IVV vs QARP
iShares Core S&P 500 ETF vs Xtrackers Russell 1000 US QARP ETF
Which is better, IVV or QARP?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, QARP over 1Y. The two have moved almost in lockstep, correlation 0.97. QARP is less concentrated, with 30.3% 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 | QARP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.19% |
| AUM | $876.4B | $78M |
| Dividend Yield | 1.06% | 0.99% |
| Holdings | 508 | 417 |
| YTD Return | +11.57% | +13.96%Best |
| 1Y Return | +17.57% | +20.40%Best |
| 3Y Return (annualized) | +20.71%Best | +17.50% |
| 5Y Return (annualized) | +12.80%Best | +11.79% |
| Volatility (annualized) | 16.5% | 16.4%Best |
| Max Drawdown | -33.9%Best | -35.9% |
| $10,000 over 5 years | $18,262Best | $17,459 |
| Top 10 Weight | 37.9% | 30.3%Best |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 4, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Sep 10, 2026 (8.4 years).
IVV vs QARP 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 8.4 years both funds cover.
IVV vs QARP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Xtrackers Russell 1000 US QARP ETF (QARP) is an ETF from Xtrackers ETFs. Over the past year IVV returned +17.57% while QARP returned +20.40%. Year to date, IVV is up 11.57% versus a gain of 13.96% for QARP.
Over three years, IVV compounded at +20.71% per year against +17.50% for QARP; over five years the annualized figures are +12.80% and +11.79% respectively. Across the full 8-year window we track, IVV has the edge at +14.24% annualized vs +13.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 16.4% for QARP. 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 -33.9% for IVV and -35.9% for QARP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 0.99% for QARP.
Holdings Overlap
71.7% of IVV's money is in holdings QARP also owns. 92.7% of QARP's money is in holdings IVV also owns.
Most of QARP is already inside IVV. Owning both mostly buys the same companies twice.
286 positions in common, counted across the 505 positions we hold weights for in IVV and 414 in QARP, against full books of 508 and 417.
What only one of them owns
Our book lists 119 positions for QARP that do not appear in our book for IVV (5.8% of the fund), and 211 for IVV that do not appear in QARP (27.7%).
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 QARP | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.86% | 4.90% | 1.96% |
| NVDANvidia Corp. | 7.98% | 2.78% | 5.20% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 4.77% | 0.67% |
| AMZNAmazon.Com Inc | 4.01% | 2.17% | 1.84% |
| METAMeta Platforms, Inc. | 1.94% | 3.84% | 1.90% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 1.87% | 1.32% |
| BRK.BBerkshire Hathaway B | 1.43% | 2.99% | 1.56% |
| GOOGAlphabet Inc | 2.56% | 1.54% | 1.02% |
| XOMExxon Mobil Corp. | 0.94% | 2.44% | 1.50% |
| JNJJohnson & Johnson | 0.93% | 2.17% | 1.24% |
92.7% of QARP 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 QARP?
IVV has an expense ratio of 0.03% while QARP charges 0.19%. IVV is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, IVV or QARP?
Over the past year IVV returned +17.57% vs +20.40% for QARP, so QARP leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.24% vs +13.39% for QARP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QARP?
IVV has been the more volatile fund at 16.5% annualized versus 16.4% for QARP. Worst drawdown: IVV -33.9% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and QARP?
92.7% of QARP's money is in holdings IVV also owns. 92.7% of QARP's is in holdings IVV also owns. They hold 286 positions in common, counted across the 505 positions we hold weights for in IVV and 414 in QARP.
Which pays a higher dividend, IVV or QARP?
IVV yields 1.06% while QARP yields 0.99%, so IVV currently pays the higher dividend yield.
Is QARP better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, QARP over 1Y. The two have moved almost in lockstep, correlation 0.97. QARP is less concentrated, with 30.3% 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.