IVV vs SPUC
iShares Core S&P 500 ETF vs Simplify US Equity Income ETF
Which is better, IVV or SPUC?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, SPUC over 3Y. The two have moved almost in lockstep, correlation 0.96.
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 | SPUC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.53% |
| AUM | $876.4B | $233M |
| Dividend Yield | 1.06% | 13.20% |
| Holdings | 508 | 4 |
| YTD Return | +14.15%Best | +13.17% |
| 1Y Return | +17.31%Best | +11.80% |
| 3Y Return (annualized) | +23.17% | +25.14%Best |
| 5Y Return (annualized) | +13.85%Best | +13.44% |
| Volatility (annualized) | 15.4%Best | 19.4% |
| Max Drawdown | -24.5%Best | -29.2% |
| $10,000 over 5 years | $19,128Best | $18,786 |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Sep 3, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 4, 2020 to Sep 21, 2026 (6 years).
IVV vs SPUC 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 6 years both funds cover.
IVV vs SPUC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Simplify US Equity Income ETF (SPUC) is an ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +17.31% while SPUC returned +11.80%. Year to date, IVV is up 14.15% versus a gain of 13.17% for SPUC.
Over three years, IVV compounded at +23.17% per year against +25.14% for SPUC; over five years the annualized figures are +13.85% and +13.44% respectively. Across the full 6-year window we track, IVV has the edge at +15.94% annualized vs +15.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPUC has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 15.4% 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 -24.5% for IVV and -29.2% for SPUC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 13.20% for SPUC.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in SPUC, totalling 99.3% and 0.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 1 in SPUC, against full books of 508 and 4.
You are not choosing between two funds in isolation.
Whichever of IVV and SPUC 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 SPUC?
IVV has an expense ratio of 0.03% while SPUC charges 0.53%. IVV is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, IVV or SPUC?
Over the past year IVV returned +17.31% vs +11.80% for SPUC, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +15.94% vs +15.92% for SPUC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SPUC?
SPUC has been the more volatile fund at 19.4% annualized versus 15.4% for IVV. Worst drawdown: IVV -24.5% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVV or SPUC?
IVV yields 1.06% while SPUC yields 13.20%, so SPUC currently pays the higher dividend yield.
Is SPUC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 5Y and the full window, SPUC over 3Y. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.