IVV vs PCIG

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVPCIGWinner
Expense Ratio0.03%0.85%
AUM$865.2B$26M
Dividend Yield1.09%0.15%
Holdings50833
YTD Return+13.80%-0.77%
1Y Return+23.70%-3.22%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%14.2%
Max Drawdown-56.5%-23.4%
Fund FamilyiShares by BlackRock (US)iMGP Funds
CategoryEquityEquity
InceptionMay 15, 2000Mar 1, 2024

IVV vs PCIG Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Polen Capital International Growth ETF (PCIG) is a ETF from iMGP Funds. Over the past year IVV returned +23.70% while PCIG returned -3.22%. Year to date, IVV is up 13.80% versus a loss of 0.77% for PCIG.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.2% for PCIG. 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 -23.4% for PCIG. 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while PCIG charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.15% for PCIG.

Holdings Overlap

0.3%overlap

IVV and PCIG share 2 holdings out of 533 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in PCIGDifference
AON0.12%3.64%3.52%
MDT:IE0.16%2.12%1.96%

Frequently Asked Questions

Which is cheaper, IVV or PCIG?

IVV has an expense ratio of 0.03% while PCIG charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.

Which performed better, IVV or PCIG?

Over the past year IVV returned +23.70% vs -3.22% for PCIG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs -3.63% for PCIG. Past performance does not guarantee future results.

Which is riskier, IVV or PCIG?

IVV has been the more volatile fund at 15.1% annualized versus 14.2% for PCIG. Worst drawdown: IVV -56.5% vs PCIG -23.4%.

Should I hold both IVV and PCIG?

IVV and PCIG have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and PCIG?

IVV and PCIG share 2 common holdings with a 0.3% weight overlap. Combined, they hold 533 unique securities.

Which pays a higher dividend, IVV or PCIG?

IVV yields 1.09% while PCIG yields 0.15%, so IVV currently pays the higher dividend yield.

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