BGRO vs. IVV

Last updated Jul 12, 2026

BGRO (BlackRock Large Cap Growth ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - BGRO is a Large Cap Growth Equities fund actively managed by iShares, while IVV is a S&P 500 fund tracking the S&P 500 Index. BGRO is actively managed, while IVV is passively managed. Over the past year, BGRO returned 16.68% vs 22.47% for IVV. Their correlation of 0.90 suggests significant overlap in exposure. BGRO charges 0.55%/yr vs 0.03%/yr for IVV.

Performance

BGRO vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Large Cap Growth ETF (BGRO) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with BGRO having a 11.37% return and IVV slightly lower at 11.28%.

BGRO

• 1D: -0.02%
• 1M: 2.54%
• 6M: 9.38%
• YTD: 11.37%
• 1Y: 16.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVV

• 1D: 0.41%
• 1M: 2.01%
• 6M: 9.34%
• YTD: 11.28%
• 1Y: 22.47%
• 3Y*: 21.05%
• 5Y*: 13.21%
• 10Y*: 15.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGRO vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BGRO BlackRock Large Cap Growth ETF	11.37%	12.37%	11.06%
IVV iShares Core S&P 500 ETF	11.28%	17.85%	12.01%

Correlation

The correlation between BGRO and IVV is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 5, 2024	0.90

The correlation between BGRO and IVV has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

BGRO vs. IVV - Sectors Allocation Comparison

Sectors	BGRO	IVV
Technology	53.4%	39.0%
Industrials	14.0%	7.8%
Communication Services	11.3%	10.6%
Consumer Cyclical	9.4%	9.9%
Real Estate	4.0%	1.8%
Healthcare	2.9%	8.3%
Basic Materials	2.2%	1.7%
Financial Services	1.4%	11.1%
Consumer Defensive	0.9%	4.5%
Energy	0.7%	3.1%
Utilities	-	2.1%

Return for Risk

BGRO vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGRO

BGRO Risk / Return Rank: 27
BGRO Sharpe Ratio Rank: 28
BGRO Sortino Ratio Rank: 27
BGRO Omega Ratio Rank: 27
BGRO Calmar Ratio Rank: 24
BGRO Martin Ratio Rank: 27

IVV

IVV Risk / Return Rank: 67
IVV Sharpe Ratio Rank: 68
IVV Sortino Ratio Rank: 66
IVV Omega Ratio Rank: 67
IVV Calmar Ratio Rank: 62
IVV Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGRO vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BGRO	IVV	Difference
Sharpe ratio: Return per unit of total volatility	0.85	1.76	-0.91
Sortino ratio: Return per unit of downside risk	1.25	2.42	-1.18
Omega ratio: Gain probability vs. loss probability	1.16	1.32	-0.16
Calmar ratio: Return relative to maximum drawdown	0.92	2.49	-1.56
Martin ratio: Return relative to average drawdown	2.94	10.82	-7.88

BGRO vs. IVV - Sharpe Ratio Comparison

The current BGRO Sharpe Ratio is 0.85, which is lower than the IVV Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of BGRO and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BGRO vs. IVV - Drawdown Comparison

The maximum BGRO drawdown since its inception was -24.94%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BGRO and IVV.

Drawdown Indicators

	BGRO	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-55.25%	+30.31%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	-8.89%	-8.75%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-4.07%	-0.38%	-3.69%
Average Drawdown Average peak-to-trough decline	-4.77%	-10.75%	+5.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.53%	2.04%	+3.49%

Volatility

BGRO vs. IVV - Volatility Comparison

BlackRock Large Cap Growth ETF (BGRO) has a higher volatility of 6.57% compared to iShares Core S&P 500 ETF (IVV) at 4.59%. This indicates that BGRO's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGRO	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.57%	4.59%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	15.50%	10.02%	+5.48%
Volatility (1Y) Calculated over the trailing 1-year period	19.26%	12.56%	+6.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.59%	17.00%	+6.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.59%	18.04%	+5.55%

BGRO vs. IVV - Expense Ratio Comparison

BGRO has a 0.55% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

BGRO vs. IVV - Dividend Comparison

BGRO's dividend yield for the trailing twelve months is around 0.03%, less than IVV's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGRO BlackRock Large Cap Growth ETF	0.03%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IVV iShares Core S&P 500 ETF	1.08%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%

Frequently Asked Questions

Can I hold both BGRO and IVV in my portfolio?

BGRO and IVV have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BGRO or IVV?

BGRO has higher volatility (6.57%) compared to IVV (4.59%). In terms of maximum drawdown, BGRO dropped -24.94% vs IVV's -55.25%.

Which ETF is better, BGRO or IVV?

On 1-year performance, IVV leads with 22.47% vs 16.68% for BGRO. On fees, IVV is cheaper at 0.03% per year. On volatility, IVV has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BGRO or IVV?

Over the 1-year period, IVV has performed better with a 22.47% return vs 16.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BGRO or IVV?

IVV is cheaper with a 0.03% expense ratio, compared with 0.55% for BGRO.

Which ETF pays a higher dividend yield, BGRO or IVV?

IVV has the higher dividend yield at 1.08%, compared with 0.03% for BGRO.

What is the main difference between BGRO and IVV?

BGRO is categorized as Large Cap Growth Equities, while IVV is S&P 500. Their fees differ too: 0.55% for BGRO and 0.03% for IVV.

Which has better risk-adjusted returns?

IVV currently has the higher Sharpe Ratio (1.76 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.