IVV vs POCT
iShares Core S&P 500 ETF vs Innovator US Equity Power Buffer ETF - October
Which is better, IVV or POCT?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 38.8%.
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 | POCT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $850.0B | $1.1B |
| Dividend Yield | 1.09% | 0.00% |
| Holdings | 1,018 | 1,015 |
| YTD Return | +12.12%Best | +9.29% |
| 1Y Return | +12.53%Best | +10.32% |
| 3Y Return (annualized) | +21.54%Best | +11.44% |
| 5Y Return (annualized) | +11.93%Best | +9.72% |
| Volatility (annualized) | 16.6% | 7.5%Best |
| Max Drawdown | -33.9% | -18.8%Best |
| $10,000 over 5 years | $17,568Best | $15,901 |
| Top 10 Weight | 38.8% | 38.4%Best |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Sep 28, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2018 to Nov 11, 2026 (8.1 years).
IVV vs POCT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.1 years both funds cover.
IVV vs POCT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust. Over the past year IVV returned +12.53% while POCT returned +10.32%. Year to date, IVV is up 12.12% versus a gain of 9.29% for POCT.
Over three years, IVV compounded at +21.54% per year against +11.44% for POCT; over five years the annualized figures are +11.93% and +9.72% respectively. Across the full 8-year window we track, IVV has the edge at +13.59% annualized vs +8.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 7.5% for POCT. 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 -33.9% for IVV and -18.8% for POCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. 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 POCT charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for POCT.
Holdings Overlap
98.3% of IVV's money is in holdings POCT also owns. 97.8% of POCT's money is in holdings IVV also owns.
Most of IVV is already inside POCT. Owning both mostly buys the same companies twice.
488 positions in common, counted across the 505 positions we hold weights for in IVV and 494 in POCT, against full books of 1,018 and 1,015.
What only one of them owns
Our book lists 6 positions for POCT that do not appear in our book for IVV (1.0% of the fund), and 11 for IVV that do not appear in POCT (1.3%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in POCT | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.04% | 7.96% | 0.08% |
| AAPLApple Inc | 7.51% | 7.44% | 0.07% |
| MSFTMicrosoft Corp | 5.95% | 5.89% | 0.06% |
| AMZNAmazon.Com Inc | 3.74% | 3.71% | 0.03% |
| GOOGLAlphabet Inc | 3.06% | 3.03% | 0.03% |
| AVGOBroadcom Inc | 2.47% | 2.45% | 0.02% |
| GOOGAlphabet Inc. C | 2.45% | 2.43% | 0.02% |
| METAMeta Platforms Inc | 2.44% | 2.42% | 0.02% |
| TSLATesla Inc | 1.55% | 1.54% | 0.01% |
| MUMicron Technology, Inc. | 1.55% | 1.53% | 0.02% |
98.3% of IVV is already inside POCT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or POCT?
IVV has an expense ratio of 0.03% while POCT charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or POCT?
Over the past year IVV returned +12.53% vs +10.32% for POCT, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +13.59% vs +8.87% for POCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or POCT?
IVV has been the more volatile fund at 16.6% annualized versus 7.5% for POCT. Worst drawdown: IVV -33.9% vs POCT -18.8%.
Should I hold both IVV and POCT?
IVV and POCT have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and POCT?
98.3% of IVV's money is in holdings POCT also owns. 97.8% of POCT's is in holdings IVV also owns. They hold 488 positions in common, counted across the 505 positions we hold weights for in IVV and 494 in POCT.
Which pays a higher dividend, IVV or POCT?
IVV yields 1.09% while POCT yields 0.00%, so IVV currently pays the higher dividend yield.
Is POCT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.