IVV vs SMCF
iShares Core S&P 500 ETF vs Themes US Small Cap Cash Flow Champions ETF
Which is better, IVV or SMCF?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over the full window, SMCF over 1Y. SMCF is less concentrated, with 35.7% of the fund in its ten largest positions against 37.8%.
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 | SMCF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 3.23% |
| Holdings | 508 | 76 |
| YTD Return | +13.32% | +17.62%Best |
| 1Y Return | +17.08% | +19.98%Best |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 11.8%Best | 17.6% |
| Max Drawdown | -18.8%Best | -28.0% |
| $10,000 over 2.8 years | $17,164Best | $15,929 |
| Top 10 Weight | 37.8% | 35.7%Best |
| Fund Family | iShares by BlackRock (US) | Themes ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Dec 13, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Sep 21, 2026 (2.8 years).
IVV vs SMCF 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 2.8 years both funds cover.
IVV vs SMCF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Themes US Small Cap Cash Flow Champions ETF (SMCF) is an ETF from Themes ETFs. Over the past year IVV returned +17.08% while SMCF returned +19.98%. Year to date, IVV is up 13.32% versus a gain of 17.62% for SMCF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCF has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 11.8% 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 -28.0% for SMCF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SMCF charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.23% for SMCF.
Holdings Overlap
2.2% of SMCF's money is in holdings IVV also owns.
SMCF and IVV share little of their money.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 75 in SMCF, against full books of 508 and 76.
What only one of them owns
Our book lists 65 positions for SMCF that do not appear in our book for IVV (89.2% of the fund), and 481 for IVV that do not appear in SMCF (98.6%).
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 SMCF | Difference |
|---|---|---|---|
| BLDRBuilders Firstsource Inc | 0.01% | 2.16% | 2.15% |
You are not choosing between two funds in isolation.
Whichever of IVV and SMCF 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 SMCF?
IVV has an expense ratio of 0.03% while SMCF charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or SMCF?
Over the past year IVV returned +17.08% vs +19.98% for SMCF, so SMCF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SMCF?
SMCF has been the more volatile fund at 17.6% annualized versus 11.8% for IVV. Worst drawdown: IVV -18.8% vs SMCF -28.0%.
Should I hold both IVV and SMCF?
IVV and SMCF have a monthly-return correlation of 0.56, 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 SMCF?
2.2% of SMCF's money is in holdings IVV also owns. 2.2% of SMCF's is in holdings IVV also owns. They hold 1 positions in common, counted across the 490 positions we hold weights for in IVV and 75 in SMCF.
Which pays a higher dividend, IVV or SMCF?
IVV yields 1.06% while SMCF yields 3.23%, so SMCF currently pays the higher dividend yield.
Is SMCF better than IVV?
IVV has a lower expense ratio. IVV led over the full window, SMCF over 1Y. SMCF is less concentrated, with 35.7% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.