IVV vs QVOY
iShares Core S&P 500 ETF vs Q3 All-Season Active Rotation ETF
Which is better, IVV or QVOY?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 97.4%.
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 | QVOY |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.32% |
| AUM | $876.4B | $65M |
| Dividend Yield | 1.06% | 0.56% |
| Holdings | 508 | 13 |
| YTD Return | +12.51%Best | +7.09% |
| 1Y Return | +17.57%Best | +3.75% |
| 3Y Return (annualized) | +21.27%Best | +6.75% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.5%Best | 14.1% |
| Max Drawdown | -18.8% | -17.1%Best |
| $10,000 over 3.8 years | $20,634Best | $13,682 |
| Top 10 Weight | 37.9%Best | 97.4% |
| Fund Family | iShares by BlackRock (US) | Q3 Asset Management |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Dec 6, 2022 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 7, 2022 to Sep 11, 2026 (3.8 years).
IVV vs QVOY 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 3.8 years both funds cover.
IVV vs QVOY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Q3 All-Season Active Rotation ETF (QVOY) is an ETF from Q3 Asset Management. Over the past year IVV returned +17.57% while QVOY returned +3.75%. Year to date, IVV is up 12.51% versus a gain of 7.09% for QVOY.
Over three years, IVV compounded at +21.27% per year against +6.75% for QVOY. Across the full 4-year window we track, IVV has the edge at +21.00% annualized vs +8.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVOY has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.5% 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 -18.8% for IVV and -17.1% for QVOY. 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 QVOY charges 1.32%. On a $10,000 position that is $3 vs $132 annually, a gap of $129 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.56% for QVOY.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 12 in QVOY, totalling 100.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 12 in QVOY, against full books of 508 and 13.
What only one of them owns
Measured across the 505 and 12 positions we hold weights for.
IVV holds 495 positions QVOY does not, 99.3% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
You are not choosing between two funds in isolation.
Whichever of IVV and QVOY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or QVOY?
IVV has an expense ratio of 0.03% while QVOY charges 1.32%. IVV is the cheaper option, by $129 a year on a $10,000 investment.
Which performed better, IVV or QVOY?
Over the past year IVV returned +17.57% vs +3.75% for QVOY, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.00% vs +8.60% for QVOY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QVOY?
QVOY has been the more volatile fund at 14.1% annualized versus 12.5% for IVV. Worst drawdown: IVV -18.8% vs QVOY -17.1%.
Should I hold both IVV and QVOY?
IVV and QVOY 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.
Which pays a higher dividend, IVV or QVOY?
IVV yields 1.06% while QVOY yields 0.56%, so IVV currently pays the higher dividend yield.
Is QVOY better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 97.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.