AGMI vs IVV

AGMI vs IVV

Which is better, AGMI or IVV?

AGMI has been ahead.

IVV has a lower expense ratio. AGMI led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 64.5%.

Lower Fees: IVVHigher Returns: AGMILess Concentrated: IVV

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

MetricAGMIIVV
Expense Ratio0.35%0.03%Best
AUM$13M$876.4B
Dividend Yield3.69%1.06%
Holdings47508
YTD Return+24.34%Best+12.24%
1Y Return+79.11%Best+18.61%
3Y Return (annualized)-+20.98%
5Y Return (annualized)-+12.76%
Volatility (annualized)43.4%11.8%Best
Max Drawdown-35.7%-18.8%Best
$10,000 over 2.4 years$35,266Best$15,474
Top 10 Weight64.5%37.9%Best
Fund FamilyThemes ETFsiShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMay 3, 2024May 15, 2000

Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 3, 2024 to Sep 9, 2026 (2.4 years).

AGMI 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 2.4 years both funds cover.

AGMI vs IVV Performance

Themes Silver Miners ETF (AGMI) is an ETF from Themes ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AGMI returned +79.11% while IVV returned +18.61%. Year to date, AGMI is up 24.34% versus a gain of 12.24% for IVV.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AGMI has been the more volatile fund, with annualized monthly volatility of 43.4% compared with 11.8% 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 -35.7% for AGMI and -18.8% 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 0.16. They move largely independently of each other.

Fees and Cost Over Time

AGMI charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, AGMI currently yields 3.69% against 1.06% for IVV.

Holdings Overlap

AGMI already in IVV12.9%
IVV already in AGMI0.3%

12.9% of AGMI's money is in holdings IVV also owns. 0.3% of IVV's money is in holdings AGMI also owns.

AGMI and IVV share little of their money.

2 positions in common, counted across the 37 positions we hold weights for in AGMI and 505 in IVV, against full books of 47 and 508.

What only one of them owns

Our book lists 494 positions for IVV that do not appear in our book for AGMI (99.0% of the fund), and 5 for AGMI that do not appear in IVV (10.7%).

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

StockWeight in AGMIWeight in IVVDifference
NEMNewmont Corp Common10.50%0.17%10.33%
FCXFreeport-mcmoran Copper & Gold Inc.2.42%0.15%2.27%

You are not choosing between two funds in isolation.

Whichever of AGMI and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AGMIIVV

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, AGMI or IVV?

AGMI has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.

Which performed better, AGMI or IVV?

Over the past year AGMI returned +79.11% vs +18.61% for IVV, so AGMI leads on 1-year performance. Over the longest common window we track (2 years), AGMI annualized +69.07% vs +19.95% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AGMI or IVV?

AGMI has been the more volatile fund at 43.4% annualized versus 11.8% for IVV. Worst drawdown: AGMI -35.7% vs IVV -18.8%.

Should I hold both AGMI and IVV?

AGMI and IVV have a monthly-return correlation of 0.16, 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 AGMI and IVV?

12.9% of AGMI's money is in holdings IVV also owns. 0.3% of IVV's is in holdings AGMI also owns. They hold 2 positions in common, counted across the 37 positions we hold weights for in AGMI and 505 in IVV.

Which pays a higher dividend, AGMI or IVV?

AGMI yields 3.69% while IVV yields 1.06%, so AGMI currently pays the higher dividend yield.

Is IVV better than AGMI?

IVV has a lower expense ratio. AGMI led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 64.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.