IVV vs QUSA
iShares Core S&P 500 ETF vs VistaShares Target 15 USA Quality Income ETF
Which is better, IVV or QUSA?
IVV has been ahead.
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 51.7%.
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 | QUSA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.97% |
| AUM | $896.5B | $22M |
| Dividend Yield | 1.10% | 15.46% |
| Holdings | 508 | 97 |
| YTD Return | +13.59%Best | +7.42% |
| 1Y Return | +17.54%Best | +3.82% |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.6% | 9.6%Best |
| Max Drawdown | -8.9%Best | -9.5% |
| $10,000 over 1.4 years | $13,885Best | $10,771 |
| Top 10 Weight | 38.9%Best | 51.7% |
| Fund Family | iShares by BlackRock (US) | VistaShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | May 6, 2025 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 6, 2025 to Oct 14, 2026 (1.4 years).
IVV vs QUSA 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 1.4 years both funds cover.
IVV vs QUSA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and VistaShares Target 15 USA Quality Income ETF (QUSA) is an ETF from VistaShares. Over the past year IVV returned +17.54% while QUSA returned +3.82%. Year to date, IVV is up 13.59% versus a gain of 7.42% for QUSA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 9.6% for QUSA. 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 -9.5% for QUSA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while QUSA charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 15.46% for QUSA.
Holdings Overlap
39.1% of IVV's money is in holdings QUSA also owns. 99.5% of QUSA's money is in holdings IVV also owns.
Most of QUSA is already inside IVV. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 506 positions we hold weights for in IVV and 31 in QUSA, against full books of 508 and 97.
What only one of them owns
Our book lists 1 positions for QUSA that do not appear in our book for IVV (1.0% of the fund), and 470 for IVV that do not appear in QUSA (60.3%).
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 QUSA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 6.44% | 2.00% |
| AAPLApple, Inc | 7.29% | 6.24% | 1.05% |
| MSFTMicrosoft Corp | 5.76% | 5.25% | 0.51% |
| GOOGLAlphabet Inc | 3.00% | 5.28% | 2.28% |
| LRCXLrcx Uw Equity | 0.64% | 6.85% | 6.21% |
| METAMeta Platforms Inc | 2.42% | 3.89% | 1.47% |
| AMATApplied Materials, Inc. | 0.64% | 5.43% | 4.79% |
| MUMicron Technology, Inc. | 1.87% | 3.97% | 2.10% |
| AVGOBroadcom Inc | 2.47% | 3.19% | 0.72% |
| VVisa Inc Class A | 0.93% | 4.27% | 3.34% |
99.5% of QUSA 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 QUSA?
IVV has an expense ratio of 0.03% while QUSA charges 0.97%. IVV is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, IVV or QUSA?
Over the past year IVV returned +17.54% vs +3.82% for QUSA, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +26.42% vs +5.45% for QUSA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QUSA?
IVV has been the more volatile fund at 11.6% annualized versus 9.6% for QUSA. Worst drawdown: IVV -8.9% vs QUSA -9.5%.
Should I hold both IVV and QUSA?
IVV and QUSA have a monthly-return correlation of 0.71, 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 QUSA?
99.5% of QUSA's money is in holdings IVV also owns. 99.5% of QUSA's is in holdings IVV also owns. They hold 30 positions in common, counted across the 506 positions we hold weights for in IVV and 31 in QUSA.
Which pays a higher dividend, IVV or QUSA?
IVV yields 1.10% while QUSA yields 15.46%, so QUSA currently pays the higher dividend yield.
Is QUSA 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 51.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.