IVV vs TOLZ
iShares Core S&P 500 ETF vs Proshares DJ Brookfield Global Infrastructure ETF
Which is better, IVV or TOLZ?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 39.5%.
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 | TOLZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.46% |
| AUM | $882.6B | $159M |
| Dividend Yield | 1.06% | 3.01% |
| Holdings | 508 | 116 |
| YTD Return | +14.98%Best | +4.69% |
| 1Y Return | +17.32%Best | +6.35% |
| 3Y Return (annualized) | +23.33%Best | +14.72% |
| 5Y Return (annualized) | +13.95%Best | +7.49% |
| Volatility (annualized) | 14.6% | 14.5%Best |
| Max Drawdown | -33.9%Best | -39.3% |
| $10,000 over 5 years | $19,212Best | $14,350 |
| Top 10 Weight | 38.1%Best | 39.5% |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Mar 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2014 to Oct 6, 2026 (12.5 years).
IVV vs TOLZ 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 12.5 years both funds cover.
IVV vs TOLZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Proshares DJ Brookfield Global Infrastructure ETF (TOLZ) is an ETF from ProShares. Over the past year IVV returned +17.32% while TOLZ returned +6.35%. Year to date, IVV is up 14.98% versus a gain of 4.69% for TOLZ.
Over three years, IVV compounded at +23.33% per year against +14.72% for TOLZ; over five years the annualized figures are +13.95% and +7.49% respectively. Across the full 13-year window we track, IVV has the edge at +12.88% annualized vs +4.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.5% for TOLZ. 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 -39.3% for TOLZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TOLZ charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.01% for TOLZ.
Holdings Overlap
1.3% of IVV's money is in holdings TOLZ also owns. 36.0% of TOLZ's money is in holdings IVV also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 505 positions we hold weights for in IVV and 113 in TOLZ, against full books of 508 and 116.
What only one of them owns
Our book lists 31 positions for TOLZ that do not appear in our book for IVV (22.7% of the fund), and 479 for IVV that do not appear in TOLZ (98.0%).
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 TOLZ | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 0.13% | 4.38% | 4.25% |
| AMTAmerican Tower Corporation | 0.13% | 4.10% | 3.97% |
| TRGPTarga Resources Corp Preferred | 0.09% | 3.07% | 2.98% |
| OKEOneok Inc. | 0.09% | 3.04% | 2.95% |
| KMIKinder Morgan Inc./de | 0.09% | 3.02% | 2.93% |
| SRESempra Common Stock | 0.08% | 2.70% | 2.62% |
| EXCExelon | 0.07% | 2.18% | 2.11% |
| EDConsolidated Edison Inc | 0.06% | 1.94% | 1.88% |
| CCICrown Castle International Corp | 0.05% | 1.59% | 1.54% |
| PCGPg&E Corp. | 0.05% | 1.49% | 1.44% |
36.0% of TOLZ 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 TOLZ?
IVV has an expense ratio of 0.03% while TOLZ charges 0.46%. IVV is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, IVV or TOLZ?
Over the past year IVV returned +17.32% vs +6.35% for TOLZ, so IVV leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +12.88% vs +4.23% for TOLZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TOLZ?
IVV has been the more volatile fund at 14.6% annualized versus 14.5% for TOLZ. Worst drawdown: IVV -33.9% vs TOLZ -39.3%.
Should I hold both IVV and TOLZ?
IVV and TOLZ have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and TOLZ?
36.0% of TOLZ's money is in holdings IVV also owns. 36.0% of TOLZ's is in holdings IVV also owns. They hold 18 positions in common, counted across the 505 positions we hold weights for in IVV and 113 in TOLZ.
Which pays a higher dividend, IVV or TOLZ?
IVV yields 1.06% while TOLZ yields 3.01%, so TOLZ currently pays the higher dividend yield.
Is TOLZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 39.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.