IVV vs RND
iShares Core S&P 500 ETF vs First Trust Bloomberg R&D Leaders ETF
Which is better, IVV or RND?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 1Y, RND over the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 62.5%.
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 | RND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $10M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 100 |
| YTD Return | +11.03%Best | +6.56% |
| 1Y Return | +15.62%Best | +9.87% |
| 3Y Return (annualized) | +20.81% | - |
| 5Y Return (annualized) | +12.61% | - |
| Volatility (annualized) | 11.9%Best | 16.0% |
| Max Drawdown | -18.8%Best | -23.5% |
| $10,000 over 2.4 years | $15,573 | $16,577Best |
| Top 10 Weight | 37.8%Best | 62.5% |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 1, 2024 to Sep 16, 2026 (2.4 years).
IVV vs RND 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 2.4 years both funds cover.
IVV vs RND Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and First Trust Bloomberg R&D Leaders ETF (RND) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +15.62% while RND returned +9.87%. Year to date, IVV is up 11.03% versus a gain of 6.56% for RND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RND has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 11.9% 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 -23.5% for RND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while RND 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 1.06% against 0.00% for RND.
Holdings Overlap
45.5% of IVV's money is in holdings RND also owns. 94.6% of RND's money is in holdings IVV also owns.
Most of RND is already inside IVV. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in RND, against full books of 508 and 100.
What only one of them owns
Our book lists 2 positions for RND that do not appear in our book for IVV (2.9% of the fund), and 436 for IVV that do not appear in RND (53.1%).
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 RND | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 8.57% | 0.50% |
| MSFTMicrosoft Corp | 5.69% | 10.56% | 4.87% |
| AAPLApple, Inc | 7.02% | 8.50% | 1.48% |
| AMZNAmazon.Com Inc | 3.84% | 8.46% | 4.62% |
| GOOGLAlphabet Inc,class A | 3.00% | 7.37% | 4.37% |
| AVGOBroadcom Inc | 2.65% | 3.81% | 1.16% |
| METAMeta Platforms Inc | 1.90% | 3.95% | 2.05% |
| LLYEli Lilly & Co. | 1.38% | 3.74% | 2.36% |
| TSLATesla Inc | 1.56% | 3.40% | 1.84% |
| AMGNAmgen Inc. | 0.35% | 4.08% | 3.73% |
94.6% of RND 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 RND?
IVV has an expense ratio of 0.03% while RND charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or RND?
Over the past year IVV returned +15.62% vs +9.87% for RND, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +20.27% vs +23.44% for RND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RND?
RND has been the more volatile fund at 16.0% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs RND -23.5%.
Should I hold both IVV and RND?
IVV and RND have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and RND?
94.6% of RND's money is in holdings IVV also owns. 94.6% of RND's is in holdings IVV also owns. They hold 46 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in RND.
Which pays a higher dividend, IVV or RND?
IVV yields 1.06% while RND yields 0.00%, so IVV currently pays the higher dividend yield.
Is RND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, RND over the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 62.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.