IVV vs QVOY
iShares Core S&P 500 ETF vs Q3 All-Season Active Rotation 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 | QVOY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.16% | |
| AUM | $907.0B | $66M | |
| Dividend Yield | 1.10% | 0.57% | |
| Holdings | 508 | 12 | |
| YTD Return | +12.71% | +9.85% | |
| 1Y Return | +21.89% | +13.17% | |
| 3Y Return (annualized) | +22.08% | +8.80% | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.2% | |
| Max Drawdown | -56.5% | -17.1% | |
| Fund Family | iShares by BlackRock (US) | Q3 Asset Management | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 6, 2022 |
IVV vs QVOY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Q3 All-Season Active Rotation ETF (QVOY) is a ETF from Q3 Asset Management. Over the past year IVV returned +21.89% while QVOY returned +13.17%. Year to date, IVV is up 12.71% versus a gain of 9.85% for QVOY.
Over three years, IVV compounded at +22.08% per year against +8.80% for QVOY. Across the full 4-year window we track, QVOY has the edge at +9.49% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.2% for QVOY. 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 -17.1% for QVOY. 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 0.78. 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 1.16%. On a $10,000 position that is $3 vs $116 annually, a gap of $113 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.57% for QVOY.
Holdings Overlap
IVV and QVOY share 0 holdings out of 516 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or QVOY?
IVV has an expense ratio of 0.03% while QVOY charges 1.16%. IVV is the cheaper option. On a $10,000 investment, that is $113 per year of difference.
Which performed better, IVV or QVOY?
Over the past year IVV returned +21.89% vs +13.17% for QVOY, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.00% vs +9.49% for QVOY. Past performance does not guarantee future results.
Which is riskier, IVV or QVOY?
IVV has been the more volatile fund at 15.1% annualized versus 14.2% for QVOY. Worst drawdown: IVV -56.5% vs QVOY -17.1%.
Should I hold both IVV and QVOY?
IVV and QVOY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and QVOY?
IVV and QVOY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, IVV or QVOY?
IVV yields 1.10% while QVOY yields 0.57%, so IVV currently pays the higher dividend yield.
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