IVV vs USNG

Quick Verdict

IVV has a lower expense ratio. USNG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: USNGMore Diversified: IVV

Side-by-Side Comparison

MetricIVVUSNGWinner
Expense Ratio0.03%0.59%
AUM$865.2B$8M
Dividend Yield1.09%1.43%
Holdings50828
YTD Return+13.80%+22.36%
1Y Return+23.70%+32.16%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%16.9%
Max Drawdown-56.5%-11.9%
Fund FamilyiShares by BlackRock (US)Amplify ETFs
CategoryEquityEquity
InceptionMay 15, 2000May 20, 2025

IVV vs USNG Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Amplify Samsung US Natural Gas Infrastructure ETF (USNG) is a ETF from Amplify ETFs. Over the past year IVV returned +23.70% while USNG returned +32.16%. Year to date, IVV is up 13.80% versus a gain of 22.36% for USNG.

Risk: Volatility and Drawdowns

USNG has been the more volatile fund, with annualized monthly volatility of 16.9% 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 -11.9% for USNG. 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while USNG charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.43% for USNG.

Holdings Overlap

0.7%overlap

IVV and USNG share 9 holdings out of 522 unique holdings combined, representing a 0.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in USNGDifference
WMB0.14%8.45%8.31%
KMI0.10%7.34%7.24%
TRGP0.09%3.92%3.83%
VSTProProPro
PPLProProPro
APDProProPro
OKEProProPro
EQTProProPro
CHKProProPro
See all 9 holdings IVV shares with USNG
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or USNG?

IVV has an expense ratio of 0.03% while USNG charges 0.59%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

Which performed better, IVV or USNG?

Over the past year IVV returned +23.70% vs +32.16% for USNG, so USNG leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +30.60% for USNG. Past performance does not guarantee future results.

Which is riskier, IVV or USNG?

USNG has been the more volatile fund at 16.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs USNG -11.9%.

Should I hold both IVV and USNG?

IVV and USNG have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and USNG?

IVV and USNG share 9 common holdings with a 0.7% weight overlap. Combined, they hold 522 unique securities.

Which pays a higher dividend, IVV or USNG?

IVV yields 1.09% while USNG yields 1.43%, so USNG currently pays the higher dividend yield.

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