IVV vs USXF
iShares Core S&P 500 ETF vs iShares ESG Advanced MSCI USA ETF
Which is better, IVV or USXF?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. USXF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. USXF is less concentrated, with 37.2% of the fund in its ten largest positions against 37.8%.
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 | USXF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.10% |
| AUM | $876.4B | $1.5B |
| Dividend Yield | 1.06% | 0.81% |
| Holdings | 508 | 294 |
| YTD Return | +12.39% | +16.74%Best |
| 1Y Return | +16.61% | +19.59%Best |
| 3Y Return (annualized) | +21.38% | +24.78%Best |
| 5Y Return (annualized) | +13.51% | +14.18%Best |
| Volatility (annualized) | 15.5%Best | 17.3% |
| Max Drawdown | -24.5%Best | -29.5% |
| $10,000 over 5 years | $18,844 | $19,407Best |
| Top 10 Weight | 37.8% | 37.2%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 16, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Jun 18, 2020 to Sep 18, 2026 (6.3 years).
IVV vs USXF 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 6.3 years both funds cover.
IVV vs USXF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares ESG Advanced MSCI USA ETF (USXF) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +16.61% while USXF returned +19.59%. Year to date, IVV is up 12.39% versus a gain of 16.74% for USXF.
Over three years, IVV compounded at +21.38% per year against +24.78% for USXF; over five years the annualized figures are +13.51% and +14.18% respectively. Across the full 6-year window we track, USXF has the edge at +18.06% annualized vs +16.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USXF has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.5% 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 -24.5% for IVV and -29.5% for USXF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while USXF charges 0.10%. On a $10,000 position that is $3 vs $10 annually, a gap of $7 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.81% for USXF.
Holdings Overlap
38.9% of IVV's money is in holdings USXF also owns. 92.1% of USXF's money is in holdings IVV also owns.
Most of USXF is already inside IVV. Owning both mostly buys the same companies twice.
222 positions in common, counted across the 490 positions we hold weights for in IVV and 278 in USXF, against full books of 508 and 294.
What only one of them owns
Our book lists 49 positions for USXF that do not appear in our book for IVV (6.6% of the fund), and 261 for IVV that do not appear in USXF (59.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in USXF | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 12.69% | 4.62% |
| AVGOBroadcom Inc | 2.65% | 6.62% | 3.97% |
| MUMicron Technology, Inc. | 1.63% | 4.28% | 2.65% |
| AMDAdvanced Micro Devices Inc | 1.16% | 3.04% | 1.88% |
| VVisa Inc Class A | 0.95% | 2.49% | 1.54% |
| MAMastercard Inc | 0.72% | 1.89% | 1.17% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.66% | 1.72% | 1.06% |
| INTCIntel Corporation | 0.67% | 1.56% | 0.89% |
| LRCXLam Research Corp | 0.57% | 1.49% | 0.92% |
| AMATApplied Materials, Inc. | 0.55% | 1.44% | 0.89% |
92.1% of USXF is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or USXF?
IVV has an expense ratio of 0.03% while USXF charges 0.10%. IVV is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, IVV or USXF?
Over the past year IVV returned +16.61% vs +19.59% for USXF, so USXF leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +16.93% vs +18.06% for USXF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or USXF?
USXF has been the more volatile fund at 17.3% annualized versus 15.5% for IVV. Worst drawdown: IVV -24.5% vs USXF -29.5%.
Should I hold both IVV and USXF?
IVV and USXF have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and USXF?
92.1% of USXF's money is in holdings IVV also owns. 92.1% of USXF's is in holdings IVV also owns. They hold 222 positions in common, counted across the 490 positions we hold weights for in IVV and 278 in USXF.
Which pays a higher dividend, IVV or USXF?
IVV yields 1.06% while USXF yields 0.81%, so IVV currently pays the higher dividend yield.
Is USXF better than IVV?
IVV has a lower expense ratio. USXF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. USXF is less concentrated, with 37.2% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.