COPY vs IVV
Tweedy, Browne Insider + Value ETF vs iShares Core S&P 500 ETF
Which is better, COPY or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. COPY led over 1Y and the full window. COPY is less concentrated, with 11.2% of the fund in its ten largest positions against 38.9%.
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 | COPY | IVV |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $415M | $896.5B |
| Dividend Yield | 0.80% | 1.10% |
| Holdings | 204 | 508 |
| YTD Return | +17.98%Best | +13.59% |
| 1Y Return | +27.18%Best | +17.54% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 11.0%Best | 12.3% |
| Max Drawdown | -14.1%Best | -18.8% |
| $10,000 over 1.8 years | $15,536Best | $13,221 |
| Top 10 Weight | 11.2%Best | 38.9% |
| Fund Family | Tweedy Browne Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 27, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 27, 2024 to Oct 14, 2026 (1.8 years).
COPY 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 1.8 years both funds cover.
COPY vs IVV Performance
Tweedy, Browne Insider + Value ETF (COPY) is an ETF from Tweedy Browne Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year COPY returned +27.18% while IVV returned +17.54%. Year to date, COPY is up 17.98% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.0% for COPY. 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 -14.1% for COPY 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
COPY charges 0.80% per year while IVV charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, COPY currently yields 0.80% against 1.10% for IVV.
Holdings Overlap
7.5% of COPY's money is in holdings IVV also owns. 3.1% of IVV's money is in holdings COPY also owns.
COPY and IVV share little of their money.
14 positions in common, counted across the 161 positions we hold weights for in COPY and 506 in IVV, against full books of 204 and 508.
What only one of them owns
Our book lists 487 positions for IVV that do not appear in our book for COPY (96.4% of the fund), and 38 for COPY that do not appear in IVV (20.0%).
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 COPY | Weight in IVV | Difference |
|---|---|---|---|
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.45% | 1.41% | 0.96% |
| UNHUnitedhealth Group Incorporated | 0.42% | 0.50% | 0.08% |
| ELVElevance Health Inc | 0.73% | 0.13% | 0.60% |
| BMYBristol-Myers Squibb Co. | 0.66% | 0.19% | 0.47% |
| COPConocophillips Common Stock USD 0.01 | 0.58% | 0.23% | 0.35% |
| ADBEAdobe Systems | 0.66% | 0.14% | 0.52% |
| CICigna Corp. | 0.59% | 0.11% | 0.48% |
| ZTSZoetis Inc . | 0.57% | 0.04% | 0.53% |
| APTV:SMAptiv Plc | 0.57% | 0.01% | 0.56% |
| UPSUnited Parcel Service, Inc | 0.46% | 0.11% | 0.35% |
You are not choosing between two funds in isolation.
Whichever of COPY and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, COPY or IVV?
COPY has an expense ratio of 0.80% while IVV charges 0.03%. IVV is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, COPY or IVV?
Over the past year COPY returned +27.18% vs +17.54% for IVV, so COPY leads on 1-year performance. Over the longest common window we track (2 years), COPY annualized +27.73% vs +16.78% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, COPY or IVV?
IVV has been the more volatile fund at 12.3% annualized versus 11.0% for COPY. Worst drawdown: COPY -14.1% vs IVV -18.8%.
Should I hold both COPY and IVV?
COPY and IVV have a monthly-return correlation of 0.59, 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 COPY and IVV?
7.5% of COPY's money is in holdings IVV also owns. 3.1% of IVV's is in holdings COPY also owns. They hold 14 positions in common, counted across the 161 positions we hold weights for in COPY and 506 in IVV.
Which pays a higher dividend, COPY or IVV?
COPY yields 0.80% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than COPY?
IVV has a lower expense ratio. COPY led over 1Y and the full window. COPY is less concentrated, with 11.2% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.