IVV vs UFOX
iShares Core S&P 500 ETF vs Defiance Space and Connective Tech ETF
Which is better, IVV or UFOX?
UFOX has been ahead.
IVV has a lower expense ratio. UFOX led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.4%.
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 | UFOX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $876.4B | $838M |
| Dividend Yield | 1.06% | 0.47% |
| Holdings | 508 | 60 |
| YTD Return | +12.39% | +30.15%Best |
| 1Y Return | +16.61% | +36.37%Best |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.2%Best | 29.7% |
| Max Drawdown | -18.8%Best | -28.7% |
| $10,000 over 2.2 years | $13,909 | $19,526Best |
| Top 10 Weight | 37.8%Best | 38.4% |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Mar 4, 2019 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 16, 2024 to Sep 18, 2026 (2.2 years).
IVV vs UFOX 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 2.2 years both funds cover.
IVV vs UFOX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Space and Connective Tech ETF (UFOX) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +16.61% while UFOX returned +36.37%. Year to date, IVV is up 12.39% versus a gain of 30.15% for UFOX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UFOX has been the more volatile fund, with annualized monthly volatility of 29.7% compared with 12.2% 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 -28.7% for UFOX. 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 UFOX charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.47% for UFOX.
Holdings Overlap
21.3% of IVV's money is in holdings UFOX also owns. 49.1% of UFOX's money is in holdings IVV also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 490 positions we hold weights for in IVV and 59 in UFOX, against full books of 508 and 60.
What only one of them owns
Our book lists 32 positions for UFOX that do not appear in our book for IVV (43.6% of the fund), and 459 for IVV that do not appear in UFOX (77.4%).
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 UFOX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 4.78% | 3.29% |
| AAPLApple, Inc | 7.02% | 4.89% | 2.13% |
| AVGOBroadcom Inc | 2.65% | 4.37% | 1.72% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 3.68% | 3.02% |
| MRVLMarvell Technology Group Ltd. | 0.28% | 3.15% | 2.87% |
| ANETArista Networks Inc. | 0.30% | 2.53% | 2.23% |
| ORCLOracle Corp - Common | 0.38% | 2.41% | 2.03% |
| QCOMQualcomm Inc. | 0.27% | 2.15% | 1.88% |
| DDOGDatadog Inc | 0.12% | 2.22% | 2.10% |
| NTAPNetapp Inc | 0.06% | 2.05% | 1.99% |
49.1% of UFOX 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 UFOX?
IVV has an expense ratio of 0.03% while UFOX charges 0.30%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, IVV or UFOX?
Over the past year IVV returned +16.61% vs +36.37% for UFOX, so UFOX leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +16.18% vs +35.55% for UFOX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or UFOX?
UFOX has been the more volatile fund at 29.7% annualized versus 12.2% for IVV. Worst drawdown: IVV -18.8% vs UFOX -28.7%.
Should I hold both IVV and UFOX?
IVV and UFOX 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 UFOX?
49.1% of UFOX's money is in holdings IVV also owns. 49.1% of UFOX's is in holdings IVV also owns. They hold 23 positions in common, counted across the 490 positions we hold weights for in IVV and 59 in UFOX.
Which pays a higher dividend, IVV or UFOX?
IVV yields 1.06% while UFOX yields 0.47%, so IVV currently pays the higher dividend yield.
Is UFOX better than IVV?
IVV has a lower expense ratio. UFOX led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.