AAUM vs IVV
Tema Alternative Asset Managers ETF vs iShares Core S&P 500 ETF
Which is better, AAUM or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 53.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAUM | IVV |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $1M | $882.6B |
| Dividend Yield | 0.95% | 1.06% |
| Holdings | 30 | 508 |
| Top 10 Weight | 53.3% | 38.1%Best |
| Fund Family | Tema Global Limited | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 1, 2025 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 91 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AAUM has data through Jul 2, 2026 and IVV through Oct 1, 2026.
Fees and Cost Over Time
AAUM charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, AAUM currently yields 0.95% against 1.06% for IVV.
Holdings Overlap
24.5% of AAUM's money is in holdings IVV also owns. 0.6% of IVV's money is in holdings AAUM also owns.
AAUM and IVV share little of their money.
The two holdings books were reported 134 days apart, AAUM as of Apr 30, 2026 and IVV as of Sep 11, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 29 positions we hold weights for in AAUM and 505 in IVV, against full books of 30 and 508.
What only one of them owns
Our book lists 492 positions for IVV that do not appear in our book for AAUM (98.6% of the fund), and 8 for AAUM that do not appear in IVV (32.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
24.5% of AAUM is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAUM or IVV?
AAUM has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
What is the holdings overlap between AAUM and IVV?
24.5% of AAUM's money is in holdings IVV also owns. 0.6% of IVV's is in holdings AAUM also owns. They hold 5 positions in common, counted across the 29 positions we hold weights for in AAUM and 505 in IVV.
Which pays a higher dividend, AAUM or IVV?
AAUM yields 0.95% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than AAUM?
IVV has a lower expense ratio. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 53.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.