BRNY vs IVV
Burney US Factor Rotation ETF vs iShares Core S&P 500 ETF
Which is better, BRNY or IVV?
BRNY has been ahead.
IVV has a lower expense ratio. BRNY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 43.2%.
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 | BRNY | IVV |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $621M | $896.5B |
| Dividend Yield | 0.18% | 1.10% |
| Holdings | 72 | 508 |
| YTD Return | +12.48% | +13.59%Best |
| 1Y Return | +18.97%Best | +17.54% |
| 3Y Return (annualized) | +26.11%Best | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 14.5% | 12.8%Best |
| Max Drawdown | -19.1% | -18.8%Best |
| $10,000 over 4 years | $23,688Best | $22,740 |
| Top 10 Weight | 43.2% | 38.9%Best |
| Fund Family | Burney Investment Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 13, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 14, 2022 to Oct 14, 2026 (4 years).
BRNY vs IVV 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 4 years both funds cover.
BRNY vs IVV Performance
Burney US Factor Rotation ETF (BRNY) is an ETF from Burney Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BRNY returned +18.97% while IVV returned +17.54%. Year to date, BRNY is up 12.48% versus a gain of 13.59% for IVV.
Over three years, BRNY compounded at +26.11% per year against +22.46% for IVV. Across the full 4-year window we track, BRNY has the edge at +24.06% annualized vs +22.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BRNY has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 12.8% 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 -19.1% for BRNY and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BRNY charges 0.79% per year while IVV charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, BRNY currently yields 0.18% against 1.10% for IVV.
Holdings Overlap
68.5% of BRNY's money is in holdings IVV also owns. 37.9% of IVV's money is in holdings BRNY also owns.
The two portfolios partly overlap.
35 positions in common, counted across the 74 positions we hold weights for in BRNY and 506 in IVV, against full books of 72 and 508.
What only one of them owns
Our book lists 465 positions for IVV that do not appear in our book for BRNY (61.5% of the fund), and 34 for BRNY that do not appear in IVV (26.9%).
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 BRNY | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.14% | 8.44% | 0.70% |
| MSFTMicrosoft Corp | 6.67% | 5.76% | 0.91% |
| AAPLApple, Inc | 4.90% | 7.29% | 2.39% |
| GOOGLAlphabet Inc | 5.61% | 3.00% | 2.61% |
| AMZNAmazon.Com Inc | 4.06% | 3.68% | 0.38% |
| MUMicron Technology, Inc. | 3.67% | 1.87% | 1.80% |
| AMDAdvanced Micro Devices, Inc | 2.17% | 1.52% | 0.65% |
| PLTRPalantir Technologies Inc | 2.58% | 0.66% | 1.92% |
| METAMeta Platforms Inc | 0.51% | 2.42% | 1.91% |
| ANETArista Networks Inc Common Stock | 2.28% | 0.32% | 1.96% |
68.5% of BRNY 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, BRNY or IVV?
BRNY has an expense ratio of 0.79% while IVV charges 0.03%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, BRNY or IVV?
Over the past year BRNY returned +18.97% vs +17.54% for IVV, so BRNY leads on 1-year performance. Over the longest common window we track (4 years), BRNY annualized +24.06% vs +22.80% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRNY or IVV?
BRNY has been the more volatile fund at 14.5% annualized versus 12.8% for IVV. Worst drawdown: BRNY -19.1% vs IVV -18.8%.
Should I hold both BRNY and IVV?
BRNY and IVV have a monthly-return correlation of 0.92, 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 BRNY and IVV?
68.5% of BRNY's money is in holdings IVV also owns. 37.9% of IVV's is in holdings BRNY also owns. They hold 35 positions in common, counted across the 74 positions we hold weights for in BRNY and 506 in IVV.
Which pays a higher dividend, BRNY or IVV?
BRNY yields 0.18% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than BRNY?
IVV has a lower expense ratio. BRNY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 43.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.