IVV vs SCUS
iShares Core S&P 500 ETF vs Schwab Ultra-Short Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SCUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.14% | |
| AUM | $865.2B | $241M | |
| Dividend Yield | 1.09% | 3.91% | |
| Holdings | 508 | 157 | |
| YTD Return | +13.80% | +1.68% | |
| 1Y Return | +23.01% | +3.49% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 0.7% | |
| Max Drawdown | -56.5% | -0.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Aug 13, 2024 |
IVV vs SCUS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Schwab Ultra-Short Income ETF (SCUS) is a ETF from Charles Schwab Asset Management. Over the past year IVV returned +23.01% while SCUS returned +3.49%. Year to date, IVV is up 13.80% versus a gain of 1.68% for SCUS.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 0.7% for SCUS. 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 -0.4% for SCUS. 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 0.10. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SCUS charges 0.14%. On a $10,000 position that is $3 vs $14 annually, a gap of $11 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.91% for SCUS.
Holdings Overlap
IVV and SCUS share 1 holdings out of 506 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SCUS | Difference |
|---|---|---|---|
| AVGO | 2.83% | 0.91% | 1.92% |
Frequently Asked Questions
Which is cheaper, IVV or SCUS?
IVV has an expense ratio of 0.03% while SCUS charges 0.14%. IVV is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, IVV or SCUS?
Over the past year IVV returned +23.01% vs +3.49% for SCUS, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +3.96% for SCUS. Past performance does not guarantee future results.
Which is riskier, IVV or SCUS?
IVV has been the more volatile fund at 15.1% annualized versus 0.7% for SCUS. Worst drawdown: IVV -56.5% vs SCUS -0.4%.
Should I hold both IVV and SCUS?
IVV and SCUS have a monthly-return correlation of 0.10, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SCUS?
IVV and SCUS share 1 common holdings with a 0.9% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or SCUS?
IVV yields 1.09% while SCUS yields 3.91%, so SCUS currently pays the higher dividend yield.
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