ACES vs IVV
ALPS Clean Energy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ACES | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $109M | $865.2B | |
| Dividend Yield | 1.22% | 1.09% | |
| Holdings | 38 | 508 | |
| YTD Return | -5.34% | +13.80% | |
| 1Y Return | +18.63% | +23.01% | |
| 3Y Return (annualized) | -8.28% | +21.77% | |
| 5Y Return (annualized) | -14.26% | +13.39% | |
| Volatility (annualized) | 35.3% | 15.1% | |
| Max Drawdown | -79.0% | -56.5% | |
| Fund Family | ALPS Advisors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2018 | May 15, 2000 |
ACES vs IVV Performance
ALPS Clean Energy ETF (ACES) is a ETF from ALPS Advisors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ACES returned +18.63% while IVV returned +23.01%. Year to date, ACES is down 5.34% versus a gain of 13.80% for IVV.
Over three years, ACES compounded at -8.28% per year against +21.77% for IVV; over five years the annualized figures are -14.26% and +13.39% respectively. Across the full 8-year window we track, IVV has the edge at +7.04% annualized vs +3.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACES has been the more volatile fund, with annualized monthly volatility of 35.3% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -79.0% for ACES and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ACES charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, ACES currently yields 1.22% against 1.09% for IVV.
Holdings Overlap
ACES and IVV share 3 holdings out of 539 unique holdings combined, representing a 1.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ACES or IVV?
ACES has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, ACES or IVV?
Over the past year ACES returned +18.63% vs +23.01% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (8 years), ACES annualized +3.60% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, ACES or IVV?
ACES has been the more volatile fund at 35.3% annualized versus 15.1% for IVV. Worst drawdown: ACES -79.0% vs IVV -56.5%.
Should I hold both ACES and IVV?
ACES and IVV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACES and IVV?
ACES and IVV share 3 common holdings with a 1.7% weight overlap. Combined, they hold 539 unique securities.
Which pays a higher dividend, ACES or IVV?
ACES yields 1.22% while IVV yields 1.09%, so ACES currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.