IVV vs OUSA
iShares Core S&P 500 ETF vs O Shares US Quality Dividend ETF
Which is better, IVV or OUSA?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 44.9%.
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 | OUSA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.48% |
| AUM | $876.4B | $743M |
| Dividend Yield | 1.06% | 1.35% |
| Holdings | 508 | 101 |
| YTD Return | +12.27%Best | +6.27% |
| 1Y Return | +17.04%Best | +8.68% |
| 3Y Return (annualized) | +21.24%Best | +13.23% |
| 5Y Return (annualized) | +13.08%Best | +8.89% |
| Volatility (annualized) | 15.3% | 13.2%Best |
| Max Drawdown | -33.9% | -33.4%Best |
| $10,000 over 5 years | $18,490Best | $15,309 |
| Top 10 Weight | 37.8%Best | 44.9% |
| Fund Family | iShares by BlackRock (US) | ALPS Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Jul 14, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Sep 17, 2026 (11.2 years).
IVV vs OUSA 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 11.2 years both funds cover.
IVV vs OUSA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and O Shares US Quality Dividend ETF (OUSA) is an ETF from ALPS Advisors. Over the past year IVV returned +17.04% while OUSA returned +8.68%. Year to date, IVV is up 12.27% versus a gain of 6.27% for OUSA.
Over three years, IVV compounded at +21.24% per year against +13.23% for OUSA; over five years the annualized figures are +13.08% and +8.89% respectively. Across the full 11-year window we track, IVV has the edge at +12.96% annualized vs +9.13%.
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 13.2% for OUSA. 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 -33.9% for IVV and -33.4% for OUSA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while OUSA charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.35% for OUSA.
Holdings Overlap
41.0% of IVV's money is in holdings OUSA also owns. 96.5% of OUSA's money is in holdings IVV also owns.
Most of OUSA is already inside IVV. Owning both mostly buys the same companies twice.
96 positions in common, counted across the 490 positions we hold weights for in IVV and 100 in OUSA, against full books of 508 and 101.
What only one of them owns
Measured across the 490 and 100 positions we hold weights for.
IVV holds 386 positions OUSA does not, 57.7% of the fund.
Largest: NVDA 8.07%, AMZN 3.84%, AVGO 2.65%, GOOG 2.39%, MU 1.63%
Top Shared Holdings
| Stock | Weight in IVV | Weight in OUSA | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.02% | 5.33% | 1.69% |
| MSFTMicrosoft Corp | 5.69% | 4.77% | 0.92% |
| GOOGLAlphabet Inc,class A | 3.00% | 5.08% | 2.08% |
| JNJJohnson & Johnson - Common | 0.97% | 5.70% | 4.73% |
| VVisa Inc Class A | 0.95% | 5.14% | 4.19% |
| MAMastercard Inc | 0.72% | 4.71% | 3.99% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 3.91% | 3.25% |
| HDHome Depot Inc/The | 0.49% | 3.65% | 3.16% |
| MRKMerck & Company Inc | 0.55% | 3.51% | 2.96% |
| MCDMcdonald'S Corp | 0.28% | 3.08% | 2.80% |
96.5% of OUSA 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 OUSA?
IVV has an expense ratio of 0.03% while OUSA charges 0.48%. IVV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, IVV or OUSA?
Over the past year IVV returned +17.04% vs +8.68% for OUSA, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +12.96% vs +9.13% for OUSA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OUSA?
IVV has been the more volatile fund at 15.3% annualized versus 13.2% for OUSA. Worst drawdown: IVV -33.9% vs OUSA -33.4%.
Should I hold both IVV and OUSA?
IVV and OUSA have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and OUSA?
96.5% of OUSA's money is in holdings IVV also owns. 96.5% of OUSA's is in holdings IVV also owns. They hold 96 positions in common, counted across the 490 positions we hold weights for in IVV and 100 in OUSA.
Which pays a higher dividend, IVV or OUSA?
IVV yields 1.06% while OUSA yields 1.35%, so OUSA currently pays the higher dividend yield.
Is OUSA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 44.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.