IVV vs USAF
iShares Core S&P 500 ETF vs Atlas America Fund ETF
Which is better, IVV or USAF?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 72.2%.
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 | USAF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.89% |
| AUM | $876.4B | $17M |
| Dividend Yield | 1.06% | 2.36% |
| Holdings | 508 | 73 |
| YTD Return | +12.39%Best | +4.48% |
| 1Y Return | +16.61%Best | +6.32% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.7% | 4.8%Best |
| Max Drawdown | -18.8% | -4.5%Best |
| $10,000 over 1.8 years | $13,156Best | $11,415 |
| Top 10 Weight | 37.8%Best | 72.2% |
| Fund Family | iShares by BlackRock (US) | Atlas Capital Team |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 19, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 20, 2024 to Sep 18, 2026 (1.8 years).
IVV vs USAF 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 1.8 years both funds cover.
IVV vs USAF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Atlas America Fund ETF (USAF) is an ETF from Atlas Capital Team. Over the past year IVV returned +16.61% while USAF returned +6.32%. Year to date, IVV is up 12.39% versus a gain of 4.48% for USAF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 4.8% for USAF. 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 -4.5% for USAF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while USAF charges 0.89%. On a $10,000 position that is $3 vs $89 annually, a gap of $86 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.36% for USAF.
Holdings Overlap
1.0% of IVV's money is in holdings USAF also owns. 10.7% of USAF's money is in holdings IVV also owns.
USAF and IVV share little of their money.
14 positions in common, counted across the 490 positions we hold weights for in IVV and 62 in USAF, against full books of 508 and 73.
What only one of them owns
Our book lists 48 positions for USAF that do not appear in our book for IVV (86.4% of the fund), and 468 for IVV that do not appear in USAF (97.7%).
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 USAF | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 0.25% | 1.35% | 1.10% |
| EQIXEquinix Inc. Real Estate Investment Trust | 0.16% | 1.32% | 1.16% |
| DLRDigital Realty Trust Inc. | 0.10% | 1.37% | 1.27% |
| AMTAmerican Tower Corporation | 0.12% | 1.28% | 1.16% |
| ORealty Income Corp. | 0.09% | 1.26% | 1.17% |
| EQRVivmark Residential | 0.07% | 1.12% | 1.05% |
| CCICrown Castle International Corp | 0.05% | 0.69% | 0.64% |
| ESSEssex Property | 0.03% | 0.45% | 0.42% |
| SBACSba Communications Corp. Class A Real Estate Investment Tru | 0.03% | 0.40% | 0.37% |
| DOCHealthpeak Properties Inc | 0.02% | 0.35% | 0.33% |
You are not choosing between two funds in isolation.
Whichever of IVV and USAF 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 USAF?
IVV has an expense ratio of 0.03% while USAF charges 0.89%. IVV is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, IVV or USAF?
Over the past year IVV returned +16.61% vs +6.32% for USAF, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +16.46% vs +7.63% for USAF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USAF?
IVV has been the more volatile fund at 12.7% annualized versus 4.8% for USAF. Worst drawdown: IVV -18.8% vs USAF -4.5%.
Should I hold both IVV and USAF?
IVV and USAF have a monthly-return correlation of 0.22, 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 USAF?
10.7% of USAF's money is in holdings IVV also owns. 10.7% of USAF's is in holdings IVV also owns. They hold 14 positions in common, counted across the 490 positions we hold weights for in IVV and 62 in USAF.
Which pays a higher dividend, IVV or USAF?
IVV yields 1.06% while USAF yields 2.36%, so USAF currently pays the higher dividend yield.
Is USAF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 72.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.