AGQI vs IVV
First Trust Active Global Quality Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AGQI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $56M | $907.0B | |
| Dividend Yield | 1.67% | 1.10% | |
| Holdings | 37 | 508 | |
| YTD Return | +13.97% | +14.29% | |
| 1Y Return | +21.42% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 9.5% | 15.1% | |
| Max Drawdown | -14.1% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 24, 2015 | May 15, 2000 |
AGQI vs IVV Performance
First Trust Active Global Quality Income ETF (AGQI) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AGQI returned +21.42% while IVV returned +21.79%. Year to date, AGQI is up 13.97% versus a gain of 14.29% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.5% for AGQI. 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 -14.1% for AGQI 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AGQI charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, AGQI currently yields 1.67% against 1.10% for IVV.
Holdings Overlap
AGQI and IVV share 13 holdings out of 524 unique holdings combined, representing a 10.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AGQI or IVV?
AGQI has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, AGQI or IVV?
Over the past year AGQI returned +21.42% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), AGQI annualized +18.24% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, AGQI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 9.5% for AGQI. Worst drawdown: AGQI -14.1% vs IVV -56.5%.
Should I hold both AGQI and IVV?
AGQI and IVV have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AGQI and IVV?
AGQI and IVV share 13 common holdings with a 10.8% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, AGQI or IVV?
AGQI yields 1.67% while IVV yields 1.10%, so AGQI currently pays the higher dividend yield.
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