IVV vs UAPR
iShares Core S&P 500 ETF vs Innovator US Equity Ultra Buffer ETF - April
Which is better, IVV or UAPR?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | UAPR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $876.4B | $161M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 16 |
| YTD Return | +11.57%Best | +8.73% |
| 1Y Return | +17.57%Best | +11.64% |
| 3Y Return (annualized) | +20.71%Best | +10.72% |
| 5Y Return (annualized) | +12.80%Best | +6.63% |
| Volatility (annualized) | 16.6% | 6.2%Best |
| Max Drawdown | -33.9% | -14.6%Best |
| $10,000 over 5 years | $18,262Best | $13,785 |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Apr 1, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2019 to Sep 10, 2026 (7.4 years).
IVV vs UAPR 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 7.4 years both funds cover.
IVV vs UAPR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Innovator US Equity Ultra Buffer ETF - April (UAPR) is an ETF from Innovator ETFs Trust. Over the past year IVV returned +17.57% while UAPR returned +11.64%. Year to date, IVV is up 11.57% versus a gain of 8.73% for UAPR.
Over three years, IVV compounded at +20.71% per year against +10.72% for UAPR; over five years the annualized figures are +12.80% and +6.63% respectively. Across the full 7-year window we track, IVV has the edge at +15.14% annualized vs +5.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 6.2% for UAPR. 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 -14.6% for UAPR. 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 UAPR charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for UAPR.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in UAPR, totalling 100.0% and 108.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in UAPR, against full books of 508 and 16.
You are not choosing between two funds in isolation.
Whichever of IVV and UAPR 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 UAPR?
IVV has an expense ratio of 0.03% while UAPR charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or UAPR?
Over the past year IVV returned +17.57% vs +11.64% for UAPR, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.14% vs +5.09% for UAPR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or UAPR?
IVV has been the more volatile fund at 16.6% annualized versus 6.2% for UAPR. Worst drawdown: IVV -33.9% vs UAPR -14.6%.
Should I hold both IVV and UAPR?
IVV and UAPR 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.
Which pays a higher dividend, IVV or UAPR?
IVV yields 1.06% while UAPR yields 0.00%, so IVV currently pays the higher dividend yield.
Is UAPR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.