IVV vs QUVU
iShares Core S&P 500 ETF vs Hartford Quality Value ETF
Which is better, IVV or QUVU?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y and the full window. QUVU is less concentrated, with 25.8% 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 | QUVU |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $876.4B | $174M |
| Dividend Yield | 1.06% | 1.87% |
| Holdings | 508 | 72 |
| Volatility (annualized) | 12.7% | 11.6%Best |
| Max Drawdown | -18.8% | -13.1%Best |
| $10,000 over 2.5 years | $16,752Best | $13,110 |
| Top 10 Weight | 37.9% | 25.8%Best |
| Fund Family | iShares by BlackRock (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 133 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 9, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Oct 16, 2023 to Apr 29, 2026 (2.5 years).
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.6% for QUVU. 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 -18.8% for IVV and -13.1% for QUVU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QUVU charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.87% for QUVU.
Holdings Overlap
26.1% of IVV's money is in holdings QUVU also owns. 87.6% of QUVU's money is in holdings IVV also owns.
Most of QUVU is already inside IVV. Owning both mostly buys the same companies twice.
The two holdings books were reported 217 days apart, IVV as of Aug 5, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
60 positions in common, counted across the 505 positions we hold weights for in IVV and 70 in QUVU, against full books of 508 and 72.
What only one of them owns
Our book lists 5 positions for QUVU that do not appear in our book for IVV (5.3% of the fund), and 435 for IVV that do not appear in QUVU (73.3%).
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 QUVU | Difference |
|---|---|---|---|
| GOOGLAlphabet A Usd 0.001 | 3.19% | 5.56% | 2.37% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 1.16% | 4.28% |
| AMZNAmazon.Com Inc | 4.01% | 1.25% | 2.76% |
| BACBank Of America Corp. | 0.62% | 2.55% | 1.93% |
| UNHUnitedhealth Group Inc. | 0.56% | 2.18% | 1.62% |
| CSCOCisco Systems Inc | 0.72% | 1.97% | 1.25% |
| QCOMQualcomm Inc. | 0.25% | 2.41% | 2.16% |
| JPMJpmorgan Chase & Co. | 1.45% | 1.16% | 0.29% |
| VVisa Inc | 0.92% | 1.64% | 0.72% |
| MRKMerck & Co. Inc. | 0.48% | 2.03% | 1.55% |
87.6% of QUVU 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 QUVU?
IVV has an expense ratio of 0.03% while QUVU charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which is riskier, IVV or QUVU?
IVV has been the more volatile fund at 12.7% annualized versus 11.6% for QUVU. Worst drawdown: IVV -18.8% vs QUVU -13.1%.
Should I hold both IVV and QUVU?
IVV and QUVU have a monthly-return correlation of 0.76, 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 QUVU?
87.6% of QUVU's money is in holdings IVV also owns. 87.6% of QUVU's is in holdings IVV also owns. They hold 60 positions in common, counted across the 505 positions we hold weights for in IVV and 70 in QUVU.
Which pays a higher dividend, IVV or QUVU?
IVV yields 1.06% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. QUVU is less concentrated, with 25.8% 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.