IVV vs VALQ

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVVALQWinner
Expense Ratio0.03%0.29%
AUM$865.2B$330M
Dividend Yield1.09%1.80%
Holdings508227
YTD Return+13.72%+9.57%
1Y Return+21.64%+16.69%
3Y Return (annualized)+21.55%+14.59%
5Y Return (annualized)+13.27%+8.99%
Volatility (annualized)15.1%16.2%
Max Drawdown-56.5%-38.2%
Fund FamilyiShares by BlackRock (US)American Century Investments
CategoryEquityEquity
InceptionMay 15, 2000Jan 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 +21.64% while VALQ returned +16.69%. Year to date, IVV is up 13.72% versus a gain of 9.57% for VALQ.

Over three years, IVV compounded at +21.55% per year against +14.59% for VALQ; over five years the annualized figures are +13.27% and +8.99% respectively. Across the full 9-year window we track, VALQ has the edge at +8.29% annualized vs +7.04%. 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 1.09% against 1.80% for VALQ.

Holdings Overlap

28.3%overlap

IVV and VALQ share 155 holdings out of 573 unique holdings combined, representing a 28.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in VALQDifference
AAPL7.44%2.10%5.34%
NVDA7.76%0.18%7.58%
MSFT4.57%0.18%4.39%
AMZNProProPro
METAProProPro
GOOGLProProPro
MRKProProPro
CSCOProProPro
BMYProProPro
LMTProProPro
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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 +21.64% vs +16.69% for VALQ, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.04% vs +8.29% 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 155 common holdings with a 28.3% weight overlap. Combined, they hold 573 unique securities.

Which pays a higher dividend, IVV or VALQ?

IVV yields 1.09% while VALQ yields 1.80%, so VALQ currently pays the higher dividend yield.

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