IVV vs PTH
iShares Core S&P 500 ETF vs Invesco Dorsey Wright Healthcare Momentum ETF
Which is better, IVV or PTH?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 3Y and 5Y, PTH over 1Y and the full window. PTH is less concentrated, with 37.3% 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 | PTH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $271M |
| Dividend Yield | 1.06% | 2.51% |
| Holdings | 508 | 59 |
| YTD Return | +12.39% | +24.18%Best |
| 1Y Return | +16.61% | +54.31%Best |
| 3Y Return (annualized) | +21.38%Best | +21.37% |
| 5Y Return (annualized) | +13.51%Best | +2.62% |
| Volatility (annualized) | 15.4%Best | 21.7% |
| Max Drawdown | -56.5% | -53.5%Best |
| $10,000 over 5 years | $18,844Best | $11,380 |
| Top 10 Weight | 37.8% | 37.3%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Oct 12, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Sep 18, 2026 (19.9 years).
IVV vs PTH 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 19.9 years both funds cover.
IVV vs PTH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Dorsey Wright Healthcare Momentum ETF (PTH) is an ETF from Invesco (US). Over the past year IVV returned +16.61% while PTH returned +54.31%. Year to date, IVV is up 12.39% versus a gain of 24.18% for PTH.
Over three years, IVV compounded at +21.38% per year against +21.37% for PTH; over five years the annualized figures are +13.51% and +2.62% respectively. Across the full 20-year window we track, PTH has the edge at +10.82% annualized vs +9.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTH has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 15.4% 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 -53.5% for PTH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PTH 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 1.06% against 2.51% for PTH.
Holdings Overlap
0.1% of IVV's money is in holdings PTH also owns. 8.0% of PTH's money is in holdings IVV also owns.
PTH and IVV share little of their money.
3 positions in common, counted across the 490 positions we hold weights for in IVV and 55 in PTH, against full books of 508 and 59.
What only one of them owns
Our book lists 49 positions for PTH that do not appear in our book for IVV (84.5% of the fund), and 479 for IVV that do not appear in PTH (98.5%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and PTH 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 PTH?
IVV has an expense ratio of 0.03% while PTH charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or PTH?
Over the past year IVV returned +16.61% vs +54.31% for PTH, so PTH leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.46% vs +10.82% for PTH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PTH?
PTH has been the more volatile fund at 21.7% annualized versus 15.4% for IVV. Worst drawdown: IVV -56.5% vs PTH -53.5%.
Should I hold both IVV and PTH?
IVV and PTH have a monthly-return correlation of 0.64, 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 PTH?
8.0% of PTH's money is in holdings IVV also owns. 8.0% of PTH's is in holdings IVV also owns. They hold 3 positions in common, counted across the 490 positions we hold weights for in IVV and 55 in PTH.
Which pays a higher dividend, IVV or PTH?
IVV yields 1.06% while PTH yields 2.51%, so PTH currently pays the higher dividend yield.
Is PTH better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and 5Y, PTH over 1Y and the full window. PTH is less concentrated, with 37.3% 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.