IVV vs QFLR
iShares Core S&P 500 ETF vs Innovator Nasdaq-100 Managed Floor ETF
Which is better, IVV or QFLR?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 53.8%.
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 | QFLR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.89% |
| AUM | $896.5B | $527M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 168 |
| YTD Return | +13.59%Best | +4.34% |
| 1Y Return | +17.54%Best | +7.47% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.8% | 10.2%Best |
| Max Drawdown | -18.8% | -14.0%Best |
| $10,000 over 2.7 years | $16,265Best | $14,228 |
| Top 10 Weight | 38.9%Best | 53.8% |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Jan 22, 2024 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 25, 2024 to Oct 14, 2026 (2.7 years).
IVV vs QFLR 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 2.7 years both funds cover.
IVV vs QFLR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an ETF from Innovator ETFs Trust. Over the past year IVV returned +17.54% while QFLR returned +7.47%. Year to date, IVV is up 13.59% versus a gain of 4.34% for QFLR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 10.2% for QFLR. 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 -14.0% for QFLR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QFLR charges 0.89%. On a $10,000 position that is $3 vs $89 annually, a gap of $86 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for QFLR.
Holdings Overlap
45.5% of IVV's money is in holdings QFLR also owns. 91.8% of QFLR's money is in holdings IVV also owns.
Most of QFLR is already inside IVV. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 506 positions we hold weights for in IVV and 44 in QFLR, against full books of 508 and 168.
What only one of them owns
Our book lists 3 positions for QFLR that do not appear in our book for IVV (4.8% of the fund), and 461 for IVV that do not appear in QFLR (54.0%).
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 QFLR | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 9.04% | 0.60% |
| AAPLApple, Inc | 7.29% | 8.10% | 0.81% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 7.10% | 1.34% |
| AMZNAmazon.Com Inc | 3.68% | 5.03% | 1.35% |
| MUMicron Technology, Inc. | 1.87% | 5.23% | 3.36% |
| AMDAdvanced Micro Devices Inc. | 1.52% | 5.07% | 3.55% |
| GOOGLAlphabet Inc-cl A | 3.00% | 3.49% | 0.49% |
| METAMeta Platform Inc | 2.42% | 3.42% | 1.00% |
| GOOGAlphabet, Inc.- Cl C | 2.41% | 3.30% | 0.89% |
| AVGOBroadcom Inc | 2.47% | 3.06% | 0.59% |
91.8% of QFLR 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 QFLR?
IVV has an expense ratio of 0.03% while QFLR charges 0.89%. IVV is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, IVV or QFLR?
Over the past year IVV returned +17.54% vs +7.47% for QFLR, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QFLR?
IVV has been the more volatile fund at 11.8% annualized versus 10.2% for QFLR. Worst drawdown: IVV -18.8% vs QFLR -14.0%.
Should I hold both IVV and QFLR?
IVV and QFLR have a monthly-return correlation of 0.83, 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 QFLR?
91.8% of QFLR's money is in holdings IVV also owns. 91.8% of QFLR's is in holdings IVV also owns. They hold 39 positions in common, counted across the 506 positions we hold weights for in IVV and 44 in QFLR.
Which pays a higher dividend, IVV or QFLR?
IVV yields 1.10% while QFLR yields 0.00%, so IVV currently pays the higher dividend yield.
Is QFLR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 53.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.