IVV vs UPSD
iShares Core S&P 500 ETF vs Aptus Large Cap Upside ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | UPSD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $114M | |
| Dividend Yield | 1.09% | 0.68% | |
| Holdings | 508 | 103 | |
| YTD Return | +13.80% | +12.83% | |
| 1Y Return | +23.70% | +21.15% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 14.4% | |
| Max Drawdown | -56.5% | -23.9% | |
| Fund Family | iShares by BlackRock (US) | Aptus ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 20, 2024 |
IVV vs UPSD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Aptus Large Cap Upside ETF (UPSD) is a ETF from Aptus ETFs. Over the past year IVV returned +23.70% while UPSD returned +21.15%. Year to date, IVV is up 13.80% versus a gain of 12.83% for UPSD.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.4% for UPSD. 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 -56.5% for IVV and -23.9% for UPSD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while UPSD 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 1.09% against 0.68% for UPSD.
Holdings Overlap
IVV and UPSD share 93 holdings out of 512 unique holdings combined, representing a 39.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or UPSD?
IVV has an expense ratio of 0.03% while UPSD charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or UPSD?
Over the past year IVV returned +23.70% vs +21.15% for UPSD, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs +11.47% for UPSD. Past performance does not guarantee future results.
Which is riskier, IVV or UPSD?
IVV has been the more volatile fund at 15.1% annualized versus 14.4% for UPSD. Worst drawdown: IVV -56.5% vs UPSD -23.9%.
Should I hold both IVV and UPSD?
IVV and UPSD have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and UPSD?
IVV and UPSD share 93 common holdings with a 39.2% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, IVV or UPSD?
IVV yields 1.09% while UPSD yields 0.68%, so IVV currently pays the higher dividend yield.
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