ACWV vs IVV
iShares MSCI Global Min Vol Factor ETF vs iShares Core S&P 500 ETF
Which is better, ACWV or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. ACWV is less concentrated, with 11.9% of the fund in its ten largest positions against 37.8%.
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 | ACWV | IVV |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $3.4B | $876.4B |
| Dividend Yield | 1.86% | 1.06% |
| Holdings | 437 | 508 |
| YTD Return | +5.44% | +14.14%Best |
| 1Y Return | +6.04% | +17.30%Best |
| 3Y Return (annualized) | +11.11% | +23.04%Best |
| 5Y Return (annualized) | +5.67% | +13.63%Best |
| Volatility (annualized) | 10.0%Best | 14.0% |
| Max Drawdown | -28.8%Best | -33.9% |
| $10,000 over 5 years | $13,175 | $18,944Best |
| Top 10 Weight | 11.9%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 18, 2011 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 22, 2026 (14.9 years).
ACWV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
ACWV vs IVV Performance
iShares MSCI Global Min Vol Factor ETF (ACWV) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ACWV returned +6.04% while IVV returned +17.30%. Year to date, ACWV is up 5.44% versus a gain of 14.14% for IVV.
Over three years, ACWV compounded at +11.11% per year against +23.04% for IVV; over five years the annualized figures are +5.67% and +13.63% respectively. Across the full 15-year window we track, IVV has the edge at +13.81% annualized vs +8.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 10.0% for ACWV. 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 -28.8% for ACWV and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACWV charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, ACWV currently yields 1.86% against 1.06% for IVV.
Holdings Overlap
54.3% of ACWV's money is in holdings IVV also owns. 56.8% of IVV's money is in holdings ACWV also owns.
The two portfolios partly overlap.
139 positions in common, counted across the 376 positions we hold weights for in ACWV and 490 in IVV, against full books of 437 and 508.
What only one of them owns
Our book lists 344 positions for IVV that do not appear in our book for ACWV (41.9% of the fund), and 17 for ACWV that do not appear in IVV (4.5%).
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.
Top Shared Holdings
| Stock | Weight in ACWV | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.98% | 8.07% | 7.09% |
| AAPLApple, Inc | 0.44% | 7.02% | 6.58% |
| MSFTMicrosoft Corp | 1.31% | 5.69% | 4.38% |
| AVGOBroadcom Inc | 0.31% | 2.65% | 2.34% |
| GOOGAlphabet Inc | 0.24% | 2.39% | 2.15% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.05% | 1.39% | 0.34% |
| JNJJohnson & Johnson - Common | 1.44% | 0.97% | 0.47% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.37% | 0.66% | 0.71% |
| XOMExxon Mobil Corp. | 0.94% | 1.01% | 0.07% |
| MUMicron Technology, Inc. | 0.06% | 1.63% | 1.57% |
56.8% of IVV is already inside ACWV.
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, ACWV or IVV?
ACWV has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ACWV or IVV?
Over the past year ACWV returned +6.04% vs +17.30% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (15 years), ACWV annualized +8.35% vs +13.81% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACWV or IVV?
IVV has been the more volatile fund at 14.0% annualized versus 10.0% for ACWV. Worst drawdown: ACWV -28.8% vs IVV -33.9%.
Should I hold both ACWV and IVV?
ACWV and IVV have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACWV and IVV?
56.8% of IVV's money is in holdings ACWV also owns. 56.8% of IVV's is in holdings ACWV also owns. They hold 139 positions in common, counted across the 376 positions we hold weights for in ACWV and 490 in IVV.
Which pays a higher dividend, ACWV or IVV?
ACWV yields 1.86% while IVV yields 1.06%, so ACWV currently pays the higher dividend yield.
Is IVV better than ACWV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. ACWV is less concentrated, with 11.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.