AESL vs IVV
Harbor AlphaEdge Small Cap Value ETF vs iShares Core S&P 500 ETF
Which is better, AESL or IVV?
Small Cap Value against Large Cap Blend.
IVV has a lower expense ratio. AESL is less concentrated, with 28.3% 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 | AESL | IVV |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | - | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 102 | 508 |
| YTD Return | -1.53% | +11.51%Best |
| 1Y Return | - | +15.96% |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.66% |
| Top 10 Weight | 28.3%Best | 37.8% |
| Fund Family | Harbor Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Aug 26, 2026 | May 15, 2000 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
AESL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AESL vs IVV Performance
Harbor AlphaEdge Small Cap Value ETF (AESL) is an ETF from Harbor Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Year to date, AESL is down 1.53% versus a gain of 11.51% for IVV.
Past performance does not guarantee future results.
Fees and Cost Over Time
AESL charges 0.40% per year while IVV charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, AESL currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 102 holdings in AESL and 490 in IVV, totalling 100.0% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in AESL and 490 in IVV, against full books of 102 and 508.
What only one of them owns
Our book lists 482 positions for IVV that do not appear in our book for AESL (98.6% of the fund), and 94 for AESL that do not appear in IVV (89.6%).
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.
You are not choosing between two funds in isolation.
Whichever of AESL and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AESL or IVV?
AESL has an expense ratio of 0.40% while IVV charges 0.03%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which pays a higher dividend, AESL or IVV?
AESL yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than AESL?
IVV has a lower expense ratio. AESL is less concentrated, with 28.3% 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.