IVV vs QTPI
iShares Core S&P 500 ETF vs North Square RCIM Tax-Advantaged Preferred and Income Securities ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | QTPI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.60% | |
| AUM | $907.0B | $80M | |
| Dividend Yield | 1.10% | 4.70% | |
| Holdings | 508 | 56 | |
| YTD Return | +12.28% | +1.05% | |
| 1Y Return | +20.94% | +3.62% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 2.6% | |
| Max Drawdown | -56.5% | -4.1% | |
| Fund Family | iShares by BlackRock (US) | North Square Investments, LLC | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Dec 18, 2024 |
IVV vs QTPI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is a ETF from North Square Investments, LLC. Over the past year IVV returned +20.94% while QTPI returned +3.62%. Year to date, IVV is up 12.28% versus a gain of 1.05% for QTPI.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 2.6% for QTPI. 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 -4.1% for QTPI. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QTPI 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 1.10% against 4.70% for QTPI.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, IVV or QTPI?
IVV has an expense ratio of 0.03% while QTPI charges 0.60%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, IVV or QTPI?
Over the past year IVV returned +20.94% vs +3.62% for QTPI, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.98% vs +5.35% for QTPI. Past performance does not guarantee future results.
Which is riskier, IVV or QTPI?
IVV has been the more volatile fund at 15.1% annualized versus 2.6% for QTPI. Worst drawdown: IVV -56.5% vs QTPI -4.1%.
Should I hold both IVV and QTPI?
IVV and QTPI have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QTPI?
IVV and QTPI share 2 common holdings with a 0.4% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, IVV or QTPI?
IVV yields 1.10% while QTPI yields 4.70%, so QTPI currently pays the higher dividend yield.
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