IVV vs QSML

Quick Verdict

IVV has a lower expense ratio. QSML delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: QSMLMore Diversified: IVV

Side-by-Side Comparison

MetricIVVQSMLWinner
Expense Ratio0.03%0.38%
AUM$865.2B$12M
Dividend Yield1.09%0.54%
Holdings508391
YTD Return+13.80%+21.04%
1Y Return+23.70%+32.06%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%17.8%
Max Drawdown-56.5%-28.3%
Fund FamilyiShares by BlackRock (US)WisdomTree Investments
CategoryEquityEquity
InceptionMay 15, 2000Jan 25, 2024

IVV vs QSML Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and WisdomTree US SmallCap Quality Growth Fund (QSML) is a ETF from WisdomTree Investments. Over the past year IVV returned +23.70% while QSML returned +32.06%. Year to date, IVV is up 13.80% versus a gain of 21.04% for QSML.

Risk: Volatility and Drawdowns

QSML has been the more volatile fund, with annualized monthly volatility of 17.8% 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 -28.3% for QSML. 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 0.72. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while QSML charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.54% for QSML.

Holdings Overlap

0.1%overlap

IVV and QSML share 1 holdings out of 891 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in QSMLDifference
NUVL0.62%0.06%0.56%

Frequently Asked Questions

Which is cheaper, IVV or QSML?

IVV has an expense ratio of 0.03% while QSML charges 0.38%. IVV is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, IVV or QSML?

Over the past year IVV returned +23.70% vs +32.06% for QSML, so QSML leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +14.77% for QSML. Past performance does not guarantee future results.

Which is riskier, IVV or QSML?

QSML has been the more volatile fund at 17.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs QSML -28.3%.

Should I hold both IVV and QSML?

IVV and QSML have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and QSML?

IVV and QSML share 1 common holdings with a 0.1% weight overlap. Combined, they hold 891 unique securities.

Which pays a higher dividend, IVV or QSML?

IVV yields 1.09% while QSML yields 0.54%, so IVV currently pays the higher dividend yield.

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