IVV vs SPUC
iShares Core S&P 500 ETF vs Simplify US Equity 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 | SPUC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.53% | |
| AUM | $865.2B | $141M | |
| Dividend Yield | 1.09% | 11.16% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.43% | +12.71% | |
| 1Y Return | +22.61% | +21.14% | |
| 3Y Return (annualized) | +21.47% | +23.00% | |
| 5Y Return (annualized) | +13.26% | +12.78% | |
| Volatility (annualized) | 15.1% | 19.5% | |
| Max Drawdown | -56.5% | -29.2% | |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 3, 2020 |
IVV vs SPUC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Simplify US Equity Income ETF (SPUC) is a ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +22.61% while SPUC returned +21.14%. Year to date, IVV is up 13.43% versus a gain of 12.71% for SPUC.
Over three years, IVV compounded at +21.47% per year against +23.00% for SPUC; over five years the annualized figures are +13.26% and +12.78% respectively. Across the full 6-year window we track, SPUC has the edge at +16.17% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPUC has been the more volatile fund, with annualized monthly volatility of 19.5% 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 -29.2% for SPUC. 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 0.96. 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 SPUC charges 0.53%. On a $10,000 position that is $3 vs $53 annually, a gap of $50 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 11.16% for SPUC.
Holdings Overlap
IVV and SPUC share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SPUC?
IVV has an expense ratio of 0.03% while SPUC charges 0.53%. IVV is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, IVV or SPUC?
Over the past year IVV returned +22.61% vs +21.14% for SPUC, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.03% vs +16.17% for SPUC. Past performance does not guarantee future results.
Which is riskier, IVV or SPUC?
SPUC has been the more volatile fund at 19.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SPUC -29.2%.
Should I hold both IVV and SPUC?
IVV and SPUC have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and SPUC?
IVV and SPUC share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or SPUC?
IVV yields 1.09% while SPUC yields 11.16%, so SPUC currently pays the higher dividend yield.
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