IVV vs PICK
iShares Core S&P 500 ETF vs iShares MSCI Global Metals & Mining Producers ETF
Quick Verdict
IVV has a lower expense ratio. PICK delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PICK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $865.2B | $2.2B | |
| Dividend Yield | 1.09% | 2.26% | |
| Holdings | 508 | 288 | |
| YTD Return | +13.80% | +21.54% | |
| 1Y Return | +23.70% | +65.13% | |
| 3Y Return (annualized) | +21.49% | +19.08% | |
| 5Y Return (annualized) | +13.43% | +11.11% | |
| Volatility (annualized) | 15.1% | 27.2% | |
| Max Drawdown | -56.5% | -80.4% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 31, 2012 |
IVV vs PICK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares MSCI Global Metals & Mining Producers ETF (PICK) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +23.70% while PICK returned +65.13%. Year to date, IVV is up 13.80% versus a gain of 21.54% for PICK.
Over three years, IVV compounded at +21.49% per year against +19.08% for PICK; over five years the annualized figures are +13.43% and +11.11% respectively. Across the full 15-year window we track, IVV has the edge at +7.05% annualized vs +5.51%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PICK has been the more volatile fund, with annualized monthly volatility of 27.2% 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 -80.4% for PICK. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PICK charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.26% for PICK.
Holdings Overlap
IVV and PICK share 4 holdings out of 750 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PICK?
IVV has an expense ratio of 0.03% while PICK charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or PICK?
Over the past year IVV returned +23.70% vs +65.13% for PICK, so PICK leads on 1-year performance. Over the longest common window we track (15 years), IVV annualized +7.05% vs +5.51% for PICK. Past performance does not guarantee future results.
Which is riskier, IVV or PICK?
PICK has been the more volatile fund at 27.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PICK -80.4%.
Should I hold both IVV and PICK?
IVV and PICK have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PICK?
IVV and PICK share 4 common holdings with a 0.4% weight overlap. Combined, they hold 750 unique securities.
Which pays a higher dividend, IVV or PICK?
IVV yields 1.09% while PICK yields 2.26%, so PICK currently pays the higher dividend yield.
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