IVV vs OUSM
iShares Core S&P 500 ETF vs O Shares US Small-Cap Quality Dividend ETF
Which is better, IVV or OUSM?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. OUSM is less concentrated, with 21.8% 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 | OUSM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.48% |
| AUM | $876.4B | $835M |
| Dividend Yield | 1.06% | 2.00% |
| Holdings | 508 | 109 |
| YTD Return | +14.15%Best | +8.18% |
| 1Y Return | +17.31%Best | +6.75% |
| 3Y Return (annualized) | +23.17%Best | +12.10% |
| 5Y Return (annualized) | +13.85%Best | +8.31% |
| Volatility (annualized) | 15.6%Best | 17.1% |
| Max Drawdown | -33.9%Best | -40.0% |
| $10,000 over 5 years | $19,128Best | $14,905 |
| Top 10 Weight | 37.8% | 21.8%Best |
| Fund Family | iShares by BlackRock (US) | ALPS Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Dec 30, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 30, 2016 to Sep 21, 2026 (9.7 years).
IVV vs OUSM 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 9.7 years both funds cover.
IVV vs OUSM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and O Shares US Small-Cap Quality Dividend ETF (OUSM) is an ETF from ALPS Advisors. Over the past year IVV returned +17.31% while OUSM returned +6.75%. Year to date, IVV is up 14.15% versus a gain of 8.18% for OUSM.
Over three years, IVV compounded at +23.17% per year against +12.10% for OUSM; over five years the annualized figures are +13.85% and +8.31% respectively. Across the full 10-year window we track, IVV has the edge at +14.52% annualized vs +7.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OUSM has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.6% for IVV. 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 -40.0% for OUSM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OUSM 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 2.00% for OUSM.
Holdings Overlap
2.5% of OUSM's money is in holdings IVV also owns.
OUSM and IVV share little of their money.
2 positions in common, counted across the 490 positions we hold weights for in IVV and 108 in OUSM, against full books of 508 and 109.
What only one of them owns
Our book lists 102 positions for OUSM that do not appear in our book for IVV (91.9% of the fund), and 480 for IVV that do not appear in OUSM (98.6%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and OUSM 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 OUSM?
IVV has an expense ratio of 0.03% while OUSM charges 0.48%. IVV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, IVV or OUSM?
Over the past year IVV returned +17.31% vs +6.75% for OUSM, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.52% vs +7.86% for OUSM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OUSM?
OUSM has been the more volatile fund at 17.1% annualized versus 15.6% for IVV. Worst drawdown: IVV -33.9% vs OUSM -40.0%.
Should I hold both IVV and OUSM?
IVV and OUSM have a monthly-return correlation of 0.88, 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 OUSM?
2.5% of OUSM's money is in holdings IVV also owns. 2.5% of OUSM's is in holdings IVV also owns. They hold 2 positions in common, counted across the 490 positions we hold weights for in IVV and 108 in OUSM.
Which pays a higher dividend, IVV or OUSM?
IVV yields 1.06% while OUSM yields 2.00%, so OUSM currently pays the higher dividend yield.
Is OUSM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. OUSM is less concentrated, with 21.8% 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.