ILCB vs VOO
iShares Morningstar US Equity ETF vs Vanguard S&P 500 ETF
Which is better, ILCB or VOO?
Each has led over a different period.
ILCB led over 1Y, VOO over 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 37.9%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $1.3B | $1.0T |
| Dividend Yield | 0.96% | 1.06% |
| Holdings | 530 | 506 |
| Volatility (annualized) | 14.1%Tie | 14.1%Tie |
| Max Drawdown | -35.3% | -34.3%Best |
| $10,000 over 16.1 years | $73,191 | $76,054Best |
| Top 10 Weight | 37.4%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 28, 2004 | Sep 7, 2010 |
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 VOO through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 16.1 years row, are measured over the window both funds cover: Sep 9, 2010 to Oct 2, 2026 (16.1 years).
Risk: Volatility and Drawdowns
ILCB and VOO have been equally volatile, both at 14.1% annualized.
The deepest peak-to-trough decline in our data was -35.3% for ILCB and -34.3% for VOO. 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 VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, ILCB currently yields 0.96% against 1.06% for VOO.
Holdings Overlap
95.9% of ILCB's money is in holdings VOO also owns. 98.0% of VOO's money is in holdings ILCB also owns.
Most of VOO is already inside ILCB. Owning both mostly buys the same companies twice.
430 positions in common, counted across the 527 positions we hold weights for in ILCB and 504 in VOO, against full books of 530 and 506.
What only one of them owns
Our book lists 71 positions for VOO that do not appear in our book for ILCB (1.8% of the fund), and 84 for ILCB that do not appear in VOO (3.2%).
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 VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.66% | 8.09% | 0.43% |
| AAPLApple, Inc | 7.29% | 7.04% | 0.25% |
| MSFTMicrosoft Corp | 5.51% | 5.70% | 0.19% |
| AMZNAmazon.Com Inc | 3.77% | 3.85% | 0.08% |
| GOOGLAlphabet Inc | 2.96% | 3.01% | 0.05% |
| AVGOBroadcom Inc | 2.52% | 2.65% | 0.13% |
| GOOGAlphabet Inc. C | 2.36% | 2.40% | 0.04% |
| METAMeta Platforms Inc | 2.12% | 1.90% | 0.22% |
| MUMicron Technology, Inc. | 1.64% | 1.64% | 0.00% |
| TSLATesla Inc | 1.54% | 1.57% | 0.03% |
98.0% of VOO 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 VOO?
ILCB has an expense ratio of 0.03% while VOO charges 0.03%. At the precision these are quoted to, they cost the same.
Which is riskier, ILCB or VOO?
ILCB and VOO have been equally volatile, both at 14.1% annualized. Worst drawdown: ILCB -35.3% vs VOO -34.3%.
Should I hold both ILCB and VOO?
ILCB and VOO 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 VOO?
98.0% of VOO's money is in holdings ILCB also owns. 98.0% of VOO's is in holdings ILCB also owns. They hold 430 positions in common, counted across the 527 positions we hold weights for in ILCB and 504 in VOO.
Which pays a higher dividend, ILCB or VOO?
ILCB yields 0.96% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than ILCB?
ILCB led over 1Y, VOO over 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 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.