IVV vs PCFI
iShares Core S&P 500 ETF vs Polen Floating Rate Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PCFI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $865.2B | $8M | |
| Dividend Yield | 1.09% | 9.51% | |
| Holdings | 508 | 124 | |
| YTD Return | +13.80% | +1.09% | |
| 1Y Return | +23.70% | -0.65% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 4.5% | |
| Max Drawdown | -56.5% | -4.0% | |
| Fund Family | iShares by BlackRock (US) | Polen Capital | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Mar 24, 2025 |
IVV vs PCFI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Polen Floating Rate Income ETF (PCFI) is a ETF from Polen Capital. Over the past year IVV returned +23.70% while PCFI returned -0.65%. Year to date, IVV is up 13.80% versus a gain of 1.09% for PCFI.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.5% for PCFI. 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 -4.0% for PCFI. 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 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PCFI charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 9.51% for PCFI.
Holdings Overlap
IVV and PCFI share 0 holdings out of 526 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 PCFI?
IVV has an expense ratio of 0.03% while PCFI charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or PCFI?
Over the past year IVV returned +23.70% vs -0.65% for PCFI, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +1.98% for PCFI. Past performance does not guarantee future results.
Which is riskier, IVV or PCFI?
IVV has been the more volatile fund at 15.1% annualized versus 4.5% for PCFI. Worst drawdown: IVV -56.5% vs PCFI -4.0%.
Should I hold both IVV and PCFI?
IVV and PCFI have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PCFI?
IVV and PCFI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, IVV or PCFI?
IVV yields 1.09% while PCFI yields 9.51%, so PCFI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.