IVV vs USCA
iShares Core S&P 500 ETF vs Xtrackers MSCI USA Climate Action Equity ETF
Which is better, IVV or USCA?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 44.3%.
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 | USCA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.07% |
| AUM | $879.1B | $3.3B |
| Dividend Yield | 1.09% | 1.04% |
| Holdings | 509 | 395 |
| YTD Return | +11.33%Best | +8.28% |
| 1Y Return | +13.50%Best | +9.26% |
| 3Y Return (annualized) | +20.45%Best | +18.58% |
| 5Y Return (annualized) | +11.61% | - |
| Volatility (annualized) | 12.4%Best | 12.5% |
| Max Drawdown | -18.8%Best | -19.1% |
| $10,000 over 3.6 years | $19,295Best | $18,756 |
| Top 10 Weight | 37.3%Best | 44.3% |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Apr 4, 2023 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Apr 4, 2023 to Nov 13, 2026 (3.6 years).
IVV vs USCA 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 3.6 years both funds cover.
IVV vs USCA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Xtrackers MSCI USA Climate Action Equity ETF (USCA) is an ETF from Xtrackers ETFs. Over the past year IVV returned +13.50% while USCA returned +9.26%. Year to date, IVV is up 11.33% versus a gain of 8.28% for USCA.
Over three years, IVV compounded at +20.45% per year against +18.58% for USCA. Across the full 4-year window we track, IVV has the edge at +20.03% annualized vs +19.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USCA has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 12.4% 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 -19.1% for USCA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while USCA charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.04% for USCA.
Holdings Overlap
88.9% of IVV's money is in holdings USCA also owns. 96.0% of USCA's money is in holdings IVV also owns.
Most of USCA is already inside IVV. Owning both mostly buys the same companies twice.
345 positions in common, counted across the 490 positions we hold weights for in IVV and 390 in USCA, against full books of 509 and 395.
What only one of them owns
Our book lists 33 positions for USCA that do not appear in our book for IVV (2.0% of the fund), and 139 for IVV that do not appear in USCA (9.9%).
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 USCA | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.70% | 9.33% | 1.63% |
| NVDANvidia Corp. | 7.58% | 8.73% | 1.15% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.93% | 6.72% | 0.79% |
| AMZNAmazon.Com Inc | 3.61% | 4.47% | 0.86% |
| GOOGLAlphabet Inc | 2.51% | 3.08% | 0.57% |
| AVGOBroadcom Inc | 2.37% | 2.74% | 0.37% |
| METAMeta Platform Inc | 2.08% | 2.50% | 0.42% |
| GOOGAlphabet Inc | 2.02% | 2.44% | 0.42% |
| TSLATesla Motors Inc | 1.72% | 2.17% | 0.45% |
| LLYEli Lilly & Co. | 1.74% | 2.12% | 0.38% |
96.0% of USCA 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 USCA?
IVV has an expense ratio of 0.03% while USCA charges 0.07%. IVV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IVV or USCA?
Over the past year IVV returned +13.50% vs +9.26% for USCA, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +20.03% vs +19.09% for USCA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USCA?
USCA has been the more volatile fund at 12.5% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs USCA -19.1%.
Should I hold both IVV and USCA?
IVV and USCA have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and USCA?
96.0% of USCA's money is in holdings IVV also owns. 96.0% of USCA's is in holdings IVV also owns. They hold 345 positions in common, counted across the 490 positions we hold weights for in IVV and 390 in USCA.
Which pays a higher dividend, IVV or USCA?
IVV yields 1.09% while USCA yields 1.04%, so IVV currently pays the higher dividend yield.
Is USCA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 37.3% of the fund in its ten largest positions against 44.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.