IVV vs PSET
iShares Core S&P 500 ETF vs Principal Quality ETF
Which is better, IVV or PSET?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. PSET is less concentrated, with 32.5% of the fund in its ten largest positions against 37.8%.
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 | PSET |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $29M |
| Dividend Yield | 1.06% | 0.67% |
| Holdings | 508 | 75 |
| YTD Return | +12.39%Best | +2.53% |
| 1Y Return | +16.61%Best | +2.81% |
| 3Y Return (annualized) | +21.38%Best | +12.29% |
| 5Y Return (annualized) | +13.51%Best | +8.18% |
| Volatility (annualized) | 15.1%Tie | 15.1%Tie |
| Max Drawdown | -33.9%Best | -34.8% |
| $10,000 over 5 years | $18,844Best | $14,816 |
| Top 10 Weight | 37.8% | 32.5%Best |
| Fund Family | iShares by BlackRock (US) | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Mar 21, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Mar 22, 2016 to Sep 18, 2026 (10.5 years).
IVV vs PSET 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 10.5 years both funds cover.
IVV vs PSET Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Principal Quality ETF (PSET) is an ETF from Principal Funds. Over the past year IVV returned +16.61% while PSET returned +2.81%. Year to date, IVV is up 12.39% versus a gain of 2.53% for PSET.
Over three years, IVV compounded at +21.38% per year against +12.29% for PSET; over five years the annualized figures are +13.51% and +8.18% respectively. Across the full 11-year window we track, IVV has the edge at +14.14% annualized vs +11.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV and PSET have been equally volatile, both at 15.1% annualized.
The deepest peak-to-trough decline in our data was -33.9% for IVV and -34.8% for PSET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 PSET charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.67% for PSET.
Holdings Overlap
45.3% of IVV's money is in holdings PSET also owns. 92.7% of PSET's money is in holdings IVV also owns.
Most of PSET is already inside IVV. Owning both mostly buys the same companies twice.
66 positions in common, counted across the 490 positions we hold weights for in IVV and 73 in PSET, against full books of 508 and 75.
What only one of them owns
Our book lists 5 positions for PSET that do not appear in our book for IVV (5.0% of the fund), and 417 for IVV that do not appear in PSET (53.4%).
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 PSET | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 6.73% | 1.34% |
| AAPLApple, Inc | 7.02% | 5.68% | 1.34% |
| MSFTMicrosoft Corp | 5.69% | 4.23% | 1.46% |
| AMZNAmazon.Com Inc | 3.84% | 2.31% | 1.53% |
| GOOGAlphabet Inc | 2.39% | 2.77% | 0.38% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.23% | 1.77% |
| AVGOBroadcom Inc | 2.65% | 1.22% | 1.43% |
| PANWPalo Alto Networks, Inc | 0.47% | 2.80% | 2.33% |
| VVisa Inc Class A | 0.95% | 2.21% | 1.26% |
| METAMeta Platforms Inc | 1.90% | 0.75% | 1.15% |
92.7% of PSET is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PSET?
IVV has an expense ratio of 0.03% while PSET charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or PSET?
Over the past year IVV returned +16.61% vs +2.81% for PSET, so IVV leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +14.14% vs +11.96% for PSET. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSET?
IVV and PSET have been equally volatile, both at 15.1% annualized. Worst drawdown: IVV -33.9% vs PSET -34.8%.
Should I hold both IVV and PSET?
IVV and PSET have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and PSET?
92.7% of PSET's money is in holdings IVV also owns. 92.7% of PSET's is in holdings IVV also owns. They hold 66 positions in common, counted across the 490 positions we hold weights for in IVV and 73 in PSET.
Which pays a higher dividend, IVV or PSET?
IVV yields 1.06% while PSET yields 0.67%, so IVV currently pays the higher dividend yield.
Is PSET better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. PSET is less concentrated, with 32.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.