IVV vs PCCE
iShares Core S&P 500 ETF vs Polen Capital China Growth ETF
Which is better, IVV or PCCE?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.0%.
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 | PCCE |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $876.4B | $2M |
| Dividend Yield | 1.06% | 2.37% |
| Holdings | 508 | 44 |
| Volatility (annualized) | 12.4%Best | 20.2% |
| Max Drawdown | -18.8%Best | -26.4% |
| $10,000 over 2.4 years | $15,645Best | $13,176 |
| Top 10 Weight | 37.8%Best | 52.0% |
| Fund Family | iShares by BlackRock (US) | iMGP Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Mar 14, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 35 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 18, 2026 and PCCE through Aug 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Mar 15, 2024 to Aug 14, 2026 (2.4 years).
Risk: Volatility and Drawdowns
PCCE has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 12.4% 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 -18.8% for IVV and -26.4% for PCCE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while PCCE charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.37% for PCCE.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 37 in PCCE, totalling 99.3% and 95.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 37 in PCCE, against full books of 508 and 44.
What only one of them owns
Our book lists 1 positions for PCCE that do not appear in our book for IVV (3.5% of the fund), and 482 for IVV that do not appear in PCCE (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 PCCE 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 PCCE?
IVV has an expense ratio of 0.03% while PCCE charges 1.00%. IVV is the cheaper option, by $97 a year on a $10,000 investment.
Which is riskier, IVV or PCCE?
PCCE has been the more volatile fund at 20.2% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs PCCE -26.4%.
Should I hold both IVV and PCCE?
IVV and PCCE have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PCCE?
IVV yields 1.06% while PCCE yields 2.37%, so PCCE currently pays the higher dividend yield.
Is PCCE better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.