IVV vs QARP
iShares Core S&P 500 ETF vs Xtrackers Russell 1000 US QARP ETF
Quick Verdict
IVV has a lower expense ratio. QARP delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | QARP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.19% | |
| AUM | $865.2B | $76M | |
| Dividend Yield | 1.09% | 1.05% | |
| Holdings | 508 | 352 | |
| YTD Return | +14.50% | +16.29% | |
| 1Y Return | +22.02% | +24.36% | |
| 3Y Return (annualized) | +21.80% | +18.41% | |
| 5Y Return (annualized) | +13.37% | +12.22% | |
| Volatility (annualized) | 15.1% | 16.5% | |
| Max Drawdown | -56.5% | -35.9% | |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 4, 2018 |
IVV vs QARP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Xtrackers Russell 1000 US QARP ETF (QARP) is a ETF from Xtrackers ETFs. Over the past year IVV returned +22.02% while QARP returned +24.36%. Year to date, IVV is up 14.50% versus a gain of 16.29% for QARP.
Over three years, IVV compounded at +21.80% per year against +18.41% for QARP; over five years the annualized figures are +13.37% and +12.22% respectively. Across the full 8-year window we track, QARP has the edge at +13.79% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QARP has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.1% 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 -35.9% for QARP. 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 0.97. 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 QARP charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.05% for QARP.
Holdings Overlap
IVV and QARP share 241 holdings out of 612 unique holdings combined, representing a 49.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QARP?
IVV has an expense ratio of 0.03% while QARP charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, IVV or QARP?
Over the past year IVV returned +22.02% vs +24.36% for QARP, so QARP leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +7.07% vs +13.79% for QARP. Past performance does not guarantee future results.
Which is riskier, IVV or QARP?
QARP has been the more volatile fund at 16.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QARP -35.9%.
Should I hold both IVV and QARP?
IVV and QARP have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and QARP?
IVV and QARP share 241 common holdings with a 49.8% weight overlap. Combined, they hold 612 unique securities.
Which pays a higher dividend, IVV or QARP?
IVV yields 1.09% while QARP yields 1.05%, so IVV currently pays the higher dividend yield.
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