IVV vs SSUS
iShares Core S&P 500 ETF vs Day Hagan Smart Sector ETF
Which is better, IVV or SSUS?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SSUS over 1Y. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 89.4%.
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 | SSUS |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.76% |
| AUM | $882.6B | $601M |
| Dividend Yield | 1.06% | 0.45% |
| Holdings | 508 | 48 |
| YTD Return | +13.60% | +15.86%Best |
| 1Y Return | +16.32% | +17.26%Best |
| 3Y Return (annualized) | +23.81%Best | +19.86% |
| 5Y Return (annualized) | +14.03%Best | +11.76% |
| Volatility (annualized) | 16.9% | 14.7%Best |
| Max Drawdown | -33.9% | -23.8%Best |
| $10,000 over 5 years | $19,279Best | $17,435 |
| Top 10 Weight | 38.1%Best | 89.4% |
| Fund Family | iShares by BlackRock (US) | Day Hagan Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 16, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Jan 17, 2020 to Oct 2, 2026 (6.7 years).
IVV vs SSUS 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 6.7 years both funds cover.
IVV vs SSUS Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Day Hagan Smart Sector ETF (SSUS) is an ETF from Day Hagan Funds. Over the past year IVV returned +16.32% while SSUS returned +17.26%. Year to date, IVV is up 13.60% versus a gain of 15.86% for SSUS.
Over three years, IVV compounded at +23.81% per year against +19.86% for SSUS; over five years the annualized figures are +14.03% and +11.76% respectively. Across the full 7-year window we track, IVV has the edge at +14.71% annualized vs +13.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.7% for SSUS. 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 -33.9% for IVV and -23.8% for SSUS. 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 SSUS charges 0.76%. On a $10,000 position that is $3 vs $76 annually, a gap of $73 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.45% for SSUS.
Holdings Overlap
26.1% of IVV's money is in holdings SSUS also owns. 11.2% of SSUS's money is in holdings IVV also owns.
IVV and SSUS share little of their money.
5 positions in common, counted across the 505 positions we hold weights for in IVV and 16 in SSUS, against full books of 508 and 48.
What only one of them owns
Our book lists 11 positions for SSUS that do not appear in our book for IVV (88.9% of the fund), and 492 for IVV that do not appear in SSUS (73.1%).
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.
26.1% of IVV is already inside SSUS.
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 SSUS?
IVV has an expense ratio of 0.03% while SSUS charges 0.76%. IVV is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, IVV or SSUS?
Over the past year IVV returned +16.32% vs +17.26% for SSUS, so SSUS leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +14.71% vs +13.59% for SSUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SSUS?
IVV has been the more volatile fund at 16.9% annualized versus 14.7% for SSUS. Worst drawdown: IVV -33.9% vs SSUS -23.8%.
Should I hold both IVV and SSUS?
IVV and SSUS 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.
What is the holdings overlap between IVV and SSUS?
26.1% of IVV's money is in holdings SSUS also owns. 11.2% of SSUS's is in holdings IVV also owns. They hold 5 positions in common, counted across the 505 positions we hold weights for in IVV and 16 in SSUS.
Which pays a higher dividend, IVV or SSUS?
IVV yields 1.06% while SSUS yields 0.45%, so IVV currently pays the higher dividend yield.
Is SSUS better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SSUS over 1Y. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 89.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.