ACP vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricACPIVVWinner
Expense Ratio2.86%0.03%
AUM$805M$865.2B
Dividend Yield16.88%1.09%
Holdings214508
YTD Return+3.87%+13.80%
1Y Return+1.23%+23.70%
3Y Return (annualized)+7.21%+21.49%
5Y Return (annualized)-0.01%+13.43%
Volatility (annualized)19.7%15.1%
Max Drawdown-70.9%-56.5%
Fund FamilyAberdeeniShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionJan 27, 2011May 15, 2000

ACP vs IVV Performance

Abrdn Income Credit Strategies Fund (ACP) is a ETF from Aberdeen and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ACP returned +1.23% while IVV returned +23.70%. Year to date, ACP is up 3.87% versus a gain of 13.80% for IVV.

Over three years, ACP compounded at +7.21% per year against +21.49% for IVV; over five years the annualized figures are -0.01% and +13.43% respectively. Across the full 16-year window we track, IVV has the edge at +7.05% annualized vs -3.26%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ACP has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -70.9% for ACP 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ACP charges 2.86% per year while IVV charges 0.03%. On a $10,000 position that is $286 vs $3 annually, a gap of $283 per year that compounds over a long holding period. On income, ACP currently yields 16.88% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

ACP and IVV share 0 holdings out of 586 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, ACP or IVV?

ACP has an expense ratio of 2.86% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $283 per year of difference.

Which performed better, ACP or IVV?

Over the past year ACP returned +1.23% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), ACP annualized -3.26% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, ACP or IVV?

ACP has been the more volatile fund at 19.7% annualized versus 15.1% for IVV. Worst drawdown: ACP -70.9% vs IVV -56.5%.

Should I hold both ACP and IVV?

ACP and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ACP and IVV?

ACP and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 586 unique securities.

Which pays a higher dividend, ACP or IVV?

ACP yields 16.88% while IVV yields 1.09%, so ACP currently pays the higher dividend yield.

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