IVV vs PBQQ
iShares Core S&P 500 ETF vs PGIM Laddered Nasdaq-100 Buffer 12 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PBQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $80M | |
| Dividend Yield | 1.10% | 0.01% | |
| Holdings | 508 | 7 | |
| YTD Return | +12.28% | +9.79% | |
| 1Y Return | +20.94% | +15.83% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 8.9% | |
| Max Drawdown | -56.5% | -12.9% | |
| Fund Family | iShares by BlackRock (US) | PGIM Investments | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 27, 2024 |
IVV vs PBQQ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is a ETF from PGIM Investments. Over the past year IVV returned +20.94% while PBQQ returned +15.83%. Year to date, IVV is up 12.28% versus a gain of 9.79% for PBQQ.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 8.9% for PBQQ. 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 -12.9% for PBQQ. 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 0.96. 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 PBQQ 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 1.10% against 0.01% for PBQQ.
Holdings Overlap
IVV and PBQQ share 0 holdings out of 509 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 PBQQ?
IVV has an expense ratio of 0.03% while PBQQ charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or PBQQ?
Over the past year IVV returned +20.94% vs +15.83% for PBQQ, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.98% vs +15.59% for PBQQ. Past performance does not guarantee future results.
Which is riskier, IVV or PBQQ?
IVV has been the more volatile fund at 15.1% annualized versus 8.9% for PBQQ. Worst drawdown: IVV -56.5% vs PBQQ -12.9%.
Should I hold both IVV and PBQQ?
IVV and PBQQ have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and PBQQ?
IVV and PBQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or PBQQ?
IVV yields 1.10% while PBQQ yields 0.01%, so IVV currently pays the higher dividend yield.
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