Data as of Oct 28, 2026.
IVV vs QUSA: Differences, Returns & Fees
Over the year to Oct 28, 2026, IVV returned +13.7% to QUSA's +1.4%, and IVV charges 0.03% to QUSA's 0.97%.
askIQ about this page
askIQ about IVV and QUSA
Net assets on Oct 27, 2026: $885.1bn for iShares Core S&P 500 ETF and $21m for VistaShares Target 15 USA Quality Income ETF.
Pair scorecard
IVV costs 0.94 points a year less; their one-year returns differ by 12.3 points; IVV is far larger, $885.1bn against $21m.
| Measure | IVV | QUSA |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.7% | +1.4% |
| Price change, 1 year | rose 12.4% | fell 12.7% |
| Latest payout, annualized | 15.0% | |
| Return of capital, issuer estimate | 100% of the Oct 27, 2026 payment | |
| Against its benchmark | ||
| What it tracks | S&P 500 | Benchmark: S&P 500, measured through SPY |
| Against its benchmark, same days | behind by 12.2 pts | |
| Cost and size | ||
| Expense ratio | 0.03% | 0.97% |
| Net assets, as of Oct 27, 2026 | $885.1bn | $21m |
| Holdings | ||
| Holdings in common | 35% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 38.1% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
May 16, 2025 to Oct 23, 2026 · 75 weekly returns · each against SPYIVV returned more: +30.1% to −4.1%. QUSA swung less: 10.3% to 11.8%. IVV fell less at its worst: −8.4% to −9.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IVV | QUSA | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +30.1% | −4.1% | IVV | Price change plus distributions, reinvested. | |
| Annualized | +20.0% | −2.9% | IVV | Total return as a yearly rate. | |
| Price return | +27.8% | −19.6% | IVV | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 11.8% | 10.3% | QUSA | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 7.0% | 8.1% | IVV | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −8.4% | −9.7% | IVV | Deepest fall from a high to the low after it. | |
| Upside capture | 100.8% | 41.5% | 100.0% | IVV | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 100.6% | 99.5% | 100.0% | Tie | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 1.01 | 0.69 | 1.00 | QUSA lower | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.62 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.27 | −0.61 | IVV | Return above Treasury bills per unit of volatility. | |
| Sortino | 2.15 | −0.78 | IVV | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.150 | −0.092 | 0.150 | IVV | Return above Treasury bills per unit of beta. |
| Calmar | 2.39 | −0.30 | IVV | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | 0.0% a year | −16.6% a year | 0.0% | QUSA significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.08 | −3.05 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −0.7% to +0.6% | −27.5% to −5.8% | IVV's includes zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.19 | −2.89 | IVV | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.4% | 7.4% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 75 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IVV and QUSA hold 35% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
35% in common
Only in one fund ↓
Side by side
IVV and QUSA on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
IVV and QUSA do different jobs. What does each one do in a portfolio?
- What each follows. IVV follows S&P 500 and QUSA is measured against S&P 500 through SPY.
- Holdings in common. 35% of the weight is in the same securities (holdings dated Oct 27, 2026 and Oct 28, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IVV returned +13.7% and QUSA +1.4% with distributions reinvested, a gap of 12.3 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
IVV
IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.
QUSA
Over the year to Oct 28, 2026, QUSA paid 14.1% of its starting value in cash distributions while its price fell 12.7%. With every distribution reinvested, the fund returned +1.4%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 12.2 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 15.0%, paid monthly. VistaShares estimates that 100% of the distribution paid Oct 27, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are IVV and QUSA in the same category?
- IVV is a stock ETF and QUSA is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, IVV or QUSA?
- In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and QUSA +1.4%.
- Which is cheaper, IVV or QUSA?
- IVV is cheaper, by 0.94 percentage points a year. That is about $94 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IVV against QUSA, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-qusa
ETFIQ. (Oct 28, 2026). IVV against QUSA. Retrieved from https://etfiq.com/compare/any/ivv-vs-qusa
[IVV against QUSA (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ivv-vs-qusa)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.