IVV vs OPTZ
iShares Core S&P 500 ETF vs Optimize Strategy Index ETF
Which is better, IVV or OPTZ?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% 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 | OPTZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $896.5B | $267M |
| Dividend Yield | 1.10% | 0.47% |
| Holdings | 508 | 339 |
| YTD Return | +13.59% | +21.82%Best |
| 1Y Return | +17.54% | +27.14%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.6%Best | 18.9% |
| Max Drawdown | -18.8%Best | -25.5% |
| $10,000 over 2.5 years | $15,771 | $17,764Best |
| Top 10 Weight | 38.9% | 13.3%Best |
| Fund Family | iShares by BlackRock (US) | Optimize Financial |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Apr 23, 2024 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 23, 2024 to Oct 14, 2026 (2.5 years).
IVV vs OPTZ 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 2.5 years both funds cover.
IVV vs OPTZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Optimize Strategy Index ETF (OPTZ) is an ETF from Optimize Financial. Over the past year IVV returned +17.54% while OPTZ returned +27.14%. Year to date, IVV is up 13.59% versus a gain of 21.82% for OPTZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPTZ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 11.6% 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 -25.5% for OPTZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OPTZ charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.47% for OPTZ.
Holdings Overlap
48.2% of IVV's money is in holdings OPTZ also owns. 54.7% of OPTZ's money is in holdings IVV also owns.
The two portfolios partly overlap.
176 positions in common, counted across the 506 positions we hold weights for in IVV and 392 in OPTZ, against full books of 508 and 339.
What only one of them owns
Our book lists 209 positions for OPTZ that do not appear in our book for IVV (43.2% of the fund), and 324 for IVV that do not appear in OPTZ (51.3%).
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 OPTZ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 1.11% | 7.33% |
| MSFTMicrosoft Corp | 5.76% | 1.14% | 4.62% |
| AMZNAmazon.Com Inc | 3.68% | 0.24% | 3.44% |
| MUMicron Technology, Inc. | 1.87% | 1.20% | 0.67% |
| AMDAdvanced Micro Devices Inc | 1.52% | 1.43% | 0.09% |
| AMATApplied Materials, Inc. | 0.64% | 1.29% | 0.65% |
| LRCXLrcx Uw Equity | 0.64% | 1.23% | 0.59% |
| TXNTexas Instrument Inc | 0.39% | 1.21% | 0.82% |
| LLYEli Lilly & Co. | 1.39% | 0.18% | 1.21% |
| JPMJpmorgan Chase | 1.34% | 0.22% | 1.12% |
54.7% of OPTZ 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 OPTZ?
IVV has an expense ratio of 0.03% while OPTZ charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IVV or OPTZ?
Over the past year IVV returned +17.54% vs +27.14% for OPTZ, so OPTZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OPTZ?
OPTZ has been the more volatile fund at 18.9% annualized versus 11.6% for IVV. Worst drawdown: IVV -18.8% vs OPTZ -25.5%.
Should I hold both IVV and OPTZ?
IVV and OPTZ have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and OPTZ?
54.7% of OPTZ's money is in holdings IVV also owns. 54.7% of OPTZ's is in holdings IVV also owns. They hold 176 positions in common, counted across the 506 positions we hold weights for in IVV and 392 in OPTZ.
Which pays a higher dividend, IVV or OPTZ?
IVV yields 1.10% while OPTZ yields 0.47%, so IVV currently pays the higher dividend yield.
Is OPTZ better than IVV?
IVV has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% 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.