IVV vs PATN
iShares Core S&P 500 ETF vs Pacer Nasdaq International Patent Leaders ETF
Quick Verdict
IVV has a lower expense ratio. PATN delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PATN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.65% | |
| AUM | $907.0B | $234M | |
| Dividend Yield | 1.10% | 1.67% | |
| Holdings | 508 | 108 | |
| YTD Return | +14.29% | +31.67% | |
| 1Y Return | +21.79% | +52.24% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 21.1% | |
| Max Drawdown | -56.5% | -16.8% | |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 16, 2024 |
IVV vs PATN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer Nasdaq International Patent Leaders ETF (PATN) is a ETF from Pacer ETFs. Over the past year IVV returned +21.79% while PATN returned +52.24%. Year to date, IVV is up 14.29% versus a gain of 31.67% for PATN.
Risk: Volatility and Drawdowns
PATN has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 15.1% 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 -56.5% for IVV and -16.8% for PATN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PATN charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.67% for PATN.
Holdings Overlap
IVV and PATN share 0 holdings out of 606 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PATN?
IVV has an expense ratio of 0.03% while PATN charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IVV or PATN?
Over the past year IVV returned +21.79% vs +52.24% for PATN, so PATN leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.06% vs +38.80% for PATN. Past performance does not guarantee future results.
Which is riskier, IVV or PATN?
PATN has been the more volatile fund at 21.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PATN -16.8%.
Should I hold both IVV and PATN?
IVV and PATN have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PATN?
IVV and PATN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 606 unique securities.
Which pays a higher dividend, IVV or PATN?
IVV yields 1.10% while PATN yields 1.67%, so PATN currently pays the higher dividend yield.
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