AESR vs IVV
Anfield US Equity Sector Rotation ETF vs iShares Core S&P 500 ETF
Which is better, AESR or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. AESR led over 3Y, IVV over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 83.1%.
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 | AESR | IVV |
|---|---|---|
| Expense Ratio | 0.97% | 0.03%Best |
| AUM | $236M | $850.0B |
| Dividend Yield | 0.00% | 1.09% |
| Holdings | 67 | 1,018 |
| YTD Return | +6.54% | +8.54%Best |
| 1Y Return | +10.05% | +10.97%Best |
| 3Y Return (annualized) | +21.93%Best | +20.51% |
| 5Y Return (annualized) | +10.29% | +10.97%Best |
| Volatility (annualized) | 17.7% | 16.8%Best |
| Max Drawdown | -31.1%Best | -33.9% |
| $10,000 over 5 years | $16,319 | $16,828Best |
| Top 10 Weight | 83.1% | 38.8%Best |
| Fund Family | Horizon Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Nov 6, 2026 (6.9 years).
AESR 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 6.9 years both funds cover.
AESR vs IVV Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AESR returned +10.05% while IVV returned +10.97%. Year to date, AESR is up 6.54% versus a gain of 8.54% for IVV.
Over three years, AESR compounded at +21.93% per year against +20.51% for IVV; over five years the annualized figures are +10.29% and +10.97% respectively. Across the full 7-year window we track, IVV has the edge at +14.26% annualized vs +13.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AESR has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 16.8% 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 -31.1% for AESR 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AESR charges 0.97% per year while IVV charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
8.3% of AESR's money is in holdings IVV also owns. 1.6% of IVV's money is in holdings AESR also owns.
AESR and IVV share little of their money.
11 positions in common, counted across the 32 positions we hold weights for in AESR and 505 in IVV, against full books of 67 and 1,018.
What only one of them owns
Our book lists 488 positions for IVV that do not appear in our book for AESR (98.0% of the fund), and 18 for AESR 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.
Top Shared Holdings
| Stock | Weight in AESR | Weight in IVV | Difference |
|---|---|---|---|
| VLOValero Energy | 0.79% | 0.20% | 0.59% |
| MPCMarathon Petroleum Corp. | 0.78% | 0.20% | 0.58% |
| DELLDell Technologies Inc | 0.75% | 0.23% | 0.52% |
| PSXPhillips 66 | 0.79% | 0.18% | 0.61% |
| CSXCsx Corp. | 0.76% | 0.13% | 0.63% |
| PWRQuanta Services Inc | 0.74% | 0.15% | 0.59% |
| TGTTARGET CORP | 0.75% | 0.11% | 0.64% |
| ROSTRoss Stores, Inc. | 0.75% | 0.11% | 0.64% |
| TRGPTarga Resources Corp Preferred | 0.76% | 0.09% | 0.67% |
| HPEHewlett Packard Enterprise Co | 0.72% | 0.13% | 0.59% |
You are not choosing between two funds in isolation.
Whichever of AESR 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, AESR or IVV?
AESR has an expense ratio of 0.97% while IVV charges 0.03%. IVV is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, AESR or IVV?
Over the past year AESR returned +10.05% vs +10.97% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), AESR annualized +13.89% vs +14.26% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or IVV?
AESR has been the more volatile fund at 17.7% annualized versus 16.8% for IVV. Worst drawdown: AESR -31.1% vs IVV -33.9%.
Should I hold both AESR and IVV?
AESR and IVV have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AESR and IVV?
8.3% of AESR's money is in holdings IVV also owns. 1.6% of IVV's is in holdings AESR also owns. They hold 11 positions in common, counted across the 32 positions we hold weights for in AESR and 505 in IVV.
Which pays a higher dividend, AESR or IVV?
AESR yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Is IVV better than AESR?
IVV has a lower expense ratio. AESR led over 3Y, IVV over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. IVV is less concentrated, with 38.8% of the fund in its ten largest positions against 83.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.