IVV vs PSCM
iShares Core S&P 500 ETF vs Invesco S&P SmallCap Materials ETF
Which is better, IVV or PSCM?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, PSCM over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 64.0%.
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 | PSCM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $876.4B | $21M |
| Dividend Yield | 1.06% | 1.00% |
| Holdings | 508 | 27 |
| YTD Return | +12.39%Best | +10.63% |
| 1Y Return | +16.61% | +19.43%Best |
| 3Y Return (annualized) | +21.38%Best | +13.77% |
| 5Y Return (annualized) | +13.51%Best | +9.81% |
| Volatility (annualized) | 14.5%Best | 24.4% |
| Max Drawdown | -33.9%Best | -52.5% |
| $10,000 over 5 years | $18,844Best | $15,966 |
| Top 10 Weight | 37.8%Best | 64.0% |
| 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 Sep 18, 2026 (16.4 years).
IVV vs PSCM 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 16.4 years both funds cover.
IVV vs PSCM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco S&P SmallCap Materials ETF (PSCM) is an ETF from Invesco (US). Over the past year IVV returned +16.61% while PSCM returned +19.43%. Year to date, IVV is up 12.39% versus a gain of 10.63% for PSCM.
Over three years, IVV compounded at +21.38% per year against +13.77% for PSCM; over five years the annualized figures are +13.51% and +9.81% respectively. Across the full 16-year window we track, IVV has the edge at +12.53% annualized vs +8.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCM has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 14.5% 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 -52.5% for PSCM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PSCM 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 1.06% against 1.00% for PSCM.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 26 in PSCM, totalling 99.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 26 in PSCM, against full books of 508 and 27.
What only one of them owns
Measured across the 490 and 26 positions we hold weights for.
IVV holds 482 positions PSCM does not, 98.6% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, AMZN 3.84%, GOOGL 3.00%
You are not choosing between two funds in isolation.
Whichever of IVV and PSCM 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 PSCM?
IVV has an expense ratio of 0.03% while PSCM charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or PSCM?
Over the past year IVV returned +16.61% vs +19.43% for PSCM, so PSCM leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +12.53% vs +8.53% for PSCM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSCM?
PSCM has been the more volatile fund at 24.4% annualized versus 14.5% for IVV. Worst drawdown: IVV -33.9% vs PSCM -52.5%.
Should I hold both IVV and PSCM?
IVV and PSCM have a monthly-return correlation of 0.76, 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 PSCM?
IVV yields 1.06% while PSCM yields 1.00%, so IVV currently pays the higher dividend yield.
Is PSCM better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, PSCM over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 64.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.