IVV vs LSVD
iShares Core S&P 500 ETF vs LSV Disciplined Value ETF
Which is better, IVV or LSVD?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. LSVD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. LSVD is less concentrated, with 35.0% 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 | IVV | LSVD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $896.5B | $678M |
| Dividend Yield | 1.10% | 0.27% |
| Holdings | 508 | 136 |
| YTD Return | +13.59% | +20.92%Best |
| 1Y Return | +17.54% | +30.07%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 12.3%Best | 13.3% |
| Max Drawdown | -18.8%Best | -19.3% |
| $10,000 over 1.8 years | $13,399 | $14,810Best |
| Top 10 Weight | 38.9% | 35.0%Best |
| Fund Family | iShares by BlackRock (US) | LSV Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Dec 17, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).
IVV vs LSVD 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 1.8 years both funds cover.
IVV vs LSVD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and LSV Disciplined Value ETF (LSVD) is an ETF from LSV Asset Management. Over the past year IVV returned +17.54% while LSVD returned +30.07%. Year to date, IVV is up 13.59% versus a gain of 20.92% for LSVD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LSVD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.3% 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 -18.8% for IVV and -19.3% for LSVD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. 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 LSVD charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.27% for LSVD.
Holdings Overlap
59.1% of IVV's money is in holdings LSVD also owns. 83.4% of LSVD's money is in holdings IVV also owns.
Most of LSVD is already inside IVV. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 506 positions we hold weights for in IVV and 135 in LSVD, against full books of 508 and 136.
What only one of them owns
Our book lists 43 positions for LSVD that do not appear in our book for IVV (16.3% of the fund), and 409 for IVV that do not appear in LSVD (40.3%).
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 IVV | Weight in LSVD | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 6.81% | 1.63% |
| AAPLApple, Inc | 7.29% | 5.62% | 1.67% |
| MSFTMicrosoft Corp | 5.76% | 3.33% | 2.43% |
| AMZNAmazon.Com Inc | 3.68% | 3.67% | 0.01% |
| GOOGLAlphabet Inc | 3.00% | 3.61% | 0.61% |
| GOOGAlphabet Inc. C | 2.41% | 3.07% | 0.66% |
| METAMeta Platforms Inc | 2.42% | 2.80% | 0.38% |
| MUMicron Technology, Inc. | 1.87% | 2.21% | 0.34% |
| AVGOBroadcom Inc | 2.47% | 1.07% | 1.40% |
| JPMJpmorgan Chase | 1.34% | 1.57% | 0.23% |
83.4% of LSVD is already inside IVV.
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, IVV or LSVD?
IVV has an expense ratio of 0.03% while LSVD charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or LSVD?
Over the past year IVV returned +17.54% vs +30.07% for LSVD, so LSVD leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.65% vs +24.38% for LSVD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LSVD?
LSVD has been the more volatile fund at 13.3% annualized versus 12.3% for IVV. Worst drawdown: IVV -18.8% vs LSVD -19.3%.
Should I hold both IVV and LSVD?
IVV and LSVD have a monthly-return correlation of 0.97, 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 IVV and LSVD?
83.4% of LSVD's money is in holdings IVV also owns. 83.4% of LSVD's is in holdings IVV also owns. They hold 91 positions in common, counted across the 506 positions we hold weights for in IVV and 135 in LSVD.
Which pays a higher dividend, IVV or LSVD?
IVV yields 1.10% while LSVD yields 0.27%, so IVV currently pays the higher dividend yield.
Is LSVD better than IVV?
IVV has a lower expense ratio. LSVD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. LSVD is less concentrated, with 35.0% 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.