IVV vs PSCH
iShares Core S&P 500 ETF vs Invesco S&P SmallCap Health Care ETF
Quick Verdict
IVV has a lower expense ratio. PSCH delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PSCH | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $907.0B | $183M | |
| Dividend Yield | 1.10% | 0.01% | |
| Holdings | 508 | 80 | |
| YTD Return | +14.29% | +26.12% | |
| 1Y Return | +21.79% | +38.85% | |
| 3Y Return (annualized) | +22.19% | +9.83% | |
| 5Y Return (annualized) | +13.28% | -1.82% | |
| Volatility (annualized) | 15.1% | 19.7% | |
| Max Drawdown | -56.5% | -46.3% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 7, 2010 |
IVV vs PSCH Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P SmallCap Health Care ETF (PSCH) is a ETF from Invesco (US). Over the past year IVV returned +21.79% while PSCH returned +38.85%. Year to date, IVV is up 14.29% versus a gain of 26.12% for PSCH.
Over three years, IVV compounded at +22.19% per year against +9.83% for PSCH; over five years the annualized figures are +13.28% and -1.82% respectively. Across the full 16-year window we track, PSCH has the edge at +12.40% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCH has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -46.3% for PSCH. 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PSCH 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 1.10% against 0.01% for PSCH.
Holdings Overlap
IVV and PSCH share 0 holdings out of 582 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PSCH?
IVV has an expense ratio of 0.03% while PSCH charges 0.29%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or PSCH?
Over the past year IVV returned +21.79% vs +38.85% for PSCH, so PSCH leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +7.06% vs +12.40% for PSCH. Past performance does not guarantee future results.
Which is riskier, IVV or PSCH?
PSCH has been the more volatile fund at 19.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PSCH -46.3%.
Should I hold both IVV and PSCH?
IVV and PSCH have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PSCH?
IVV and PSCH share 0 common holdings with a 0.0% weight overlap. Combined, they hold 582 unique securities.
Which pays a higher dividend, IVV or PSCH?
IVV yields 1.10% while PSCH yields 0.01%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.