IVV vs SMCF
iShares Core S&P 500 ETF vs Themes US Small Cap Cash Flow Champions ETF
Quick Verdict
IVV has a lower expense ratio. SMCF delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SMCF | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $865.2B | $3M | |
| Dividend Yield | 1.09% | 3.31% | |
| Holdings | 508 | 141 | |
| YTD Return | +13.43% | +21.25% | |
| 1Y Return | +22.61% | +32.26% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 17.7% | |
| Max Drawdown | -56.5% | -28.0% | |
| Fund Family | iShares by BlackRock (US) | Themes ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 13, 2023 |
IVV vs SMCF Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Themes US Small Cap Cash Flow Champions ETF (SMCF) is a ETF from Themes ETFs. Over the past year IVV returned +22.61% while SMCF returned +32.26%. Year to date, IVV is up 13.43% versus a gain of 21.25% for SMCF.
Risk: Volatility and Drawdowns
SMCF has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.1% 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 -56.5% for IVV and -28.0% for SMCF. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.09% against 3.31% for SMCF.
Holdings Overlap
IVV and SMCF share 1 holdings out of 579 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SMCF | Difference |
|---|---|---|---|
| BLDR | 0.01% | 2.48% | 2.47% |
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. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or SMCF?
Over the past year IVV returned +22.61% vs +32.26% for SMCF, so SMCF leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +20.29% for SMCF. Past performance does not guarantee future results.
Which is riskier, IVV or SMCF?
SMCF has been the more volatile fund at 17.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SMCF -28.0%.
Should I hold both IVV and SMCF?
IVV and SMCF have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SMCF?
IVV and SMCF share 1 common holdings with a 0.0% weight overlap. Combined, they hold 579 unique securities.
Which pays a higher dividend, IVV or SMCF?
IVV yields 1.09% while SMCF yields 3.31%, so SMCF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.