKL charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for OAKL.
Holdings Overlap
9.8% of IVV's money is in holdings OAKL also owns. 73.6% of OAKL's money is in holdings IVV also owns.
Most of OAKL is already inside IVV. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 505 positions we hold weights for in IVV and 27 in OAKL, against full books of 1,018 and 27.
What only one of them owns
Measured across the 505 and 27 positions we hold weights for.
IVV holds 479 positions OAKL does not, 89.8% of the fund.
Largest: NVDA 8.04%, AAPL 7.51%, MSFT 5.95%, AMZN 3.74%, AVGO 2.47%
Top Shared Holdings
| Stock | Weight in IVV | Weight in OAKL | Difference |
|---|---|---|---|
| CRMSalesforce Inc Crm Us Equity | 0.29% | 7.85% | 7.56% |
| IQVIqvia Holdings Inc. | 0.06% | 6.53% | 6.47% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 0.07% | 5.66% | 5.59% |
| METAMeta Platforms Inc | 2.44% | 3.03% | 0.59% |
| ABNBAirbnb Inc | 0.11% | 4.98% | 4.87% |
| GOOGAlphabet Inc. C | 2.45% | 2.58% | 0.13% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 0.13% | 4.65% | 4.52% |
| CRLCharles River Laboratories International Inc | 0.02% | 4.72% | 4.70% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 0.13% | 4.47% | 4.34% |
| COFCapital One Financial Corp. | 0.18% | 4.06% | 3.88% |
73.6% of OAKL 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 OAKL?
IVV has an expense ratio of 0.03% while OAKL charges 0.59%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
What is the holdings overlap between IVV and OAKL?
73.6% of OAKL's money is in holdings IVV also owns. 73.6% of OAKL's is in holdings IVV also owns. They hold 20 positions in common, counted across the 505 positions we hold weights for in IVV and 27 in OAKL.
Which pays a higher dividend, IVV or OAKL?
IVV yields 1.09% while OAKL yields 0.00%, so IVV currently pays the higher dividend yield.
Is OAKL better than IVV?
IVV has a lower expense ratio. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.