IVV vs PZIV
iShares Core S&P 500 ETF vs Pzena International Value ETF
Which is better, IVV or PZIV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. PZIV is less concentrated, with 27.9% of the fund in its ten largest positions against 37.9%.
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 | PZIV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.70% |
| AUM | $876.4B | $16M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 56 |
| YTD Return | +12.51% | +18.25%Best |
| 1Y Return | +17.57% | - |
| 3Y Return (annualized) | +21.27% | - |
| 5Y Return (annualized) | +12.95% | - |
| Top 10 Weight | 37.9% | 27.9%Best |
| Fund Family | iShares by BlackRock (US) | Pzena Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Apr 1, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs PZIV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs PZIV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pzena International Value ETF (PZIV) is an ETF from Pzena Funds. Year to date, IVV is up 12.51% versus a gain of 18.25% for PZIV.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while PZIV charges 0.70%. On a $10,000 position that is $3 vs $70 annually, a gap of $67 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for PZIV.
Holdings Overlap
0.3% of IVV's money is in holdings PZIV also owns. 3.7% of PZIV's money is in holdings IVV also owns.
PZIV and IVV share little of their money.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 53 in PZIV, against full books of 508 and 56.
What only one of them owns
Our book lists 3 positions for PZIV that do not appear in our book for IVV (6.4% of the fund), and 493 for IVV that do not appear in PZIV (99.0%).
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 PZIV 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 PZIV?
IVV has an expense ratio of 0.03% while PZIV charges 0.70%. IVV is the cheaper option, by $67 a year on a $10,000 investment.
What is the holdings overlap between IVV and PZIV?
3.7% of PZIV's money is in holdings IVV also owns. 3.7% of PZIV's is in holdings IVV also owns. They hold 2 positions in common, counted across the 505 positions we hold weights for in IVV and 53 in PZIV.
Which pays a higher dividend, IVV or PZIV?
IVV yields 1.06% while PZIV yields 0.00%, so IVV currently pays the higher dividend yield.
Is PZIV better than IVV?
IVV has a lower expense ratio. PZIV is less concentrated, with 27.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.