AGQI vs IVV
First Trust Active Global Quality Income ETF vs iShares Core S&P 500 ETF
Which is better, AGQI or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | AGQI | IVV |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $55M | $876.4B |
| Dividend Yield | 1.65% | 1.06% |
| Holdings | 76 | 508 |
| YTD Return | +11.20% | +12.39%Best |
| 1Y Return | +15.57% | +16.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 9.6%Best | 11.8% |
| Max Drawdown | -14.1%Best | -18.8% |
| $10,000 over 2.8 years | $15,354 | $17,371Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2015 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 21, 2023 to Sep 18, 2026 (2.8 years).
AGQI 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 2.8 years both funds cover.
AGQI vs IVV Performance
First Trust Active Global Quality Income ETF (AGQI) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AGQI returned +15.57% while IVV returned +16.61%. Year to date, AGQI is up 11.20% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 9.6% 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 -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 0.62. They move together some of the time, and apart the rest.
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 1.65% against 1.06% for IVV.
Holdings Overlap
At least 12.1% of IVV's money is in holdings AGQI also owns.
Stated as a floor: for AGQI, our book for it covers 94.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and AGQI share little of their money.
13 positions in common, counted across the 31 positions we hold weights for in AGQI and 490 in IVV, against full books of 76 and 508.
Top Shared Holdings
| Stock | Weight in AGQI | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.56% | 5.69% | 0.13% |
| GOOGAlphabet Inc | 3.66% | 2.39% | 1.27% |
| JNJJohnson & Johnson - Common | 3.62% | 0.97% | 2.65% |
| EOGEog Resources Inc | 4.17% | 0.12% | 4.05% |
| KOCoca Cola Co. | 3.70% | 0.52% | 3.18% |
| ABBVAbbvie Inc. | 3.38% | 0.68% | 2.70% |
| BACBank of America Corp.: Financials | 3.24% | 0.61% | 2.63% |
| PNCPnc Financial Services Group Inc. | 3.19% | 0.15% | 3.04% |
| HDHome Depot Inc/The | 2.19% | 0.49% | 1.70% |
| COFCapital One Financial Corp. | 2.04% | 0.20% | 1.84% |
You are not choosing between two funds in isolation.
Whichever of AGQI 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, AGQI or IVV?
AGQI has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, AGQI or IVV?
Over the past year AGQI returned +15.57% vs +16.61% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AGQI or IVV?
IVV has been the more volatile fund at 11.8% annualized versus 9.6% for AGQI. Worst drawdown: AGQI -14.1% vs IVV -18.8%.
Should I hold both AGQI and IVV?
AGQI and IVV have a monthly-return correlation of 0.62, 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 AGQI and IVV?
At least 12.1% of IVV's money is in holdings AGQI also owns. Our book for AGQI is partial, so the real figure is this or higher. They hold 13 positions in common, counted across the 31 positions we hold weights for in AGQI and 490 in IVV.
Which pays a higher dividend, AGQI or IVV?
AGQI yields 1.65% while IVV yields 1.06%, so AGQI currently pays the higher dividend yield.
Is IVV better than AGQI?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.