ILCB vs IVV
iShares Morningstar US Equity ETF vs iShares Core S&P 500 ETF
Which is better, ILCB or IVV?
ILCB has been ahead.
ILCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. ILCB is less concentrated, with 37.4% 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 | ILCB | IVV |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $1.3B | $896.5B |
| Dividend Yield | 0.96% | 1.10% |
| Holdings | 530 | 508 |
| Volatility (annualized) | 14.6%Best | 14.7% |
| Max Drawdown | -52.8%Best | -56.5% |
| $10,000 over 22.3 years | $77,701Best | $74,449 |
| Top 10 Weight | 37.4%Best | 38.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 28, 2004 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ILCB has data through Oct 2, 2026 and IVV through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 22.3 years row, are measured over the window both funds cover: Jul 2, 2004 to Oct 2, 2026 (22.3 years).
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.6% for ILCB. 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 -52.8% for ILCB and -56.5% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILCB charges 0.03% per year while IVV charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, ILCB currently yields 0.96% against 1.10% for IVV.
Holdings Overlap
96.1% of ILCB's money is in holdings IVV also owns. 97.8% of IVV's money is in holdings ILCB also owns.
Most of IVV is already inside ILCB. Owning both mostly buys the same companies twice.
434 positions in common, counted across the 527 positions we hold weights for in ILCB and 506 in IVV, against full books of 530 and 508.
What only one of them owns
Our book lists 69 positions for IVV that do not appear in our book for ILCB (1.8% of the fund), and 81 for ILCB that do not appear in IVV (3.1%).
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 ILCB | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.66% | 8.44% | 0.78% |
| AAPLApple, Inc | 7.29% | 7.29% | 0.00% |
| MSFTMicrosoft Corp | 5.51% | 5.76% | 0.25% |
| AMZNAmazon.Com Inc | 3.77% | 3.68% | 0.09% |
| GOOGLAlphabet Inc | 2.96% | 3.00% | 0.04% |
| AVGOBroadcom Inc | 2.52% | 2.47% | 0.05% |
| GOOGAlphabet Inc. C | 2.36% | 2.41% | 0.05% |
| METAMeta Platforms Inc | 2.12% | 2.42% | 0.30% |
| MUMicron Technology, Inc. | 1.64% | 1.87% | 0.23% |
| TSLATesla Inc | 1.54% | 1.51% | 0.03% |
97.8% of IVV is already inside ILCB.
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, ILCB or IVV?
ILCB has an expense ratio of 0.03% while IVV charges 0.03%. At the precision these are quoted to, they cost the same.
Which is riskier, ILCB or IVV?
IVV has been the more volatile fund at 14.7% annualized versus 14.6% for ILCB. Worst drawdown: ILCB -52.8% vs IVV -56.5%.
Should I hold both ILCB and IVV?
ILCB and IVV have a monthly-return correlation of 0.99, 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 ILCB and IVV?
97.8% of IVV's money is in holdings ILCB also owns. 97.8% of IVV's is in holdings ILCB also owns. They hold 434 positions in common, counted across the 527 positions we hold weights for in ILCB and 506 in IVV.
Which pays a higher dividend, ILCB or IVV?
ILCB yields 0.96% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than ILCB?
ILCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. ILCB is less concentrated, with 37.4% 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.