IVV vs UFO
iShares Core S&P 500 ETF vs Procure Space ETF
Which is better, IVV or UFO?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 5Y and the full window, UFO over 1Y and 3Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.0%.
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 | UFO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $886.7B | $561M |
| Dividend Yield | 1.10% | 0.34% |
| Holdings | 508 | 67 |
| YTD Return | +13.39%Best | +8.52% |
| 1Y Return | +20.08% | +32.12%Best |
| 3Y Return (annualized) | +21.29% | +34.69%Best |
| 5Y Return (annualized) | +12.88%Best | +8.58% |
| Volatility (annualized) | 16.6%Best | 32.1% |
| Max Drawdown | -33.9%Best | -50.3% |
| $10,000 over 5 years | $18,327Best | $15,092 |
| Top 10 Weight | 37.9%Best | 48.0% |
| Fund Family | iShares by BlackRock (US) | Procure ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Apr 10, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Apr 11, 2019 to Sep 4, 2026 (7.4 years).
IVV vs UFO 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 UFO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Procure Space ETF (UFO) is an ETF from Procure ETFs. Over the past year IVV returned +20.08% while UFO returned +32.12%. Year to date, IVV is up 13.39% versus a gain of 8.52% for UFO.
Over three years, IVV compounded at +21.29% per year against +34.69% for UFO; over five years the annualized figures are +12.88% and +8.58% respectively. Across the full 7-year window we track, IVV has the edge at +15.36% annualized vs +8.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UFO has been the more volatile fund, with annualized monthly volatility of 32.1% compared with 16.6% 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 -33.9% for IVV and -50.3% for UFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while UFO charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.34% for UFO.
Holdings Overlap
1.4% of IVV's money is in holdings UFO also owns. 33.8% of UFO's money is in holdings IVV also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 505 positions we hold weights for in IVV and 65 in UFO, against full books of 508 and 67.
What only one of them owns
Our book lists 26 positions for UFO that do not appear in our book for IVV (47.5% of the fund), and 487 for IVV that do not appear in UFO (97.9%).
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 UFO | Difference |
|---|---|---|---|
| GRMNGarminltd. | 0.07% | 6.56% | 6.49% |
| TRMBTrimble Inc. | 0.02% | 5.94% | 5.92% |
| SATS'echostar Communications Corp. Class 'a'' | 0.02% | 4.15% | 4.13% |
| RTXRaytheon Co. | 0.45% | 3.23% | 2.78% |
| LMTLockheed Martin Corp | 0.18% | 2.95% | 2.77% |
| BABoeing Co | 0.28% | 2.68% | 2.40% |
| NOCNorthrop Grumman Corp. | 0.11% | 2.81% | 2.70% |
| LHXL3Harris Technologies Inc. | 0.08% | 2.39% | 2.31% |
| HONAHoneywell Aerospace Inc | 0.10% | 2.01% | 1.91% |
| CMCSAComcast Corp-class A Cmcsa | 0.13% | 1.07% | 0.94% |
33.8% of UFO 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 UFO?
IVV has an expense ratio of 0.03% while UFO charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or UFO?
Over the past year IVV returned +20.08% vs +32.12% for UFO, so UFO leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.36% vs +8.99% for UFO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or UFO?
UFO has been the more volatile fund at 32.1% annualized versus 16.6% for IVV. Worst drawdown: IVV -33.9% vs UFO -50.3%.
Should I hold both IVV and UFO?
IVV and UFO have a monthly-return correlation of 0.66, 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 UFO?
33.8% of UFO's money is in holdings IVV also owns. 33.8% of UFO's is in holdings IVV also owns. They hold 10 positions in common, counted across the 505 positions we hold weights for in IVV and 65 in UFO.
Which pays a higher dividend, IVV or UFO?
IVV yields 1.10% while UFO yields 0.34%, so IVV currently pays the higher dividend yield.
Is UFO better than IVV?
IVV has a lower expense ratio. IVV led over 5Y and the full window, UFO over 1Y and 3Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 48.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.