IVV vs PEXL

Quick Verdict

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

Lower Fees: IVVHigher Returns: PEXLMore Diversified: IVV

Side-by-Side Comparison

MetricIVVPEXLWinner
Expense Ratio0.03%0.60%
AUM$865.2B$50M
Dividend Yield1.09%0.29%
Holdings508102
YTD Return+13.80%+19.09%
1Y Return+23.70%+37.59%
3Y Return (annualized)+21.49%+18.71%
5Y Return (annualized)+13.43%+11.68%
Volatility (annualized)15.1%22.0%
Max Drawdown-56.5%-36.9%
Fund FamilyiShares by BlackRock (US)Pacer ETFs
CategoryEquityEquity
InceptionMay 15, 2000Jul 23, 2018

IVV vs PEXL Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Pacer US Export Leaders ETF (PEXL) is a ETF from Pacer ETFs. Over the past year IVV returned +23.70% while PEXL returned +37.59%. Year to date, IVV is up 13.80% versus a gain of 19.09% for PEXL.

Over three years, IVV compounded at +21.49% per year against +18.71% for PEXL; over five years the annualized figures are +13.43% and +11.68% respectively. Across the full 8-year window we track, PEXL has the edge at +14.49% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PEXL has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 15.1% 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 -56.5% for IVV and -36.9% for PEXL. 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 0.95. 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 PEXL charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.29% for PEXL.

Holdings Overlap

31.2%overlap

IVV and PEXL share 71 holdings out of 535 unique holdings combined, representing a 31.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in PEXLDifference
AAPL7.44%5.30%2.14%
MSFT4.57%5.00%0.43%
GOOGL3.15%5.01%1.86%
AVGOProProPro
METAProProPro
AMDProProPro
AMATProProPro
GEProProPro
KOProProPro
PGProProPro
See all 10 holdings IVV shares with PEXL
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or PEXL?

IVV has an expense ratio of 0.03% while PEXL charges 0.60%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, IVV or PEXL?

Over the past year IVV returned +23.70% vs +37.59% for PEXL, so PEXL leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +7.05% vs +14.49% for PEXL. Past performance does not guarantee future results.

Which is riskier, IVV or PEXL?

PEXL has been the more volatile fund at 22.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PEXL -36.9%.

Should I hold both IVV and PEXL?

IVV and PEXL have a monthly-return correlation of 0.95, 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 PEXL?

IVV and PEXL share 71 common holdings with a 31.2% weight overlap. Combined, they hold 535 unique securities.

Which pays a higher dividend, IVV or PEXL?

IVV yields 1.09% while PEXL yields 0.29%, so IVV currently pays the higher dividend yield.

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