IVV vs PSCF
iShares Core S&P 500 ETF vs Invesco S&P SmallCap Financials ETF
Which is better, IVV or PSCF?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, PSCF over 1Y. PSCF is less concentrated, with 15.4% 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 | PSCF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $850.0B | $30M |
| Dividend Yield | 1.09% | 2.19% |
| Holdings | 1,018 | 325 |
| YTD Return | +12.12% | +13.53%Best |
| 1Y Return | +12.53% | +16.59%Best |
| 3Y Return (annualized) | +21.54%Best | +19.51% |
| 5Y Return (annualized) | +11.93%Best | +2.91% |
| Volatility (annualized) | 14.4%Best | 19.5% |
| Max Drawdown | -33.9%Best | -49.9% |
| $10,000 over 5 years | $17,568Best | $11,542 |
| Top 10 Weight | 38.8% | 15.4%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Apr 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Apr 7, 2010 to Nov 11, 2026 (16.6 years).
IVV vs PSCF 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 16.6 years both funds cover.
IVV vs PSCF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P SmallCap Financials ETF (PSCF) is an ETF from Invesco (US). Over the past year IVV returned +12.53% while PSCF returned +16.59%. Year to date, IVV is up 12.12% versus a gain of 13.53% for PSCF.
Over three years, IVV compounded at +21.54% per year against +19.51% for PSCF; over five years the annualized figures are +11.93% and +2.91% respectively. Across the full 17-year window we track, IVV has the edge at +12.40% annualized vs +6.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCF has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 14.4% 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 -33.9% for IVV and -49.9% for PSCF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PSCF charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.19% for PSCF.
Holdings Overlap
0.1% of IVV's money is in holdings PSCF also owns. 0.5% of PSCF's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 160 in PSCF, against full books of 1,018 and 325.
What only one of them owns
Our book lists 156 positions for PSCF that do not appear in our book for IVV (97.9% of the fund), and 498 for IVV that do not appear in PSCF (99.5%).
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 PSCF | Difference |
|---|---|---|---|
| CORCencora Inc | 0.10% | 0.48% | 0.38% |
You are not choosing between two funds in isolation.
Whichever of IVV and PSCF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PSCF?
IVV has an expense ratio of 0.03% while PSCF charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or PSCF?
Over the past year IVV returned +12.53% vs +16.59% for PSCF, so PSCF leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +12.40% vs +6.64% for PSCF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSCF?
PSCF has been the more volatile fund at 19.5% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs PSCF -49.9%.
Should I hold both IVV and PSCF?
IVV and PSCF have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or PSCF?
IVV yields 1.09% while PSCF yields 2.19%, so PSCF currently pays the higher dividend yield.
Is PSCF better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, PSCF over 1Y. PSCF is less concentrated, with 15.4% 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.