IVV vs VLUE
iShares Core S&P 500 ETF vs iShares MSCI USA Value Factor ETF
Which is better, IVV or VLUE?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over the full window, VLUE over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 43.0%.
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 | VLUE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $9.6B |
| Dividend Yield | 1.06% | 1.39% |
| Holdings | 508 | 156 |
| YTD Return | +12.51% | +46.45%Best |
| 1Y Return | +17.57% | +68.83%Best |
| 3Y Return (annualized) | +21.27% | +32.30%Best |
| 5Y Return (annualized) | +12.95% | +17.40%Best |
| Volatility (annualized) | 14.4%Best | 18.8% |
| Max Drawdown | -33.9%Best | -39.5% |
| $10,000 over 5 years | $18,384 | $22,302Best |
| Top 10 Weight | 37.9%Best | 43.0% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Apr 16, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Apr 18, 2013 to Sep 11, 2026 (13.4 years).
IVV vs VLUE 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 13.4 years both funds cover.
IVV vs VLUE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares MSCI USA Value Factor ETF (VLUE) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.57% while VLUE returned +68.83%. Year to date, IVV is up 12.51% versus a gain of 46.45% for VLUE.
Over three years, IVV compounded at +21.27% per year against +32.30% for VLUE; over five years the annualized figures are +12.95% and +17.40% respectively. Across the full 13-year window we track, IVV has the edge at +13.34% annualized vs +12.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VLUE has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 14.4% 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 -33.9% for IVV and -39.5% for VLUE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while VLUE charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.39% for VLUE.
Holdings Overlap
13.1% of IVV's money is in holdings VLUE also owns. 96.7% of VLUE's money is in holdings IVV also owns.
Most of VLUE is already inside IVV. Owning both mostly buys the same companies twice.
133 positions in common, counted across the 505 positions we hold weights for in IVV and 152 in VLUE, against full books of 508 and 156.
What only one of them owns
Our book lists 17 positions for VLUE that do not appear in our book for IVV (3.1% of the fund), and 364 for IVV that do not appear in VLUE (86.3%).
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 VLUE | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.51% | 19.89% | 18.38% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 4.72% | 4.00% |
| GMGeneral Motors Co. | 0.12% | 3.83% | 3.71% |
| VZVerizon Communications, Inc. | 0.29% | 2.87% | 2.58% |
| BACBank Of America Corp. | 0.62% | 2.17% | 1.55% |
| TAt&t, Inc. | 0.24% | 2.47% | 2.23% |
| FFord Motor Co. | 0.08% | 2.00% | 1.92% |
| CCitigroup Inc. | 0.35% | 1.62% | 1.27% |
| CMCSAComcast Corp. Class A | 0.13% | 1.78% | 1.65% |
| PFEPfizer, Inc. | 0.22% | 1.57% | 1.35% |
96.7% of VLUE 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 VLUE?
IVV has an expense ratio of 0.03% while VLUE charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or VLUE?
Over the past year IVV returned +17.57% vs +68.83% for VLUE, so VLUE leads on 1-year performance. Over the longest common window we track (13 years), IVV annualized +13.34% vs +12.30% for VLUE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VLUE?
VLUE has been the more volatile fund at 18.8% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs VLUE -39.5%.
Should I hold both IVV and VLUE?
IVV and VLUE have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and VLUE?
96.7% of VLUE's money is in holdings IVV also owns. 96.7% of VLUE's is in holdings IVV also owns. They hold 133 positions in common, counted across the 505 positions we hold weights for in IVV and 152 in VLUE.
Which pays a higher dividend, IVV or VLUE?
IVV yields 1.06% while VLUE yields 1.39%, so VLUE currently pays the higher dividend yield.
Is VLUE better than IVV?
IVV has a lower expense ratio. IVV led over the full window, VLUE over 1Y, 3Y and 5Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 43.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.