IVV vs QUSA
iShares Core S&P 500 ETF vs VistaShares Target 15 USA Quality Income 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 | QUSA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.97% | |
| AUM | $907.0B | $22M | |
| Dividend Yield | 1.10% | 15.57% | |
| Holdings | 508 | 97 | |
| YTD Return | +12.71% | +9.87% | |
| 1Y Return | +21.89% | +5.10% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 10.1% | |
| Max Drawdown | -56.5% | -9.5% | |
| Fund Family | iShares by BlackRock (US) | VistaShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 6, 2025 |
IVV vs QUSA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VistaShares Target 15 USA Quality Income ETF (QUSA) is a ETF from VistaShares. Over the past year IVV returned +21.89% while QUSA returned +5.10%. Year to date, IVV is up 12.71% versus a gain of 9.87% for QUSA.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.1% for QUSA. 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 -9.5% for QUSA. 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QUSA charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 15.57% for QUSA.
Holdings Overlap
IVV and QUSA share 27 holdings out of 508 unique holdings combined, representing a 35.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QUSA?
IVV has an expense ratio of 0.03% while QUSA charges 0.97%. IVV is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, IVV or QUSA?
Over the past year IVV returned +21.89% vs +5.10% for QUSA, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.00% vs +7.96% for QUSA. Past performance does not guarantee future results.
Which is riskier, IVV or QUSA?
IVV has been the more volatile fund at 15.1% annualized versus 10.1% for QUSA. Worst drawdown: IVV -56.5% vs QUSA -9.5%.
Should I hold both IVV and QUSA?
IVV and QUSA have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QUSA?
IVV and QUSA share 27 common holdings with a 35.5% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or QUSA?
IVV yields 1.10% while QUSA yields 15.57%, so QUSA currently pays the higher dividend yield.
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