IQSU vs IWV
NYLIM Candriam US Large Cap Equity ETF vs iShares Russell 3000 ETF
Which is better, IQSU or IWV?
Nearly the same fund. IQSU costs less.
IQSU has a lower expense ratio. IQSU led over 1Y and the full window, IWV over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.98. IWV is less concentrated, with 34.6% of the fund in its ten largest positions against 43.3%.
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 | IQSU | IWV |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.20% |
| AUM | $354M | $20.7B |
| Dividend Yield | 0.91% | 0.88% |
| Holdings | 264 | 5,163 |
| YTD Return | +15.73%Best | +12.89% |
| 1Y Return | +20.02%Best | +16.39% |
| 3Y Return (annualized) | +19.22% | +21.75%Best |
| 5Y Return (annualized) | +11.67% | +11.91%Best |
| Volatility (annualized) | 17.7% | 17.3%Best |
| Max Drawdown | -31.3%Best | -35.2% |
| $10,000 over 5 years | $17,365 | $17,553Best |
| Top 10 Weight | 43.3% | 34.6%Best |
| Fund Family | New York Life Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2019 | May 22, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
IQSU vs IWV 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 6.8 years both funds cover.
IQSU vs IWV Performance
NYLIM Candriam US Large Cap Equity ETF (IQSU) is an ETF from New York Life Investments and iShares Russell 3000 ETF (IWV) is an ETF from iShares by BlackRock (US). Over the past year IQSU returned +20.02% while IWV returned +16.39%. Year to date, IQSU is up 15.73% versus a gain of 12.89% for IWV.
Over three years, IQSU compounded at +19.22% per year against +21.75% for IWV; over five years the annualized figures are +11.67% and +11.91% respectively. Across the full 7-year window we track, IQSU has the edge at +15.49% annualized vs +14.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSU has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 17.3% for IWV. 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 -31.3% for IQSU and -35.2% for IWV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IQSU charges 0.09% per year while IWV charges 0.20%. On a $10,000 position that is $9 vs $20 annually, a gap of $11 per year that compounds over a long holding period. On income, IQSU currently yields 0.91% against 0.88% for IWV.
Holdings Overlap
96.8% of IQSU's money is in holdings IWV also owns. 51.1% of IWV's money is in holdings IQSU also owns.
Most of IQSU is already inside IWV. Owning both mostly buys the same companies twice.
253 positions in common, counted across the 269 positions we hold weights for in IQSU and 2,586 in IWV, against full books of 264 and 5,163.
What only one of them owns
Our book lists 879 positions for IWV that do not appear in our book for IQSU (45.1% of the fund), and 11 for IQSU that do not appear in IWV (2.5%).
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 IQSU | Weight in IWV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.22% | 6.50% | 3.72% |
| MSFTMicrosoft Corp | 5.46% | 5.18% | 0.28% |
| AMZNAmazon.Com Inc | 4.78% | 3.28% | 1.50% |
| GOOGLAlphabet Inc | 5.24% | 2.68% | 2.56% |
| GOOGAlphabet Inc. C | 4.53% | 2.17% | 2.36% |
| MUMicron Technology, Inc. | 3.33% | 1.68% | 1.65% |
| TSLATesla Inc | 3.40% | 1.41% | 1.99% |
| AMDAdvanced Micro Devices Inc | 3.06% | 1.36% | 1.70% |
| INTCIntel Corporation | 1.53% | 0.75% | 0.78% |
| LRCXLrcx Uw Equity | 1.27% | 0.58% | 0.69% |
96.8% of IQSU is already inside IWV.
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, IQSU or IWV?
IQSU has an expense ratio of 0.09% while IWV charges 0.20%. IQSU is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, IQSU or IWV?
Over the past year IQSU returned +20.02% vs +16.39% for IWV, so IQSU leads on 1-year performance. Over the longest common window we track (7 years), IQSU annualized +15.49% vs +14.38% for IWV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSU or IWV?
IQSU has been the more volatile fund at 17.7% annualized versus 17.3% for IWV. Worst drawdown: IQSU -31.3% vs IWV -35.2%.
Should I hold both IQSU and IWV?
IQSU and IWV have a monthly-return correlation of 0.98, 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 IQSU and IWV?
96.8% of IQSU's money is in holdings IWV also owns. 51.1% of IWV's is in holdings IQSU also owns. They hold 253 positions in common, counted across the 269 positions we hold weights for in IQSU and 2,586 in IWV.
Which pays a higher dividend, IQSU or IWV?
IQSU yields 0.91% while IWV yields 0.88%, so IQSU currently pays the higher dividend yield.
Is IWV better than IQSU?
IQSU has a lower expense ratio. IQSU led over 1Y and the full window, IWV over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.98. IWV is less concentrated, with 34.6% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.