IVV vs USAI
iShares Core S&P 500 ETF vs Pacer American Energy Infrastructure ETF
Which is better, IVV or USAI?
Large Cap Blend against Mid Cap Value.
IVV has a lower expense ratio. IVV led over the full window, USAI over 1Y, 3Y and 5Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 61.8%.
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 | USAI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $882.6B | $111M |
| Dividend Yield | 1.06% | 4.01% |
| Holdings | 508 | 72 |
| YTD Return | +12.76% | +17.54%Best |
| 1Y Return | +15.57% | +15.68%Best |
| 3Y Return (annualized) | +22.95% | +23.48%Best |
| 5Y Return (annualized) | +13.54% | +18.03%Best |
| Volatility (annualized) | 16.3%Best | 28.5% |
| Max Drawdown | -33.9%Best | -69.3% |
| $10,000 over 5 years | $18,869 | $22,907Best |
| Top 10 Weight | 38.1%Best | 61.8% |
| Fund Family | iShares by BlackRock (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | May 15, 2000 | Dec 12, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 13, 2017 to Oct 1, 2026 (8.8 years).
IVV vs USAI 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 8.8 years both funds cover.
IVV vs USAI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Pacer American Energy Infrastructure ETF (USAI) is an ETF from Pacer ETFs. Over the past year IVV returned +15.57% while USAI returned +15.68%. Year to date, IVV is up 12.76% versus a gain of 17.54% for USAI.
Over three years, IVV compounded at +22.95% per year against +23.48% for USAI; over five years the annualized figures are +13.54% and +18.03% respectively. Across the full 9-year window we track, IVV has the edge at +13.70% annualized vs +10.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USAI has been the more volatile fund, with annualized monthly volatility of 28.5% compared with 16.3% 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 -69.3% for USAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while USAI 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 1.06% against 4.01% for USAI.
Holdings Overlap
0.5% of IVV's money is in holdings USAI also owns. 27.4% of USAI's money is in holdings IVV also owns.
USAI and IVV share little of their money.
6 positions in common, counted across the 505 positions we hold weights for in IVV and 34 in USAI, against full books of 508 and 72.
What only one of them owns
Our book lists 23 positions for USAI that do not appear in our book for IVV (56.1% of the fund), and 491 for IVV that do not appear in USAI (98.8%).
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.
27.4% of USAI 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 USAI?
IVV has an expense ratio of 0.03% while USAI charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or USAI?
Over the past year IVV returned +15.57% vs +15.68% for USAI, so USAI leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +13.70% vs +10.17% for USAI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USAI?
USAI has been the more volatile fund at 28.5% annualized versus 16.3% for IVV. Worst drawdown: IVV -33.9% vs USAI -69.3%.
Should I hold both IVV and USAI?
IVV and USAI have a monthly-return correlation of 0.67, 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 USAI?
27.4% of USAI's money is in holdings IVV also owns. 27.4% of USAI's is in holdings IVV also owns. They hold 6 positions in common, counted across the 505 positions we hold weights for in IVV and 34 in USAI.
Which pays a higher dividend, IVV or USAI?
IVV yields 1.06% while USAI yields 4.01%, so USAI currently pays the higher dividend yield.
Is USAI better than IVV?
IVV has a lower expense ratio. IVV led over the full window, USAI over 1Y, 3Y and 5Y. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 61.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.