IVV vs SOVF
iShares Core S&P 500 ETF vs Sovereigns Capital Flourish Fund
Which is better, IVV or SOVF?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. SOVF is less concentrated, with 35.4% of the fund in its ten largest positions against 37.9%.
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 | SOVF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $886.7B | $91M |
| Dividend Yield | 1.10% | 0.73% |
| Holdings | 508 | 79 |
| YTD Return | +13.39%Best | +10.15% |
| 1Y Return | +20.08%Best | +4.61% |
| 3Y Return (annualized) | +21.29%Best | +10.21% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 12.4%Best | 16.6% |
| Max Drawdown | -18.8%Best | -21.7% |
| $10,000 over 2.9 years | $18,849Best | $13,257 |
| Top 10 Weight | 37.9% | 35.4%Best |
| Fund Family | iShares by BlackRock (US) | Sovereign's Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Oct 2, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 3, 2023 to Sep 4, 2026 (2.9 years).
IVV vs SOVF 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 2.9 years both funds cover.
IVV vs SOVF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Sovereigns Capital Flourish Fund (SOVF) is an ETF from Sovereign's Capital. Over the past year IVV returned +20.08% while SOVF returned +4.61%. Year to date, IVV is up 13.39% versus a gain of 10.15% for SOVF.
Over three years, IVV compounded at +21.29% per year against +10.21% for SOVF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOVF has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 12.4% 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 -21.7% for SOVF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SOVF charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.73% for SOVF.
Holdings Overlap
4.6% of IVV's money is in holdings SOVF also owns. 36.8% of SOVF's money is in holdings IVV also owns.
The two portfolios partly overlap.
34 positions in common, counted across the 505 positions we hold weights for in IVV and 80 in SOVF, against full books of 508 and 79.
What only one of them owns
Our book lists 43 positions for SOVF that do not appear in our book for IVV (62.1% of the fund), and 463 for IVV that do not appear in SOVF (94.7%).
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 SOVF | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 0.25% | 3.69% | 3.44% |
| VSTVistra Energy Corp. | 0.07% | 3.03% | 2.96% |
| PGRProgressive Corporation | 0.19% | 2.48% | 2.29% |
| AJGArthur J Gallagher & Co. | 0.10% | 2.21% | 2.11% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 1.51% | 0.79% |
| CBRECBRE group | 0.07% | 2.10% | 2.03% |
| UPSUnited Parcel Service, Inc | 0.12% | 2.03% | 1.91% |
| ANETArista Networks Inc. | 0.31% | 1.50% | 1.19% |
| ADPAutomatic Data Processing, Inc. | 0.16% | 1.63% | 1.47% |
| RJFRaymond James Financial Inc. | 0.05% | 1.70% | 1.65% |
36.8% of SOVF 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 SOVF?
IVV has an expense ratio of 0.03% while SOVF charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or SOVF?
Over the past year IVV returned +20.08% vs +4.61% for SOVF, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SOVF?
SOVF has been the more volatile fund at 16.6% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs SOVF -21.7%.
Should I hold both IVV and SOVF?
IVV and SOVF have a monthly-return correlation of 0.70, 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 SOVF?
36.8% of SOVF's money is in holdings IVV also owns. 36.8% of SOVF's is in holdings IVV also owns. They hold 34 positions in common, counted across the 505 positions we hold weights for in IVV and 80 in SOVF.
Which pays a higher dividend, IVV or SOVF?
IVV yields 1.10% while SOVF yields 0.73%, so IVV currently pays the higher dividend yield.
Is SOVF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. SOVF is less concentrated, with 35.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.