IVV vs VALQ
iShares Core S&P 500 ETF vs American Century US Quality Value ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | VALQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $886.7B | $361M | |
| Dividend Yield | 1.10% | 1.80% | |
| Holdings | 508 | 224 | |
| YTD Return | +12.64% | +10.16% | |
| 1Y Return | +20.92% | +15.82% | |
| 3Y Return (annualized) | +21.07% | +15.28% | |
| 5Y Return (annualized) | +12.62% | +8.95% | |
| Volatility (annualized) | 15.1% | 16.2% | |
| Max Drawdown | -56.5% | -38.2% | |
| Fund Family | iShares by BlackRock (US) | American Century Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 11, 2018 |
IVV vs VALQ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and American Century US Quality Value ETF (VALQ) is a ETF from American Century Investments. Over the past year IVV returned +20.92% while VALQ returned +15.82%. Year to date, IVV is up 12.64% versus a gain of 10.16% for VALQ.
Over three years, IVV compounded at +21.07% per year against +15.28% for VALQ; over five years the annualized figures are +12.62% and +8.95% respectively. Across the full 9-year window we track, VALQ has the edge at +8.30% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VALQ has been the more volatile fund, with annualized monthly volatility of 16.2% 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 -38.2% for VALQ. 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 0.91. 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 VALQ 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 1.10% against 1.80% for VALQ.
Holdings Overlap
IVV and VALQ share 153 holdings out of 575 unique holdings combined, representing a 26.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or VALQ?
IVV has an expense ratio of 0.03% while VALQ 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 VALQ?
Over the past year IVV returned +20.92% vs +15.82% for VALQ, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +6.98% vs +8.30% for VALQ. Past performance does not guarantee future results.
Which is riskier, IVV or VALQ?
VALQ has been the more volatile fund at 16.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VALQ -38.2%.
Should I hold both IVV and VALQ?
IVV and VALQ have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and VALQ?
IVV and VALQ share 153 common holdings with a 26.0% weight overlap. Combined, they hold 575 unique securities.
Which pays a higher dividend, IVV or VALQ?
IVV yields 1.10% while VALQ yields 1.80%, so VALQ currently pays the higher dividend yield.
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