IVV vs TRFK
iShares Core S&P 500 ETF vs Pacer Data and Digital Revolution ETF
Which is better, IVV or TRFK?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. TRFK led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.0%.
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 | TRFK |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.49% |
| AUM | $886.7B | $1.0B |
| Dividend Yield | 1.10% | 0.01% |
| Holdings | 508 | 100 |
| YTD Return | +13.86% | +43.42%Best |
| 1Y Return | +21.57% | +52.62%Best |
| 3Y Return (annualized) | +21.48% | +42.37%Best |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 14.7%Best | 30.1% |
| Max Drawdown | -18.8%Best | -29.1% |
| $10,000 over 4.2 years | $20,342 | $37,448Best |
| Top 10 Weight | 37.9%Best | 53.0% |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Jun 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jun 9, 2022 to Sep 3, 2026 (4.2 years).
IVV vs TRFK 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 4.2 years both funds cover.
IVV vs TRFK Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer Data and Digital Revolution ETF (TRFK) is an ETF from Pacer ETFs. Over the past year IVV returned +21.57% while TRFK returned +52.62%. Year to date, IVV is up 13.86% versus a gain of 43.42% for TRFK.
Over three years, IVV compounded at +21.48% per year against +42.37% for TRFK. Across the full 4-year window we track, TRFK has the edge at +36.94% annualized vs +18.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TRFK has been the more volatile fund, with annualized monthly volatility of 30.1% compared with 14.7% 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 -18.8% for IVV and -29.1% for TRFK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TRFK charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.01% for TRFK.
Holdings Overlap
19.4% of IVV's money is in holdings TRFK also owns. 72.4% of TRFK's money is in holdings IVV also owns.
Most of TRFK is already inside IVV. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 505 positions we hold weights for in IVV and 95 in TRFK, against full books of 508 and 100.
What only one of them owns
Our book lists 41 positions for TRFK that do not appear in our book for IVV (12.3% of the fund), and 468 for IVV that do not appear in TRFK (79.9%).
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 TRFK | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 9.13% | 1.15% |
| AVGOBroadcom Inc | 2.98% | 9.01% | 6.03% |
| MUMicron Technology, Inc. | 1.51% | 6.49% | 4.98% |
| AMDAdvanced Micro Devices Inc | 1.18% | 5.45% | 4.27% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 4.58% | 3.86% |
| INTCIntel Corporation | 0.72% | 3.27% | 2.55% |
| PANWPalo Alto Networks, Inc | 0.44% | 3.49% | 3.05% |
| ANETArista Networks Inc. | 0.31% | 2.80% | 2.49% |
| ORCLOracle Corp - Common | 0.37% | 2.70% | 2.33% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 2.50% | 2.18% |
72.4% of TRFK 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 TRFK?
IVV has an expense ratio of 0.03% while TRFK charges 0.49%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, IVV or TRFK?
Over the past year IVV returned +21.57% vs +52.62% for TRFK, so TRFK leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +18.42% vs +36.94% for TRFK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or TRFK?
TRFK has been the more volatile fund at 30.1% annualized versus 14.7% for IVV. Worst drawdown: IVV -18.8% vs TRFK -29.1%.
Should I hold both IVV and TRFK?
IVV and TRFK have a monthly-return correlation of 0.75, 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 TRFK?
72.4% of TRFK's money is in holdings IVV also owns. 72.4% of TRFK's is in holdings IVV also owns. They hold 29 positions in common, counted across the 505 positions we hold weights for in IVV and 95 in TRFK.
Which pays a higher dividend, IVV or TRFK?
IVV yields 1.10% while TRFK yields 0.01%, so IVV currently pays the higher dividend yield.
Is TRFK better than IVV?
IVV has a lower expense ratio. TRFK led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.