IVV vs PALC
iShares Core S&P 500 ETF vs Pacer Lunt Large Cap Multi-Factor Alternator ETF
Which is better, IVV or PALC?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PALC is less concentrated, with 27.9% 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 | PALC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $211M |
| Dividend Yield | 1.06% | 1.06% |
| Holdings | 508 | 184 |
| YTD Return | +12.51%Best | +7.53% |
| 1Y Return | +17.57%Best | +10.06% |
| 3Y Return (annualized) | +21.27%Best | +14.31% |
| 5Y Return (annualized) | +12.95%Best | +8.30% |
| Volatility (annualized) | 15.5%Best | 17.2% |
| Max Drawdown | -24.5% | -24.4%Best |
| $10,000 over 5 years | $18,384Best | $14,898 |
| Top 10 Weight | 37.9% | 27.9%Best |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 24, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2020 to Sep 11, 2026 (6.2 years).
IVV vs PALC 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 6.2 years both funds cover.
IVV vs PALC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) is an ETF from Pacer ETFs. Over the past year IVV returned +17.57% while PALC returned +10.06%. Year to date, IVV is up 12.51% versus a gain of 7.53% for PALC.
Over three years, IVV compounded at +21.27% per year against +14.31% for PALC; over five years the annualized figures are +12.95% and +8.30% respectively. Across the full 6-year window we track, IVV has the edge at +17.25% annualized vs +15.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PALC has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.5% 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 -24.5% for IVV and -24.4% for PALC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PALC charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.06% for PALC.
Holdings Overlap
25.9% of IVV's money is in holdings PALC also owns. 99.4% of PALC's money is in holdings IVV also owns.
Most of PALC is already inside IVV. Owning both mostly buys the same companies twice.
180 positions in common, counted across the 505 positions we hold weights for in IVV and 183 in PALC, against full books of 508 and 184.
What only one of them owns
Our book lists 2 positions for PALC that do not appear in our book for IVV (0.4% of the fund), and 318 for IVV that do not appear in PALC (73.5%).
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 PALC | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.01% | 2.59% | 1.42% |
| BACBank Of America Corp. | 0.62% | 4.49% | 3.87% |
| METAMeta Platforms, Inc. | 1.94% | 2.38% | 0.44% |
| JPMJpmorgan Chase & Co. | 1.45% | 2.73% | 1.28% |
| BRK.BBerkshire Hathaway B | 1.43% | 2.44% | 1.01% |
| WFCWells Fargo & Co. | 0.41% | 3.09% | 2.68% |
| CCitigroup Inc. | 0.35% | 3.03% | 2.68% |
| ABBVAbbvie Inc. | 0.65% | 2.37% | 1.72% |
| GSGoldman Sachs Group Inc. | 0.47% | 2.36% | 1.89% |
| TAt&t, Inc. | 0.24% | 2.37% | 2.13% |
99.4% of PALC 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 PALC?
IVV has an expense ratio of 0.03% while PALC charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or PALC?
Over the past year IVV returned +17.57% vs +10.06% for PALC, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +17.25% vs +15.25% for PALC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PALC?
PALC has been the more volatile fund at 17.2% annualized versus 15.5% for IVV. Worst drawdown: IVV -24.5% vs PALC -24.4%.
Should I hold both IVV and PALC?
IVV and PALC have a monthly-return correlation of 0.85, 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 PALC?
99.4% of PALC's money is in holdings IVV also owns. 99.4% of PALC's is in holdings IVV also owns. They hold 180 positions in common, counted across the 505 positions we hold weights for in IVV and 183 in PALC.
Which pays a higher dividend, IVV or PALC?
IVV yields 1.06% while PALC yields 1.06%, so IVV currently pays the higher dividend yield.
Is PALC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PALC is less concentrated, with 27.9% 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.