IVV vs USL
iShares Core S&P 500 ETF vs United States 12 Month Oil Fund
Which is better, IVV or USL?
Large Cap Blend against Energy.
IVV has a lower expense ratio. IVV led over 3Y and the full window, USL over 1Y and 5Y.
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 | USL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.02% |
| AUM | $886.7B | $44M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 16 |
| YTD Return | +13.86% | +59.96%Best |
| 1Y Return | +21.57% | +46.59%Best |
| 3Y Return (annualized) | +21.48%Best | +10.60% |
| 5Y Return (annualized) | +12.88% | +16.08%Best |
| Volatility (annualized) | 15.7%Best | 29.4% |
| Max Drawdown | -55.3%Best | -89.1% |
| $10,000 over 5 years | $18,327 | $21,076Best |
| Fund Family | iShares by BlackRock (US) | USCF Investments |
| Category | Equity | Commodity |
| Style | Large Cap Blend | Energy |
| Inception | May 15, 2000 | Dec 6, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 6, 2007 to Sep 3, 2026 (18.7 years).
IVV vs USL 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 18.7 years both funds cover.
IVV vs USL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and United States 12 Month Oil Fund (USL) is an ETF from USCF Investments. Over the past year IVV returned +21.57% while USL returned +46.59%. Year to date, IVV is up 13.86% versus a gain of 59.96% for USL.
Over three years, IVV compounded at +21.48% per year against +10.60% for USL; over five years the annualized figures are +12.88% and +16.08% respectively. Across the full 19-year window we track, IVV has the edge at +9.57% annualized vs +0.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USL has been the more volatile fund, with annualized monthly volatility of 29.4% compared with 15.7% 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 -55.3% for IVV and -89.1% for USL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while USL charges 1.02%. On a $10,000 position that is $3 vs $102 annually, a gap of $99 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for USL.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in USL, totalling 100.0% and 28.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in USL, against full books of 508 and 16.
You are not choosing between two funds in isolation.
Whichever of IVV and USL 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 USL?
IVV has an expense ratio of 0.03% while USL charges 1.02%. IVV is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, IVV or USL?
Over the past year IVV returned +21.57% vs +46.59% for USL, so USL leads on 1-year performance. Over the longest common window we track (19 years), IVV annualized +9.57% vs +0.18% for USL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USL?
USL has been the more volatile fund at 29.4% annualized versus 15.7% for IVV. Worst drawdown: IVV -55.3% vs USL -89.1%.
Should I hold both IVV and USL?
IVV and USL have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or USL?
IVV yields 1.10% while USL yields 0.00%, so IVV currently pays the higher dividend yield.
Is USL better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, USL over 1Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.