IVV vs PSI
iShares Core S&P 500 ETF vs Invesco Semiconductors ETF
Which is better, IVV or PSI?
PSI has been ahead.
IVV has a lower expense ratio. PSI led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.9%.
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 | PSI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.56% |
| AUM | $886.7B | $2.4B |
| Dividend Yield | 1.10% | 0.04% |
| Holdings | 508 | 32 |
| YTD Return | +12.70% | +68.92%Best |
| 1Y Return | +19.36% | +115.78%Best |
| 3Y Return (annualized) | +21.16% | +47.42%Best |
| 5Y Return (annualized) | +12.75% | +26.82%Best |
| Volatility (annualized) | 15.0%Best | 28.8% |
| Max Drawdown | -56.5% | - |
| $10,000 over 5 years | $18,221 | $32,805Best |
| Top 10 Weight | 37.9%Best | 49.9% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 23, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2005 to Sep 8, 2026 (21.2 years).
IVV vs PSI 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 21.2 years both funds cover.
IVV vs PSI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Semiconductors ETF (PSI) is an ETF from Invesco (US). Over the past year IVV returned +19.36% while PSI returned +115.78%. Year to date, IVV is up 12.70% versus a gain of 68.92% for PSI.
Over three years, IVV compounded at +21.16% per year against +47.42% for PSI; over five years the annualized figures are +12.75% and +26.82% respectively. Across the full 21-year window we track, PSI has the edge at +17.10% annualized vs +9.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSI has been the more volatile fund, with annualized monthly volatility of 28.8% compared with 15.0% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
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 PSI charges 0.56%. On a $10,000 position that is $3 vs $56 annually, a gap of $53 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.04% for PSI.
Holdings Overlap
12.3% of IVV's money is in holdings PSI also owns. 43.4% of PSI's money is in holdings IVV also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 504 positions we hold weights for in IVV and 31 in PSI, against full books of 508 and 32.
What only one of them owns
Our book lists 19 positions for PSI that do not appear in our book for IVV (45.8% of the fund), and 484 for IVV that do not appear in PSI (86.9%).
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 PSI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 5.45% | 2.53% |
| AMATApplied Materials, Inc. | 0.64% | 6.63% | 5.99% |
| MUMicron Technology, Inc. | 1.51% | 5.50% | 3.99% |
| LRCXLam Resh Corp | 0.58% | 5.44% | 4.86% |
| KLACKla Corp. | 0.38% | 5.36% | 4.98% |
| ADIAnalog Devices, Inc. | 0.28% | 5.00% | 4.72% |
| INTCIntel Corp. | 0.72% | 4.51% | 3.79% |
| TERTeradyne Inc | 0.09% | 3.12% | 3.03% |
| MPWRMonolithic Power Systems Inc | 0.10% | 2.42% | 2.32% |
43.4% of PSI 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 PSI?
IVV has an expense ratio of 0.03% while PSI charges 0.56%. IVV is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, IVV or PSI?
Over the past year IVV returned +19.36% vs +115.78% for PSI, so PSI leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.55% vs +17.10% for PSI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSI?
PSI has been the more volatile fund at 28.8% annualized versus 15.0% for IVV.
Should I hold both IVV and PSI?
IVV and PSI 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.
What is the holdings overlap between IVV and PSI?
43.4% of PSI's money is in holdings IVV also owns. 43.4% of PSI's is in holdings IVV also owns. They hold 9 positions in common, counted across the 504 positions we hold weights for in IVV and 31 in PSI.
Which pays a higher dividend, IVV or PSI?
IVV yields 1.10% while PSI yields 0.04%, so IVV currently pays the higher dividend yield.
Is PSI better than IVV?
IVV has a lower expense ratio. PSI led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.