PSET vs. IVV

Last updated Apr 2, 2026

Compare and contrast key facts about Principal Quality ETF (PSET) and iShares Core S&P 500 ETF (IVV).

PSET and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSET is a passively managed fund by Principal that tracks the performance of the NASDAQ US Price Setters. It was launched on Mar 21, 2016. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both PSET and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PSET vs. IVV - Performance Comparison

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

PSET vs. IVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSET Principal Quality ETF	-8.20%	7.27%	17.65%	24.07%	-16.52%	29.59%	16.20%	34.85%	-2.29%	24.63%
IVV iShares Core S&P 500 ETF	-3.67%	17.85%	24.93%	26.31%	-18.16%	28.76%	18.40%	31.07%	-4.49%	21.75%

Returns By Period

In the year-to-date period, PSET achieves a -8.20% return, which is significantly lower than IVV's -3.67% return. Over the past 10 years, PSET has underperformed IVV with an annualized return of 11.96%, while IVV has yielded a comparatively higher 14.11% annualized return.

PSET

• 1D: 0.68%
• 1M: -6.54%
• YTD: -8.20%
• 6M: -7.98%
• 1Y: 6.17%
• 3Y*: 10.86%
• 5Y*: 8.23%
• 10Y*: 11.96%

IVV

• 1D: 0.74%
• 1M: -4.30%
• YTD: -3.67%
• 6M: -1.44%
• 1Y: 18.17%
• 3Y*: 18.58%
• 5Y*: 11.92%
• 10Y*: 14.11%

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

PSET vs. IVV - Expense Ratio Comparison

PSET has a 0.15% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

PSET

Principal Quality ETF

IVV

iShares Core S&P 500 ETF

Return for Risk

PSET vs. IVV — Risk / Return Rank

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

PSET

PSET Risk / Return Rank: 22
PSET Sharpe Ratio Rank: 20
PSET Sortino Ratio Rank: 20
PSET Omega Ratio Rank: 21
PSET Calmar Ratio Rank: 23
PSET Martin Ratio Rank: 24

IVV

IVV Risk / Return Rank: 60
IVV Sharpe Ratio Rank: 53
IVV Sortino Ratio Rank: 57
IVV Omega Ratio Rank: 61
IVV Calmar Ratio Rank: 58
IVV Martin Ratio Rank: 69

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.

PSET vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Quality ETF (PSET) 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.

	PSET	IVV	Difference
Sharpe ratio Return per unit of total volatility	0.32	1.00	-0.68
Sortino ratio Return per unit of downside risk	0.61	1.52	-0.91
Omega ratio Gain probability vs. loss probability	1.09	1.23	-0.15
Calmar ratio Return relative to maximum drawdown	0.52	1.54	-1.02
Martin ratio Return relative to average drawdown	1.81	7.28	-5.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSET vs. IVV - Sharpe Ratio Comparison

The current PSET Sharpe Ratio is 0.32, which is lower than the IVV Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of PSET and IVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSET	IVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	1.00	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.71	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.78	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.42	+0.25

Correlation

The correlation between PSET and IVV is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PSET vs. IVV - Dividend Comparison

PSET's dividend yield for the trailing twelve months is around 0.68%, less than IVV's 1.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSET Principal Quality ETF	0.68%	0.59%	0.69%	0.85%	1.47%	0.89%	1.09%	1.52%	1.33%	1.02%	1.26%	0.00%
IVV iShares Core S&P 500 ETF	1.22%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%

Drawdowns

PSET vs. IVV - Drawdown Comparison

The maximum PSET drawdown since its inception was -34.74%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PSET and IVV.

Drawdown Indicators

	PSET	IVV	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-55.25%	+20.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	-12.06%	-0.88%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-24.53%	-1.08%
Max Drawdown (10Y) Largest decline over 10 years	-34.74%	-33.90%	-0.84%
Current Drawdown Current decline from peak	-10.14%	-5.57%	-4.57%
Average Drawdown Average peak-to-trough decline	-4.59%	-10.84%	+6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	2.55%	+1.20%

Volatility

PSET vs. IVV - Volatility Comparison

Principal Quality ETF (PSET) and iShares Core S&P 500 ETF (IVV) have volatilities of 5.14% and 5.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSET	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	5.34%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	9.47%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	19.31%	18.31%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.49%	16.89%	+0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.02%	18.03%	-0.01%