IVV vs PQJL
iShares Core S&P 500 ETF vs PGIM Nasdaq-100 Buffer 12 ETF - July
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PQJL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $23M | |
| Dividend Yield | 1.10% | 0.01% | |
| Holdings | 508 | 7 | |
| YTD Return | +12.71% | +6.48% | |
| 1Y Return | +21.89% | +12.94% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 9.5% | |
| Max Drawdown | -56.5% | -12.3% | |
| Fund Family | iShares by BlackRock (US) | PGIM Investments | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 27, 2024 |
IVV vs PQJL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and PGIM Nasdaq-100 Buffer 12 ETF - July (PQJL) is a ETF from PGIM Investments. Over the past year IVV returned +21.89% while PQJL returned +12.94%. Year to date, IVV is up 12.71% versus a gain of 6.48% for PQJL.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.5% for PQJL. 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 -12.3% for PQJL. 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 0.91. 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 PQJL charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.01% for PQJL.
Frequently Asked Questions
Which is cheaper, IVV or PQJL?
IVV has an expense ratio of 0.03% while PQJL charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or PQJL?
Over the past year IVV returned +21.89% vs +12.94% for PQJL, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +13.81% for PQJL. Past performance does not guarantee future results.
Which is riskier, IVV or PQJL?
IVV has been the more volatile fund at 15.1% annualized versus 9.5% for PQJL. Worst drawdown: IVV -56.5% vs PQJL -12.3%.
Should I hold both IVV and PQJL?
IVV and PQJL have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, IVV or PQJL?
IVV yields 1.10% while PQJL yields 0.01%, so IVV currently pays the higher dividend yield.
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