IVV vs USRD
iShares Core S&P 500 ETF vs Themes US R&D Champions ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | USRD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $865.2B | $1M | |
| Dividend Yield | 1.09% | 0.37% | |
| Holdings | 508 | 103 | |
| YTD Return | +13.80% | +11.85% | |
| 1Y Return | +23.70% | +11.19% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 16.7% | |
| Max Drawdown | -56.5% | -22.7% | |
| Fund Family | iShares by BlackRock (US) | Themes ETFs | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 13, 2023 |
IVV vs USRD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Themes US R&D Champions ETF (USRD) is a ETF from Themes ETFs. Over the past year IVV returned +23.70% while USRD returned +11.19%. Year to date, IVV is up 13.80% versus a gain of 11.85% for USRD.
Risk: Volatility and Drawdowns
USRD has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -22.7% for USRD. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while USRD charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.37% for USRD.
Holdings Overlap
IVV and USRD share 47 holdings out of 509 unique holdings combined, representing a 22.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or USRD?
IVV has an expense ratio of 0.03% while USRD charges 0.29%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or USRD?
Over the past year IVV returned +23.70% vs +11.19% for USRD, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +17.96% for USRD. Past performance does not guarantee future results.
Which is riskier, IVV or USRD?
USRD has been the more volatile fund at 16.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs USRD -22.7%.
Should I hold both IVV and USRD?
IVV and USRD have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and USRD?
IVV and USRD share 47 common holdings with a 22.1% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or USRD?
IVV yields 1.09% while USRD yields 0.37%, so IVV currently pays the higher dividend yield.
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