IVV vs USE
iShares Core S&P 500 ETF vs USCF Energy Commodity Strategy Absolute Return Fund
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | USE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $6M | |
| Dividend Yield | 1.10% | 2.17% | |
| Holdings | 508 | 9 | |
| YTD Return | +13.51% | +41.90% | |
| 1Y Return | +20.65% | +15.10% | |
| 3Y Return (annualized) | +21.94% | +11.55% | |
| 5Y Return (annualized) | +12.95% | - | |
| Volatility (annualized) | 15.1% | 33.6% | |
| Max Drawdown | -56.5% | -28.2% | |
| Fund Family | iShares by BlackRock (US) | USCF Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 3, 2023 |
IVV vs USE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and USCF Energy Commodity Strategy Absolute Return Fund (USE) is a ETF from USCF Investments. Over the past year IVV returned +20.65% while USE returned +15.10%. Year to date, IVV is up 13.51% versus a gain of 41.90% for USE.
Over three years, IVV compounded at +21.94% per year against +11.55% for USE. Across the full 3-year window we track, USE has the edge at +16.11% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USE has been the more volatile fund, with annualized monthly volatility of 33.6% compared with 15.1% 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 -56.5% for IVV and -28.2% for USE. 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 -0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while USE 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 1.10% against 2.17% for USE.
Holdings Overlap
IVV and USE share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or USE?
IVV has an expense ratio of 0.03% while USE 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 USE?
Over the past year IVV returned +20.65% vs +15.10% for USE, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs +16.11% for USE. Past performance does not guarantee future results.
Which is riskier, IVV or USE?
USE has been the more volatile fund at 33.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs USE -28.2%.
Should I hold both IVV and USE?
IVV and USE have a monthly-return correlation of -0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and USE?
IVV and USE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or USE?
IVV yields 1.10% while USE yields 2.17%, so USE currently pays the higher dividend yield.
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