IVV vs PAWZ
iShares Core S&P 500 ETF vs Proshares Pet Care ETF
Which is better, IVV or PAWZ?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 70.3%.
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 | PAWZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.50% |
| AUM | $876.4B | $34M |
| Dividend Yield | 1.06% | 0.67% |
| Holdings | 508 | 27 |
| YTD Return | +12.01%Best | -9.55% |
| 1Y Return | +16.48%Best | -12.23% |
| 3Y Return (annualized) | +21.21%Best | +2.49% |
| 5Y Return (annualized) | +12.95%Best | -8.89% |
| Volatility (annualized) | 16.8%Best | 21.7% |
| Max Drawdown | -33.9%Best | -50.1% |
| $10,000 over 5 years | $18,384Best | $6,278 |
| Top 10 Weight | 37.8%Best | 70.3% |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Nov 5, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2018 to Sep 14, 2026 (7.9 years).
IVV vs PAWZ 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 7.9 years both funds cover.
IVV vs PAWZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Proshares Pet Care ETF (PAWZ) is an ETF from ProShares. Over the past year IVV returned +16.48% while PAWZ returned -12.23%. Year to date, IVV is up 12.01% versus a loss of 9.55% for PAWZ.
Over three years, IVV compounded at +21.21% per year against +2.49% for PAWZ; over five years the annualized figures are +12.95% and -8.89% respectively. Across the full 8-year window we track, IVV has the edge at +14.90% annualized vs +3.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PAWZ has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 16.8% 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 -50.1% for PAWZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PAWZ charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.67% for PAWZ.
Holdings Overlap
0.9% of IVV's money is in holdings PAWZ also owns. 32.8% of PAWZ's money is in holdings IVV also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 490 positions we hold weights for in IVV and 27 in PAWZ, against full books of 508 and 27.
What only one of them owns
Our book lists 9 positions for PAWZ that do not appear in our book for IVV (33.8% of the fund), and 474 for IVV that do not appear in PAWZ (97.7%).
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 PAWZ | Difference |
|---|---|---|---|
| ZTSZoetis Inc, Class A | 0.05% | 10.35% | 10.30% |
| IDXXIdexx Labs | 0.07% | 10.01% | 9.94% |
| MRKMerck & Company Inc | 0.55% | 4.85% | 4.30% |
| CLColgate-Palmolive Co | 0.11% | 2.89% | 2.78% |
| CORCencora Inc | 0.09% | 2.48% | 2.39% |
| GISGeneral Mills In | 0.03% | 0.89% | 0.86% |
| TSCOTractor Supply Co. | 0.03% | 0.73% | 0.70% |
| SJMJ M Smucker Co/The | 0.02% | 0.55% | 0.53% |
32.8% of PAWZ 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 PAWZ?
IVV has an expense ratio of 0.03% while PAWZ charges 0.50%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, IVV or PAWZ?
Over the past year IVV returned +16.48% vs -12.23% for PAWZ, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.90% vs +3.06% for PAWZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PAWZ?
PAWZ has been the more volatile fund at 21.7% annualized versus 16.8% for IVV. Worst drawdown: IVV -33.9% vs PAWZ -50.1%.
Should I hold both IVV and PAWZ?
IVV and PAWZ have a monthly-return correlation of 0.75, 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 PAWZ?
32.8% of PAWZ's money is in holdings IVV also owns. 32.8% of PAWZ's is in holdings IVV also owns. They hold 8 positions in common, counted across the 490 positions we hold weights for in IVV and 27 in PAWZ.
Which pays a higher dividend, IVV or PAWZ?
IVV yields 1.06% while PAWZ yields 0.67%, so IVV currently pays the higher dividend yield.
Is PAWZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 70.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.