IVV vs PSCI
iShares Core S&P 500 ETF vs Invesco S&P SmallCap Industrials ETF
Quick Verdict
IVV has a lower expense ratio. PSCI delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PSCI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $865.2B | $190M | |
| Dividend Yield | 1.09% | 1.14% | |
| Holdings | 508 | 93 | |
| YTD Return | +13.72% | +20.44% | |
| 1Y Return | +21.64% | +26.42% | |
| 3Y Return (annualized) | +21.55% | +21.88% | |
| 5Y Return (annualized) | +13.27% | +15.12% | |
| Volatility (annualized) | 15.1% | 21.6% | |
| 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 PSCI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco S&P SmallCap Industrials ETF (PSCI) is a ETF from Invesco (US). Over the past year IVV returned +21.64% while PSCI returned +26.42%. Year to date, IVV is up 13.72% versus a gain of 20.44% for PSCI.
Over three years, IVV compounded at +21.55% per year against +21.88% for PSCI; over five years the annualized figures are +13.27% and +15.12% respectively. Across the full 16-year window we track, PSCI has the edge at +13.18% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCI has been the more volatile fund, with annualized monthly volatility of 21.6% 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 PSCI. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PSCI 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 1.14% for PSCI.
Holdings Overlap
IVV and PSCI share 0 holdings out of 593 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 PSCI?
IVV has an expense ratio of 0.03% while PSCI 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 PSCI?
Over the past year IVV returned +21.64% vs +26.42% for PSCI, so PSCI leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +7.04% vs +13.18% for PSCI. Past performance does not guarantee future results.
Which is riskier, IVV or PSCI?
PSCI has been the more volatile fund at 21.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PSCI -46.3%.
Should I hold both IVV and PSCI?
IVV and PSCI have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PSCI?
IVV and PSCI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 593 unique securities.
Which pays a higher dividend, IVV or PSCI?
IVV yields 1.09% while PSCI yields 1.14%, so PSCI currently pays the higher dividend yield.
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