IVV vs SVAL
iShares Core S&P 500 ETF vs iShares US Small Cap Value Factor ETF
Which is better, IVV or SVAL?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over 3Y and 5Y, SVAL over 1Y and the full window. SVAL is less concentrated, with 6.8% 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 | SVAL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.20% |
| AUM | $886.7B | $213M |
| Dividend Yield | 1.10% | 2.05% |
| Holdings | 508 | 262 |
| YTD Return | +12.70% | +26.47%Best |
| 1Y Return | +19.36% | +29.53%Best |
| 3Y Return (annualized) | +21.16%Best | +19.52% |
| 5Y Return (annualized) | +12.75%Best | +10.26% |
| Volatility (annualized) | 15.4%Best | 21.8% |
| Max Drawdown | -24.5%Best | -27.4% |
| $10,000 over 5 years | $18,221Best | $16,296 |
| Top 10 Weight | 37.9% | 6.8%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Oct 27, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Oct 29, 2020 to Sep 8, 2026 (5.9 years).
IVV vs SVAL 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 5.9 years both funds cover.
IVV vs SVAL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares US Small Cap Value Factor ETF (SVAL) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +19.36% while SVAL returned +29.53%. Year to date, IVV is up 12.70% versus a gain of 26.47% for SVAL.
Over three years, IVV compounded at +21.16% per year against +19.52% for SVAL; over five years the annualized figures are +12.75% and +10.26% respectively. Across the full 6-year window we track, SVAL has the edge at +17.16% annualized vs +16.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SVAL has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -27.4% for SVAL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SVAL charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.05% for SVAL.
Holdings Overlap
0.2% of IVV's money is in holdings SVAL also owns. 0.5% of SVAL's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 504 positions we hold weights for in IVV and 240 in SVAL, against full books of 508 and 262.
What only one of them owns
Our book lists 226 positions for SVAL that do not appear in our book for IVV (94.7% of the fund), and 492 for IVV that do not appear in SVAL (99.0%).
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 SVAL | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.18% | 0.52% | 0.34% |
You are not choosing between two funds in isolation.
Whichever of IVV and SVAL 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 SVAL?
IVV has an expense ratio of 0.03% while SVAL charges 0.20%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, IVV or SVAL?
Over the past year IVV returned +19.36% vs +29.53% for SVAL, so SVAL leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +16.99% vs +17.16% for SVAL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SVAL?
SVAL has been the more volatile fund at 21.8% annualized versus 15.4% for IVV. Worst drawdown: IVV -24.5% vs SVAL -27.4%.
Should I hold both IVV and SVAL?
IVV and SVAL have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or SVAL?
IVV yields 1.10% while SVAL yields 2.05%, so SVAL currently pays the higher dividend yield.
Is SVAL better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and 5Y, SVAL over 1Y and the full window. SVAL is less concentrated, with 6.8% 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.