Which returned more over the last year, IVV or USPX?

In the year to Oct 9, 2026, with distributions reinvested, IVV returned +17.3% and USPX +16.9%.

Which is cheaper, IVV or USPX?

Neither: IVV and USPX both charge 0.03% a year. Fees come from each fund's prospectus.

How much do IVV and USPX overlap with the S&P 500?

By their latest filed holdings, 100% of IVV and 98% of USPX by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

IVV vs USPX: Differences, Returns & Fees

IVV and USPX hold 91% of their weight in the same names. Net assets on Oct 9, 2026: $896.4bn for iShares Core S&P 500 ETF and $2.1bn for Franklin U.S. Equity Index ETF.

Both cost 0.03% a year; their one-year returns differ by 0.4 points; IVV is far larger, $896.4bn against $2.1bn.

Points (pts) are percentage points.

IVV vs USPX: Differences, Returns & Fees
	IVV	USPX
Expense ratio	0.03%	0.03%
Net assets	$896.4bn	$2.1bn
Total return, 1 year	+17.3%	+16.9%
What it tracks	S&P 500	Linked Morningstar US Target Market Exposure Index ††
Holdings in common	91%
Top ten holdings, share of the fund	39.0%	36.2%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 9, 2026.

+17.3%

IVV total return, 1 year

+16.9%

USPX total return, 1 year

0.03%

IVV expense ratio

0.03%

USPX expense ratio

What they hold in common

By the books each fund has filed, IVV and USPX hold 91% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 9, 2026.

50%

half

91% in common

Positions both hold, largest shared weight first

Holding IVV USPX

NVIDIA 8.23% 7.29%

APPLE 7.29% 6.59%

MICROSOFT 5.89% 4.31%

AMAZON.COM INC 3.82% 3.64%

ALPHABET CLASS A 3.06% 3.25%

BROADCOM INC 2.55% 2.73%

ALPHABET CLASS C 2.45% 2.59%

META PLATFORMS CLASS A 2.35% 1.92%

MICRON TECHNOLOGY 1.72% 2.02%

TESLA INC 1.60% 1.84%

ADVANCED MICRO DEVICES 1.47% 1.48%

BERKSHIRE HATHAWAY INC CLASS B 1.42% 1.44%

Only in IVV

MODERNA 0.12%

VIVMARK RESIDENTIAL 0.07%

VYLOR 0.07%

CBOE GLOBAL MARKETS 0.05%

CASEYS GENERAL STORES INC 0.04%

QNITY ELECTRONICS 0.04%

WILLIAMS SONOMA INC 0.04%

BEST BUY 0.03%

Only in USPX

SNOWFLAKE INC 0.13%

MERCADOLIBRE INC 0.12%

CLOUDFLARE INC 0.12%

ASTERA LABS INC 0.10%

WARNER BROS. DISCOVERY INC 0.10%

CORTEVA INC 0.09%

ROCKET LAB CORP 0.08%

CHENIERE ENERGY INC 0.08%

Check overlap with more funds →

On the same fields

IVV

iShares Core S&P 500 ETF

USPX

Franklin U.S. Equity Index ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Franklin

What it is Tracks the S&P 500 Tracks an index

Total return, 1 year +17.3% +16.9%

Its benchmark over the same days +17.3% (SPY) +16.9% (BBUS)

Gap to its benchmark +0.1 pts vs SPY 0.0 pts vs BBUS

Expense ratio 0.03% 0.03%

Already in the S&P 500 99.8% 97.9%

Holdings 505 468

Net assets $896.4bn $2.1bn

IVV and USPX on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IVV

IVV tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% 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 9, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.0%.

About USPX

USPX tracks an index. Over the year to Oct 9, 2026 it returned +16.9% with distributions reinvested, against +16.9% for its benchmark, the Linked Morningstar US Target Market Exposure Index ††. By its holdings filed for Jun 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 468 positions, with the top ten at 36.2%.

Questions people ask

Which returned more over the last year, IVV or USPX?: In the year to Oct 9, 2026, with distributions reinvested, IVV returned +17.3% and USPX +16.9%.
Which is cheaper, IVV or USPX?: Neither: IVV and USPX both charge 0.03% a year. Fees come from each fund's prospectus.
How much do IVV and USPX overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 98% of USPX by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs JPEF IVV vs TMFC FINA vs IVV CGCV vs IVV SPY vs USPX USPX vs VOO USPX vs VTI IWB vs USPX

IVV on its own →USPX on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

IVV filings on SEC EDGAR ↗IVV prospectus with the expense ratio (SEC) ↗iShares page for IVV ↗USPX filings on SEC EDGAR ↗USPX prospectus with the expense ratio (SEC) ↗Franklin website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 USPX, data as of Oct 9, 2026. https://etfiq.com/compare/any/ivv-vs-uspx

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.