IVV vs OAKM
iShares Core S&P 500 ETF vs Oakmark US Large Cap ETF
Which is better, IVV or OAKM?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y and the full window. OAKM is less concentrated, with 35.6% of the fund in its ten largest positions against 37.9%.
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 | OAKM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $876.4B | $1.2B |
| Dividend Yield | 1.06% | 0.60% |
| Holdings | 508 | 41 |
| YTD Return | +12.24%Best | +8.33% |
| 1Y Return | +18.61%Best | +17.36% |
| 3Y Return (annualized) | +20.98% | - |
| 5Y Return (annualized) | +12.76% | - |
| Volatility (annualized) | 12.7% | 11.0%Best |
| Max Drawdown | -18.8% | -15.2%Best |
| $10,000 over 1.8 years | $12,961Best | $12,612 |
| Top 10 Weight | 37.9% | 35.6%Best |
| Fund Family | iShares by BlackRock (US) | Oakmark Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Dec 3, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 3, 2024 to Sep 9, 2026 (1.8 years).
IVV vs OAKM 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 OAKM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Oakmark US Large Cap ETF (OAKM) is an ETF from Oakmark Funds. Over the past year IVV returned +18.61% while OAKM returned +17.36%. Year to date, IVV is up 12.24% versus a gain of 8.33% for OAKM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.0% for OAKM. 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 -15.2% for OAKM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while OAKM 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 1.06% against 0.60% for OAKM.
Holdings Overlap
14.9% of IVV's money is in holdings OAKM also owns. 88.9% of OAKM's money is in holdings IVV also owns.
Most of OAKM is already inside IVV. Owning both mostly buys the same companies twice.
34 positions in common, counted across the 505 positions we hold weights for in IVV and 39 in OAKM, against full books of 508 and 41.
What only one of them owns
Our book lists 2 positions for OAKM that do not appear in our book for IVV (3.3% of the fund), and 463 for IVV that do not appear in OAKM (84.5%).
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 OAKM | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.01% | 1.59% | 2.42% |
| ABNBAirbnb Inc | 0.10% | 4.07% | 3.97% |
| BACBank of America Corp.: Financials | 0.62% | 3.48% | 2.86% |
| CCitigroup Inc. | 0.35% | 3.70% | 3.35% |
| TRGPTarga Resources Corp. | 0.08% | 3.78% | 3.70% |
| GOOGAlphabet Inc. C | 2.56% | 1.27% | 1.29% |
| COFCapital One Financial Corp. | 0.21% | 3.55% | 3.34% |
| GOOGLAlphabet Inc,class A | 3.19% | 0.56% | 2.63% |
| CRMSalesforce Inc Crm Us Equity | 0.24% | 3.43% | 3.19% |
| MRKMerck & Company Inc | 0.48% | 3.18% | 2.70% |
88.9% of OAKM 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 OAKM?
IVV has an expense ratio of 0.03% while OAKM charges 0.59%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, IVV or OAKM?
Over the past year IVV returned +18.61% vs +17.36% for OAKM, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +15.50% vs +13.76% for OAKM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OAKM?
IVV has been the more volatile fund at 12.7% annualized versus 11.0% for OAKM. Worst drawdown: IVV -18.8% vs OAKM -15.2%.
Should I hold both IVV and OAKM?
IVV and OAKM have a monthly-return correlation of 0.49, 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 OAKM?
88.9% of OAKM's money is in holdings IVV also owns. 88.9% of OAKM's is in holdings IVV also owns. They hold 34 positions in common, counted across the 505 positions we hold weights for in IVV and 39 in OAKM.
Which pays a higher dividend, IVV or OAKM?
IVV yields 1.06% while OAKM yields 0.60%, so IVV currently pays the higher dividend yield.
Is OAKM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. OAKM is less concentrated, with 35.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.