ADVE vs IVV
Matthews Asia Dividend Active ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. ADVE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | ADVE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $9M | $907.0B | |
| Dividend Yield | 2.22% | 1.10% | |
| Holdings | 66 | 508 | |
| YTD Return | +17.00% | +14.29% | |
| 1Y Return | +29.77% | +21.79% | |
| 3Y Return (annualized) | +20.10% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 12.3% | 15.1% | |
| Max Drawdown | -18.4% | -56.5% | |
| Fund Family | Matthews Asia Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2023 | May 15, 2000 |
ADVE vs IVV Performance
Matthews Asia Dividend Active ETF (ADVE) is a ETF from Matthews Asia Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ADVE returned +29.77% while IVV returned +21.79%. Year to date, ADVE is up 17.00% versus a gain of 14.29% for IVV.
Over three years, ADVE compounded at +20.10% per year against +22.19% for IVV. Across the full 3-year window we track, ADVE has the edge at +20.10% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.3% for ADVE. 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 -18.4% for ADVE 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
ADVE charges 0.79% per year while IVV charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, ADVE currently yields 2.22% against 1.10% for IVV.
Holdings Overlap
ADVE and IVV share 0 holdings out of 567 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, ADVE or IVV?
ADVE has an expense ratio of 0.79% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, ADVE or IVV?
Over the past year ADVE returned +29.77% vs +21.79% for IVV, so ADVE leads on 1-year performance. Over the longest common window we track (3 years), ADVE annualized +20.10% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, ADVE or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.3% for ADVE. Worst drawdown: ADVE -18.4% vs IVV -56.5%.
Should I hold both ADVE and IVV?
ADVE 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 ADVE and IVV?
ADVE and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 567 unique securities.
Which pays a higher dividend, ADVE or IVV?
ADVE yields 2.22% while IVV yields 1.10%, so ADVE currently pays the higher dividend yield.
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