AGIX vs IVV

AGIX vs IVV
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Quick Verdict

IVV has a lower expense ratio. AGIX delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: AGIXMore Diversified: IVV

Side-by-Side Comparison

MetricAGIXIVVWinner
Expense Ratio1.00%0.03%
AUM$624M$907.0B
Dividend Yield1.05%1.10%
Holdings62508
YTD Return+23.32%+12.28%
1Y Return+39.24%+20.94%
3Y Return (annualized)-+21.81%
5Y Return (annualized)-+13.05%
Volatility (annualized)29.2%15.1%
Max Drawdown-31.5%-56.5%
Fund FamilyKraneSharesiShares by BlackRock (US)
CategoryEquityEquity
InceptionJul 18, 2024May 15, 2000

AGIX vs IVV Performance

KraneShares Public-Private AI & Technology ETF (AGIX) is a ETF from KraneShares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AGIX returned +39.24% while IVV returned +20.94%. Year to date, AGIX is up 23.32% versus a gain of 12.28% for IVV.

Risk: Volatility and Drawdowns

AGIX has been the more volatile fund, with annualized monthly volatility of 29.2% 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 -31.5% for AGIX 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AGIX charges 1.00% per year while IVV charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, AGIX currently yields 1.05% against 1.10% for IVV.

Holdings Overlap

30.4%overlap

AGIX and IVV share 23 holdings out of 537 unique holdings combined, representing a 30.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AGIXWeight in IVVDifference
NVDA5.27%7.76%2.49%
AAPL3.32%7.44%4.12%
MSFT4.03%4.57%0.54%
AMZNProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
AMDProProPro
MUProProPro
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Frequently Asked Questions

Which is cheaper, AGIX or IVV?

AGIX has an expense ratio of 1.00% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.

Which performed better, AGIX or IVV?

Over the past year AGIX returned +39.24% vs +20.94% for IVV, so AGIX leads on 1-year performance. Over the longest common window we track (2 years), AGIX annualized +33.81% vs +6.98% for IVV. Past performance does not guarantee future results.

Which is riskier, AGIX or IVV?

AGIX has been the more volatile fund at 29.2% annualized versus 15.1% for IVV. Worst drawdown: AGIX -31.5% vs IVV -56.5%.

Should I hold both AGIX and IVV?

AGIX and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AGIX and IVV?

AGIX and IVV share 23 common holdings with a 30.4% weight overlap. Combined, they hold 537 unique securities.

Which pays a higher dividend, AGIX or IVV?

AGIX yields 1.05% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.

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