IMCG vs IVV: Grades, Fees and Holdings Compared

iShares Morningstar Mid-Cap Growth ETF

IMCGANYSE Arca

iShares Core S&P 500 ETF

IVVANYSE Arca

Overlap

12.6%by weight

Expense ratio

IVV −0.03pt a year

IMCG0.06%IVV0.03%

Avg volume · 30D

IVV 48.8×the volume

IMCG131KIVV6.39M

10Y return · a year

IVV +1.2pt

IMCG+14.5%IVV+15.7%

IMCG vs IVV Performance

Oct 28, 2021 – Oct 28, 2026

+34.1%IMCG+80.7%IVV

Expense ratio: IMCG 0.06%; IVV 0.03%, better
Fund size: IMCG $4.11B; IVV $889B
1Y total return: IMCG +15.4%, better; IVV +13.7%
Yield (12M): IMCG 0.65%; IVV 1.08%, better
Holdings: IMCG 262; IVV 507
Avg volume (30D): IMCG 131K sh; IVV 6.39M sh, better
NAV per share: IMCG $95.12; IVV $775.30
52W range

ETF.net Grade

Pillar letters and Scores for IMCG, IVV, with each pillar’s weight
Pillar	IMCG	IVV
Cost30% weight	A78	A84
Mission25% weight	A95	A100
Risk15% weight	A74	C51
Tradability15% weight	B62	A80
Holdings10% weight	A75	B55
Durability5% weight	B66	A86

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

IMCG ranks 2nd of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 83
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78

S&P 500⁠

Category · 14 funds

See all 14 ›

IVV ranks 2nd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74

Our read on each fund

ETF.net Research

IMCGAiShares Morningstar Mid-Cap Growth ETF

IVVAiShares Core S&P 500 ETF

In short

IMCG Growth investing usually means megacaps. IMCG works the middle of the market instead: roughly 300 mid-cap growth names, indexed since 2004, for six basis points a year.

IVV The 2000-vintage iShares take on the S&P 500, now a $100B-plus cornerstone holding: roughly 500 large US companies, 0.03% a year, and tracking that stays tight to the index.

Stated mandate

IMCG The Fund seeks to track an index of U.S. mid-capitalization equities with growth characteristics. Its strategy uses representative sampling and generally invests at least 80% of assets in securities from the Underlying Index.

IVV The fund seeks to track the investment results of an index made up of large-capitalization U.S. equities.

Why people hold it

IMCG 0.06% a year, one third of the 0.18% median for its growth-fund peer group. Mid-cap indexing at large-cap-index prices.
The growth leaderboard is stacked with large-cap funds (VUG, SCHG, SPYG, VONG). IMCG covers the middle instead, holding about 300 mid-cap growth names.
Sticks close to the Morningstar mid-cap growth index it follows, one of the tighter tracking jobs in its peer group.
Running since 2004 under the iShares roof, with a multi-billion-dollar asset base behind it.

IVV Costs 0.03% a year, a fraction of the typical fee among S&P 500 trackers, and undercuts the category's founding fund (SPY, 0.09%) on the same index.
Tracking is the whole job, and it does it about as tightly as this peer group gets: roughly 500 large US companies, no manager discretion bolted on.
A $100B-plus fund that trades heavily all session, which is what keeps bid-ask spreads thin for retail-sized orders and institutional blocks alike.
Running since 2000 as a registered open-end fund, with quarterly distributions and one of the longest live records in the S&P 500 aisle.ishares.com

Worth knowing

IMCG Moderately traded rather than heavily traded, so bid-ask spreads can run wider than the megacap growth ETFs sitting beside it in the category.
This is a size-and-style bet. Mid-cap growth companies tend to move more sharply than the broad market, in both directions.
Distributions land quarterly, but a growth screen is not built around income.

IVV Pure US large cap. No mid caps, no small caps, nothing overseas, so it works as one slab of a portfolio rather than the whole thing.
It rides the index in both directions: when the S&P 500 has an ugly year, this has the same ugly year, minus the fee.
A near-identical rival shaves a basis point (SPYM at 0.02%). On $10,000 that gap is about a dollar a year, so structure and trading habits matter more.

Full IMCG profile⁠

Full IVV profile⁠

IMCG vs IVV Holdings

Holdings as of Oct 27, 2026 for IMCG and Oct 28, 2026 for IVV

How IMCG and IVV differ

Overlap by weight

12.6%

Shared holdings make up 83.0% of IMCG and 12.7% of IVV.

Level by level

Holdings192 in both12.6%
Sector11 Sectors75.4%
Countryby domicile96.8%
Asset classEquity100%

Sector

Sector weights in IMCG and IVV, widest gap first
Sector	More in IMCGMore in IVV	IMCG	IVV
Industrials	IMCG +15.0 points	23.0%	8.0%
Technology	IVV +14.3 points	23.3%	37.6%
Communication	IVV +7.0 points	2.2%	9.2%
Materials	IMCG +4.7 points	6.4%	1.7%
Consumer Staples	IVV +2.1 points	2.9%	5.0%
Real Estate	IMCG +1.8 points	3.6%	1.8%
Consumer Discretionary	IMCG +1.6 points	10.6%	9.0%
Utilities	IMCG +1.1 points	3.1%	2.0%
Health Care	IVV +1.0 points	8.9%	9.9%
Financials	IMCG +0.4 points	12.5%	12.1%
Energy	IVV +0.2 points	3.5%	3.7%

Country, concentration and asset class

Country by domicile

Country weights in IMCG and IVV, widest gap first
Country	More in IMCGMore in IVV	IMCG	IVV
United States	IVV +3.2 points	94.7%	97.9%
Ireland	IMCG +1.7 points	2.9%	1.2%
Cayman Islands	IMCG +0.5 points	0.5%	0.0%
Other countries (5)	IMCG +0.9 points	1.8%	0.9%

Concentration

Weight in the 10 largest Holdings

IMCG12.9%
IVV38.1%

Securities held

IMCG259
IVV504

Asset class

IMCG: Equity
IVV: Equity

Holdings

Only in IMCG67
In both192
Only in IVV312

Only in IMCG

67 securities, 17.0% of IMCG by weight

Snowflake1.56%
Cloudflare Class A1.47%
Natera0.76%
Astera Labs0.56%
Roblox Class A0.48%
Alnylam Pharmaceuticals0.42%
Mongodb Class A0.42%
Rocket Lab Corp0.41%
Zscaler0.37%
Credo Technology Group Holding Ltd0.35%
Lpl Financial Holdings0.34%
Ati0.30%
Xpo0.30%
Entegris Inc0.29%
Nvent Electric PLC0.29%
Insmed0.28%
Royal Gold0.27%
Affirm Holdings Class A0.27%
Sofi Technologies0.25%
Heico Class A0.25%
Woodward0.25%
Technipfmc PLC0.24%
Coupang Class A0.24%
Curtiss Wright0.24%
Itt Inc0.23%
Macom Technology Solutions0.23%
Toast Class A0.23%
Markel Group0.23%
Revolution Medicines0.22%
Clean Harbors Inc0.22%
Api Group0.21%
Burlington Stores0.21%
Rbc Bearings0.20%
Sunbelt Rentals Holdings Inc0.20%
Circle Internet Group Inc Class A0.20%
Carpenter Technology0.20%
Lattice Semiconductor0.19%
Mks0.19%
Medline Class A0.19%
Heico0.18%
United Therapeutics0.18%
Somnigroup International0.18%
Liberty Media Series C0.17%
Bwx Technologies Inc0.17%
Ionq0.16%
Us Foods Holding0.16%
Fabrinet0.16%
Reliance Steel & Aluminum0.16%
Coreweave Class A0.15%
Rocket Companies Inc Class A0.15%

Only in IVV

312 securities, 87.3% of IVV by weight

NVIDIA7.92%
Apple7.61%
Microsoft5.93%
Amazon.com Inc3.73%
Alphabet Class A2.83%
Broadcom Inc2.45%
Alphabet Class C2.26%
Meta Platforms Class A2.05%
Tesla Inc1.72%
Micron Technology1.58%
Eli Lilly1.54%
Berkshire Hathaway Inc Class B1.52%
Advanced Micro Devices1.37%
JPMorgan Chase & Co1.34%
Exxonmobil Holdings Corp1.11%
Visa Class A1.03%
Johnson & Johnson0.97%
Walmart0.80%
AbbVie0.76%
Mastercard Class A0.74%
Intel Corporation0.70%
Palantir Technologies Class A0.69%
Chevron0.68%
Costco Wholesale Corp0.66%
Cisco Systems Inc0.66%
Procter & Gamble0.56%
UnitedHealth Group0.55%
Coca-Cola0.53%
Merck & Co Inc0.53%
Bank of America0.49%
Caterpillar Inc0.49%
Palo Alto Networks0.49%
Home Depot0.48%
Philip Morris International0.47%
Applied Material Inc0.47%
Ge Aerospace0.46%
Lam Research0.45%
Texas Instrument0.42%
Crowdstrike Holdings Class A0.41%
Goldman Sachs Group0.40%
Rtx0.39%
Netflix0.39%
Thermo Fisher Scientific0.38%
Wells Fargo0.38%
Amgen Inc0.36%
Ge Vernova0.36%
International Business Machines Co0.35%
Linde PLC0.35%
Oracle0.34%
Morgan Stanley0.34%

Weight gaps

The 100 widest of 192 Holdings in both funds.

Holding weights in IMCG and IVV, widest gap first
Holding	More in IMCGMore in IVV	IMCG	IVV
FortinetFTNT	IMCG +1.40 points	1.57%	0.17%
Freeport Mcmoran IncFCX	IMCG +1.15 points	1.29%	0.14%
Datadog Inc Class ADDOG	IMCG +1.14 points	1.28%	0.14%
Johnson Controls International PLCJCI	IMCG +1.09 points	1.23%	0.14%
Dell Technologies Inc Class CDELL	IMCG +1.07 points	1.30%	0.23%
Motorola Solutions IncMSI	IMCG +0.99 points	1.11%	0.12%
CintasCTAS	IMCG +0.96 points	1.07%	0.11%
Hilton Worldwide HoldingsHLT	IMCG +0.95 points	1.07%	0.12%
Oreilly Automotive IncORLY	IMCG +0.91 points	1.02%	0.11%
EcolabECL	IMCG +0.90 points	1.01%	0.11%
Moodys CorpMCO	IMCG +0.89 points	1.00%	0.11%
Robinhood Markets Class AHOOD	IMCG +0.88 points	0.99%	0.11%
Lumentum HoldingsLITE	IMCG +0.88 points	1.00%	0.12%
Cummins IncCMI	IMCG +0.88 points	0.99%	0.11%
Royal Caribbean GroupRCL	IMCG +0.86 points	0.97%	0.11%
Airbnb Class AABNB	IMCG +0.84 points	0.95%	0.11%
Aon PLC Class AAON	IMCG +0.78 points	0.88%	0.10%
Monster BeverageMNST	IMCG +0.78 points	0.88%	0.10%
Doordash Class ADASH	IMCG +0.78 points	0.88%	0.10%
CencoraCOR	IMCG +0.78 points	0.87%	0.09%
Transdigm GroupTDG	IMCG +0.77 points	0.86%	0.09%
Ww Grainger IncGWW	IMCG +0.74 points	0.83%	0.09%
CsxCSX	IMCG +0.73 points	0.88%	0.15%
Bloom Energy Class ABE	IMCG +0.71 points	0.81%	0.10%
FastenalFAST	IMCG +0.71 points	0.80%	0.09%
Marathon PetroleumMPC	IMCG +0.70 points	0.88%	0.18%
Bank of New York Mellon CorpBNY	IMCG +0.70 points	0.85%	0.15%
Ametek IncAME	IMCG +0.69 points	0.77%	0.08%
Keysight TechnologiesKEYS	IMCG +0.67 points	0.76%	0.09%
Baker Hughes Class ABKR	IMCG +0.67 points	0.76%	0.09%
Monolithic Power Systems IncMPWR	IMCG +0.67 points	0.76%	0.09%
AutodeskADSK	IMCG +0.65 points	0.73%	0.08%
AutozoneAZO	IMCG +0.64 points	0.72%	0.08%
Ross Stores IncROST	IMCG +0.63 points	0.74%	0.11%
Emerson ElectricEMR	IMCG +0.62 points	0.76%	0.14%
Edwards LifesciencesEW	IMCG +0.61 points	0.69%	0.08%
TeradyneTER	IMCG +0.59 points	0.67%	0.08%
Veeva Systems Class AVEEV	IMCG +0.59 points	0.66%	0.07%
Rockwell Automation IncROK	IMCG +0.59 points	0.66%	0.07%
VistraVST	IMCG +0.58 points	0.65%	0.07%
CienaCIEN	IMCG +0.58 points	0.65%	0.07%
Westinghouse Air Brake TechnologieWAB	IMCG +0.58 points	0.65%	0.07%
Nasdaq IncNDAQ	IMCG +0.56 points	0.63%	0.07%
Sherwin WilliamsSHW	IMCG +0.57 points	0.68%	0.11%
Ventas ReitVTR	IMCG +0.56 points	0.62%	0.06%
United RentalsURI	IMCG +0.55 points	0.66%	0.11%
MsciMSCI	IMCG +0.54 points	0.61%	0.07%
Idexx LaboratoriesIDXX	IMCG +0.53 points	0.60%	0.07%
Comfort Systems UsaFIX	IMCG +0.51 points	0.58%	0.07%
Everpure Inc Class AP	IMCG +0.51 points	0.58%	0.07%
Microchip Technology IncMCHP	IMCG +0.50 points	0.57%	0.07%
CoherentCOHR	IMCG +0.49 points	0.56%	0.07%
Carvana Class ACVNA	IMCG +0.50 points	0.56%	0.06%
Block Class AXYZ	IMCG +0.49 points	0.55%	0.06%
Digital Realty Trust ReitDLR	IMCG +0.48 points	0.57%	0.09%
Arthur J GallagherAJG	IMCG +0.47 points	0.57%	0.10%
Twilio Class ATWLO	IMCG +0.46 points	0.52%	0.06%
Nxp Semiconductors NVNXPI	IMCG +0.46 points	0.56%	0.10%
Illinois Tool IncITW	IMCG +0.46 points	0.57%	0.11%
Te Connectivity PLCTEL	IMCG +0.44 points	0.54%	0.10%
Chipotle Mexican GrillCMG	IMCG +0.44 points	0.49%	0.05%
Interactive Brokers Group Inc ClasIBKR	IMCG +0.43 points	0.49%	0.06%
Take Two Interactive SoftwareTTWO	IMCG +0.44 points	0.49%	0.05%
Coinbase Global Class ACOIN	IMCG +0.43 points	0.48%	0.05%
Old Dominion Freight LineODFL	IMCG +0.42 points	0.47%	0.05%
NucorNUE	IMCG +0.41 points	0.50%	0.09%
Vulcan MaterialsVMC	IMCG +0.40 points	0.45%	0.05%
Axon EnterpriseAXON	IMCG +0.40 points	0.45%	0.05%
Martin Marietta MaterialsMLM	IMCG +0.37 points	0.42%	0.05%
WilliamsWMB	IMCG +0.37 points	0.51%	0.14%
GarminGRMN	IMCG +0.37 points	0.44%	0.07%
Dexcom IncDXCM	IMCG +0.37 points	0.41%	0.04%
Cardinal HealthCAH	IMCG +0.36 points	0.45%	0.09%
Waters CorpWAT	IMCG +0.36 points	0.43%	0.07%
Apollo Global ManagementAPO	IMCG +0.36 points	0.44%	0.08%
Simon Property Group Reit IncSPG	IMCG +0.36 points	0.46%	0.10%
On Semiconductor CorpON	IMCG +0.35 points	0.40%	0.05%
JabilJBL	IMCG +0.36 points	0.40%	0.04%
L3HARRIS TechnologiesLHX	IMCG +0.35 points	0.42%	0.07%
MarshMRSH	IMCG +0.34 points	0.48%	0.14%
Norfolk Southern CorpNSC	IMCG +0.35 points	0.46%	0.11%
Emcor GroupEME	IMCG +0.35 points	0.39%	0.04%
West Pharmaceutical ServicesWST	IMCG +0.34 points	0.38%	0.04%
Allstate CorpALL	IMCG +0.33 points	0.43%	0.10%
Northrop Grumman CorpNOC	IMCG +0.34 points	0.45%	0.11%
Targa ResourcesTRGP	IMCG +0.33 points	0.43%	0.10%
Estee Lauder Inc Class AEL	IMCG +0.33 points	0.37%	0.04%
Republic Services IncRSG	IMCG +0.33 points	0.40%	0.07%
Air Products and ChemicalsAPD	IMCG +0.33 points	0.43%	0.10%
Flex LtdFLEX	IMCG +0.32 points	0.37%	0.05%
Caseys General Stores IncCASY	IMCG +0.32 points	0.36%	0.04%
VylorVYLR	IMCG +0.32 points	0.39%	0.07%
Ares Management Class AARES	IMCG +0.31 points	0.35%	0.04%
VerisignVRSN	IMCG +0.31 points	0.35%	0.04%
Illumina IncILMN	IMCG +0.31 points	0.37%	0.06%
American Electric Power IncAEP	IMCG +0.30 points	0.41%	0.11%
Live Nation EntertainmentLYV	IMCG +0.30 points	0.34%	0.04%
Yum BrandsYUM	IMCG +0.29 points	0.35%	0.06%
Ferguson EnterprisesFERG	IMCG +0.29 points	0.36%	0.07%
Qnity ElectronicsQ	IMCG +0.29 points	0.33%	0.04%

All 259 IMCG holdings⁠All 505 IVV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCG vs IVV Cost

Overpaying IMCG vs IVV

$632

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IMCG 0.06%
$1,270
IVV 0.03%
$638

Amount$10,000

Years30 years

Cost over time

IMCG 0.06%
IVV 0.03%
Overpaying

Year by year

Year	IMCG	IVV	Overpaying
10	$110	$55	$55
20	$432	$216	$216
30	$1,270	$638	$632

Expense ratio

0.06%IMCG
0.03%IVV, cheaper

Different Categories, so each fee sits in its own Category’s range.

IMCG among 35 US Growth Index funds

IMCG0.06%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

IMCG 9th cheapest of 35 funds

IVV among 14 S&P 500 funds

IVV0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

IVV 2nd cheapest of 14 funds

IMCG vs IVV Dividends

Last 12 months to Oct 28, 2026

Yield (12M): IMCG 0.65%; IVV 1.08%, better
Payout (12M): IMCG $0.62; IVV $8.40
Last payment: IMCG $0.19; IVV $2.20
Ex-dividend: IMCG Sep 15, 2026; IVV Sep 15, 2026
Paid on: IMCG Sep 18, 2026; IVV Sep 18, 2026
Frequency: IMCG Quarterly; IVV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IMCGQuarterly · 39 paymentsAll IMCG payments⁠

IVVQuarterly · 40 paymentsAll IVV payments⁠

IMCG vs IVV Risk

Fall from peak · 5 years

IMCG
IVV

Risk facts

VolatilityStd dev, 3 years: IMCG 17.0%IVV 12.4%, better
Return per unit of riskSharpe ratio, 3 years: IMCG 0.84IVV 1.37, better
Worst fallMax drawdown, 5 years: IMCG −35.1%IVV −24.5%, better
Market sensitivityBeta, 5 years: IMCG 1.14IVV 1.00; Market = 1

IMCG and IVV in the news

All news⁠

Deep Dive
SPY is a 1993 trust, and it still costs more to hold the S&P 500
1 hour agoIVV
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026IVV
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026IVV
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026IVV
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026IMCG
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026IVV

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