IVV vs PRN
iShares Core S&P 500 ETF vs Invesco Dorsey Wright Industrials Momentum ETF
Which is better, IVV or PRN?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, PRN over 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 41.0%.
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 | PRN |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $896.5B | $340M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 96 |
| YTD Return | +13.59%Best | +8.44% |
| 1Y Return | +17.54%Best | +9.06% |
| 3Y Return (annualized) | +22.46% | +24.80%Best |
| 5Y Return (annualized) | +13.28% | +14.17%Best |
| Volatility (annualized) | 15.3%Best | 21.4% |
| Max Drawdown | -56.5%Best | -59.9% |
| $10,000 over 5 years | $18,654 | $19,398Best |
| Top 10 Weight | 38.9%Best | 41.0% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Oct 12, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Oct 14, 2026 (20 years).
IVV vs PRN 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 20 years both funds cover.
IVV vs PRN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco Dorsey Wright Industrials Momentum ETF (PRN) is an ETF from Invesco (US). Over the past year IVV returned +17.54% while PRN returned +9.06%. Year to date, IVV is up 13.59% versus a gain of 8.44% for PRN.
Over three years, IVV compounded at +22.46% per year against +24.80% for PRN; over five years the annualized figures are +13.28% and +14.17% respectively. Across the full 20-year window we track, PRN has the edge at +11.35% annualized vs +9.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRN has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 15.3% 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 -56.5% for IVV and -59.9% for PRN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PRN charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for PRN.
Holdings Overlap
1.7% of IVV's money is in holdings PRN also owns. 31.8% of PRN's money is in holdings IVV also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in PRN, against full books of 508 and 96.
What only one of them owns
Our book lists 26 positions for PRN that do not appear in our book for IVV (66.0% of the fund), and 492 for IVV that do not appear in PRN (97.8%).
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 PRN | Difference |
|---|---|---|---|
| GWWWw Grainger Inc. | 0.08% | 5.09% | 5.01% |
| CTASCintas Corp. | 0.10% | 4.73% | 4.63% |
| GEGeneral Electric Co. | 0.49% | 4.20% | 3.71% |
| RTXRaytheon Technologies Corp | 0.38% | 3.63% | 3.25% |
| PHParker-Hannifin Corp. | 0.18% | 3.76% | 3.58% |
| JCIJohnson Controls Internation S | 0.14% | 3.71% | 3.57% |
| WABWestinghouse Air Brake Technologies Corp. | 0.07% | 3.73% | 3.66% |
| DEDeere & Co. | 0.25% | 2.92% | 2.67% |
31.8% of PRN 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 PRN?
IVV has an expense ratio of 0.03% while PRN charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or PRN?
Over the past year IVV returned +17.54% vs +9.06% for PRN, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +9.49% vs +11.35% for PRN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PRN?
PRN has been the more volatile fund at 21.4% annualized versus 15.3% for IVV. Worst drawdown: IVV -56.5% vs PRN -59.9%.
Should I hold both IVV and PRN?
IVV and PRN have a monthly-return correlation of 0.85, 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 PRN?
31.8% of PRN's money is in holdings IVV also owns. 31.8% of PRN's is in holdings IVV also owns. They hold 8 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in PRN.
Which pays a higher dividend, IVV or PRN?
IVV yields 1.10% while PRN yields 0.00%, so IVV currently pays the higher dividend yield.
Is PRN better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, PRN over 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 41.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.