IVV vs QRMI
iShares Core S&P 500 ETF vs Global X NASDAQ 100 Risk Managed Income ETF
Which is better, IVV or QRMI?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | QRMI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $15M |
| Dividend Yield | 1.06% | 12.42% |
| Holdings | 508 | 109 |
| YTD Return | +12.51%Best | +3.30% |
| 1Y Return | +17.57%Best | +8.16% |
| 3Y Return (annualized) | +21.27%Best | +7.49% |
| 5Y Return (annualized) | +12.95%Best | +1.79% |
| Volatility (annualized) | 15.8% | 7.7%Best |
| Max Drawdown | -24.5% | -20.9%Best |
| $10,000 over 5 years | $18,384Best | $10,928 |
| Fund Family | iShares by BlackRock (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Aug 25, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Sep 11, 2026 (5 years).
IVV vs QRMI 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 5 years both funds cover.
IVV vs QRMI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an ETF from GLOBALXETFS. Over the past year IVV returned +17.57% while QRMI returned +8.16%. Year to date, IVV is up 12.51% versus a gain of 3.30% for QRMI.
Over three years, IVV compounded at +21.27% per year against +7.49% for QRMI; over five years the annualized figures are +12.95% and +1.79% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 7.7% for QRMI. 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 -24.5% for IVV and -20.9% for QRMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QRMI 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 12.42% for QRMI.
Holdings Overlap
At least 54.1% of IVV's money is in holdings QRMI also owns.
Only one direction is shown: for QRMI, our book for it lists positions totalling 105.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
87 positions in common, counted across the 505 positions we hold weights for in IVV and 102 in QRMI, against full books of 508 and 109.
Top Shared Holdings
| Stock | Weight in IVV | Weight in QRMI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 8.97% | 0.99% |
| AAPLApple, Inc | 6.86% | 7.40% | 0.54% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 6.06% | 0.62% |
| AMZNAmazon.Com Inc | 4.01% | 4.65% | 0.64% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 3.31% | 0.12% |
| MUMicron Technology, Inc. | 1.51% | 4.98% | 3.47% |
| AVGOBroadcom Inc | 2.98% | 3.07% | 0.09% |
| GOOGAlphabet Inc | 2.56% | 3.08% | 0.52% |
| AMDAdvanced Micro Devices Inc. | 1.18% | 3.81% | 2.63% |
| METAMeta Platforms, Inc. | 1.94% | 2.88% | 0.94% |
54.1% of IVV is already inside QRMI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, IVV or QRMI?
IVV has an expense ratio of 0.03% while QRMI charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or QRMI?
Over the past year IVV returned +17.57% vs +8.16% for QRMI, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QRMI?
IVV has been the more volatile fund at 15.8% annualized versus 7.7% for QRMI. Worst drawdown: IVV -24.5% vs QRMI -20.9%.
Should I hold both IVV and QRMI?
IVV and QRMI have a monthly-return correlation of 0.78, 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 QRMI?
At least 54.1% of IVV's money is in holdings QRMI also owns. Our book for QRMI is partial, so the real figure is this or higher. They hold 87 positions in common, counted across the 505 positions we hold weights for in IVV and 102 in QRMI.
Which pays a higher dividend, IVV or QRMI?
IVV yields 1.06% while QRMI yields 12.42%, so QRMI currently pays the higher dividend yield.
Is QRMI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.