IVV vs LCR
iShares Core S&P 500 ETF vs Leuthold Core ETF
Which is better, IVV or LCR?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 65.1%.
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 | IVV | LCR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.83% |
| AUM | $896.5B | $66M |
| Dividend Yield | 1.10% | 1.30% |
| Holdings | 508 | 68 |
| Volatility (annualized) | 18.3% | 10.1%Best |
| Max Drawdown | -33.9% | -17.4%Best |
| $10,000 over 5 years | $19,492Best | $14,558 |
| Top 10 Weight | 38.9%Best | 65.1% |
| Fund Family | iShares by BlackRock (US) | Leuthold Funds |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Jan 3, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 635 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Oct 14, 2026 and LCR through Jan 17, 2025.
Volatility and max drawdown, and the $10,000 over 5 years row, are measured over the window both funds cover: Jan 6, 2020 to Jan 17, 2025 (5 years).
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 10.1% for LCR. 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 -33.9% for IVV and -17.4% for LCR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while LCR charges 0.83%. On a $10,000 position that is $3 vs $83 annually, a gap of $80 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.30% for LCR.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 33 in LCR, totalling 99.9% and 95.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 33 in LCR, against full books of 508 and 68.
What only one of them owns
Our book lists 33 positions for LCR that do not appear in our book for IVV (95.5% of the fund), and 500 for IVV that do not appear in LCR (99.4%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and LCR 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, IVV or LCR?
IVV has an expense ratio of 0.03% while LCR charges 0.83%. IVV is the cheaper option, by $80 a year on a $10,000 investment.
Which is riskier, IVV or LCR?
IVV has been the more volatile fund at 18.3% annualized versus 10.1% for LCR. Worst drawdown: IVV -33.9% vs LCR -17.4%.
Should I hold both IVV and LCR?
IVV and LCR have a monthly-return correlation of 0.96, 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.
Which pays a higher dividend, IVV or LCR?
IVV yields 1.10% while LCR yields 1.30%, so LCR currently pays the higher dividend yield.
Is LCR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 65.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.