IVV vs PSL
iShares Core S&P 500 ETF vs Invesco Dorsey Wright Consumer Staples Momentum ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PSL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.60% | |
| AUM | $865.2B | $84M | |
| Dividend Yield | 1.09% | 0.75% | |
| Holdings | 508 | 50 | |
| YTD Return | +13.43% | +13.90% | |
| 1Y Return | +22.61% | +3.70% | |
| 3Y Return (annualized) | +21.47% | +10.04% | |
| 5Y Return (annualized) | +13.26% | +5.52% | |
| Volatility (annualized) | 15.1% | 13.9% | |
| Max Drawdown | -56.5% | -42.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 12, 2006 |
IVV vs PSL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) is a ETF from Invesco (US). Over the past year IVV returned +22.61% while PSL returned +3.70%. Year to date, IVV is up 13.43% versus a gain of 13.90% for PSL.
Over three years, IVV compounded at +21.47% per year against +10.04% for PSL; over five years the annualized figures are +13.26% and +5.52% respectively. Across the full 20-year window we track, PSL has the edge at +8.25% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.9% for PSL. 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 -42.0% for PSL. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PSL charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.75% for PSL.
Holdings Overlap
IVV and PSL share 15 holdings out of 538 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PSL?
IVV has an expense ratio of 0.03% while PSL charges 0.60%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, IVV or PSL?
Over the past year IVV returned +22.61% vs +3.70% for PSL, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +7.03% vs +8.25% for PSL. Past performance does not guarantee future results.
Which is riskier, IVV or PSL?
IVV has been the more volatile fund at 15.1% annualized versus 13.9% for PSL. Worst drawdown: IVV -56.5% vs PSL -42.0%.
Should I hold both IVV and PSL?
IVV and PSL have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PSL?
IVV and PSL share 15 common holdings with a 2.8% weight overlap. Combined, they hold 538 unique securities.
Which pays a higher dividend, IVV or PSL?
IVV yields 1.09% while PSL yields 0.75%, so IVV currently pays the higher dividend yield.
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