IVV vs USOY
iShares Core S&P 500 ETF vs Defiance Oil Enhanced Options Income ETF
Which is better, IVV or USOY?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. USOY led over 1Y and the full window.
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 | USOY |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.12% |
| AUM | $876.4B | $70M |
| Dividend Yield | 1.06% | 56.74% |
| Holdings | 508 | 36 |
| YTD Return | +13.32% | +63.05%Best |
| 1Y Return | +17.08% | +54.14%Best |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 11.7%Best | 31.2% |
| Max Drawdown | -18.8%Best | -25.5% |
| $10,000 over 2.4 years | $15,283 | $17,074Best |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | May 9, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 10, 2024 to Sep 23, 2026 (2.4 years).
IVV vs USOY 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 2.4 years both funds cover.
IVV vs USOY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Defiance Oil Enhanced Options Income ETF (USOY) is an ETF from Defiance ETFs, LLC. Over the past year IVV returned +17.08% while USOY returned +54.14%. Year to date, IVV is up 13.32% versus a gain of 63.05% for USOY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USOY has been the more volatile fund, with annualized monthly volatility of 31.2% compared with 11.7% 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 -18.8% for IVV and -25.5% for USOY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.21. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while USOY charges 1.12%. On a $10,000 position that is $3 vs $112 annually, a gap of $109 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 56.74% for USOY.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 2 in USOY, totalling 99.3% and 20.8% 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 490 positions we hold weights for in IVV and 2 in USOY, against full books of 508 and 36.
You are not choosing between two funds in isolation.
Whichever of IVV and USOY 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 USOY?
IVV has an expense ratio of 0.03% while USOY charges 1.12%. IVV is the cheaper option, by $109 a year on a $10,000 investment.
Which performed better, IVV or USOY?
Over the past year IVV returned +17.08% vs +54.14% for USOY, so USOY leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +19.33% vs +24.97% for USOY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USOY?
USOY has been the more volatile fund at 31.2% annualized versus 11.7% for IVV. Worst drawdown: IVV -18.8% vs USOY -25.5%.
Should I hold both IVV and USOY?
IVV and USOY have a monthly-return correlation of -0.21, 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 USOY?
IVV yields 1.06% while USOY yields 56.74%, so USOY currently pays the higher dividend yield.
Is USOY better than IVV?
IVV has a lower expense ratio. USOY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.