IVV vs SUSA
iShares Core S&P 500 ETF vs iShares ESG Optimized MSCI USA ETF
Which is better, IVV or SUSA?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SUSA over 1Y. The two have moved almost in lockstep, correlation 0.99. SUSA is less concentrated, with 33.1% 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 | SUSA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $876.4B | $4.1B |
| Dividend Yield | 1.06% | 0.82% |
| Holdings | 508 | 198 |
| YTD Return | +11.57%Best | +11.34% |
| 1Y Return | +17.57% | +17.70%Best |
| 3Y Return (annualized) | +20.71%Best | +19.02% |
| 5Y Return (annualized) | +12.80%Best | +10.36% |
| Volatility (annualized) | 14.9%Best | 15.2% |
| Max Drawdown | -56.5% | -54.9%Best |
| $10,000 over 5 years | $18,262Best | $16,370 |
| Top 10 Weight | 37.9% | 33.1%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 24, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2005 to Sep 10, 2026 (21.6 years).
IVV vs SUSA 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 21.6 years both funds cover.
IVV vs SUSA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares ESG Optimized MSCI USA ETF (SUSA) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.57% while SUSA returned +17.70%. Year to date, IVV is up 11.57% versus a gain of 11.34% for SUSA.
Over three years, IVV compounded at +20.71% per year against +19.02% for SUSA; over five years the annualized figures are +12.80% and +10.36% respectively. Across the full 22-year window we track, IVV has the edge at +9.43% annualized vs +9.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SUSA has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 14.9% 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 -54.9% for SUSA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. 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 SUSA charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.82% for SUSA.
Holdings Overlap
61.7% of IVV's money is in holdings SUSA also owns. 95.5% of SUSA's money is in holdings IVV also owns.
Most of SUSA is already inside IVV. Owning both mostly buys the same companies twice.
173 positions in common, counted across the 505 positions we hold weights for in IVV and 193 in SUSA, against full books of 508 and 198.
What only one of them owns
Our book lists 15 positions for SUSA that do not appear in our book for IVV (2.9% of the fund), and 323 for IVV that do not appear in SUSA (37.7%).
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 SUSA | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 7.82% | 0.16% |
| AAPLApple, Inc | 6.86% | 6.54% | 0.32% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 4.39% | 1.05% |
| GOOGAlphabet Inc | 2.56% | 3.36% | 0.80% |
| AVGOBroadcom Inc | 2.98% | 2.86% | 0.12% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 2.57% | 0.62% |
| MUMicron Technology, Inc. | 1.51% | 1.46% | 0.05% |
| LLYEli Lilly & Co. | 1.39% | 1.40% | 0.01% |
| TSLATesla Inc | 1.36% | 1.36% | 0.00% |
| AMDAdvanced Micro Devices Inc. | 1.18% | 1.32% | 0.14% |
95.5% of SUSA 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 SUSA?
IVV has an expense ratio of 0.03% while SUSA charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IVV or SUSA?
Over the past year IVV returned +17.57% vs +17.70% for SUSA, so SUSA leads on 1-year performance. Over the longest common window we track (22 years), IVV annualized +9.43% vs +9.14% for SUSA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SUSA?
SUSA has been the more volatile fund at 15.2% annualized versus 14.9% for IVV. Worst drawdown: IVV -56.5% vs SUSA -54.9%.
Should I hold both IVV and SUSA?
IVV and SUSA have a monthly-return correlation of 0.99, 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 SUSA?
95.5% of SUSA's money is in holdings IVV also owns. 95.5% of SUSA's is in holdings IVV also owns. They hold 173 positions in common, counted across the 505 positions we hold weights for in IVV and 193 in SUSA.
Which pays a higher dividend, IVV or SUSA?
IVV yields 1.06% while SUSA yields 0.82%, so IVV currently pays the higher dividend yield.
Is SUSA better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SUSA over 1Y. The two have moved almost in lockstep, correlation 0.99. SUSA is less concentrated, with 33.1% 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.