IVV vs LITL
iShares Core S&P 500 ETF vs Simplify Piper Sandler US Small-Cap PLUS Income ETF
Which is better, IVV or LITL?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over the full window, LITL over 1Y.
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 | LITL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.91% |
| AUM | $896.5B | $6M |
| Dividend Yield | 1.10% | 2.09% |
| Holdings | 508 | 160 |
| YTD Return | +13.59% | +14.95%Best |
| 1Y Return | +17.54% | +20.93%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.8%Best | 14.8% |
| Max Drawdown | -8.9%Best | -9.3% |
| $10,000 over 1.5 years | $14,268Best | $13,680 |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Apr 28, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 29, 2025 to Oct 14, 2026 (1.5 years).
IVV vs LITL 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 1.5 years both funds cover.
IVV vs LITL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) is an ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +17.54% while LITL returned +20.93%. Year to date, IVV is up 13.59% versus a gain of 14.95% for LITL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LITL has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 11.8% for IVV. 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 -8.9% for IVV and -9.3% for LITL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while LITL charges 0.91%. On a $10,000 position that is $3 vs $91 annually, a gap of $88 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.09% for LITL.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 162 in LITL, totalling 99.9% and 94.4% 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 162 in LITL, against full books of 508 and 160.
You are not choosing between two funds in isolation.
Whichever of IVV and LITL 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 LITL?
IVV has an expense ratio of 0.03% while LITL charges 0.91%. IVV is the cheaper option, by $88 a year on a $10,000 investment.
Which performed better, IVV or LITL?
Over the past year IVV returned +17.54% vs +20.93% for LITL, so LITL leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +26.74% vs +23.23% for LITL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LITL?
LITL has been the more volatile fund at 14.8% annualized versus 11.8% for IVV. Worst drawdown: IVV -8.9% vs LITL -9.3%.
Should I hold both IVV and LITL?
IVV and LITL have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or LITL?
IVV yields 1.10% while LITL yields 2.09%, so LITL currently pays the higher dividend yield.
Is LITL better than IVV?
IVV has a lower expense ratio. IVV led over the full window, LITL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.