AIVC vs SPY
Amplify Bloomberg AI Equal Weight ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AIVC or SPY?
AIVC has been ahead.
SPY has a lower expense ratio. AIVC led over 1Y, 3Y, 5Y and the full window. AIVC is less concentrated, with 27.8% of the fund in its ten largest positions against 38.0%.
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 | AIVC | SPY |
|---|---|---|
| Expense Ratio | 0.59% | 0.09%Best |
| AUM | $131M | $804.7B |
| Dividend Yield | 0.10% | 0.98% |
| Holdings | 100 | 505 |
| YTD Return | +60.98%Best | +12.47% |
| 1Y Return | +81.62%Best | +17.51% |
| 3Y Return (annualized) | +45.20%Best | +21.18% |
| 5Y Return (annualized) | +15.56%Best | +12.88% |
| Volatility (annualized) | 25.7% | 15.1%Best |
| Max Drawdown | -56.1% | -34.1%Best |
| $10,000 over 5 years | $20,608Best | $18,327 |
| Top 10 Weight | 27.8%Best | 38.0% |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 8, 2016 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Mar 9, 2016 to Sep 11, 2026 (10.5 years).
AIVC vs SPY 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 10.5 years both funds cover.
AIVC vs SPY Performance
Amplify Bloomberg AI Equal Weight ETF (AIVC) is an ETF from Amplify ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AIVC returned +81.62% while SPY returned +17.51%. Year to date, AIVC is up 60.98% versus a gain of 12.47% for SPY.
Over three years, AIVC compounded at +45.20% per year against +21.18% for SPY; over five years the annualized figures are +15.56% and +12.88% respectively. Across the full 11-year window we track, AIVC has the edge at +15.62% annualized vs +14.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVC has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 15.1% for SPY. 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 -56.1% for AIVC and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIVC charges 0.59% per year while SPY charges 0.09%. On a $10,000 position that is $59 vs $9 annually, a gap of $50 per year that compounds over a long holding period. On income, AIVC currently yields 0.10% against 0.98% for SPY.
Holdings Overlap
53.8% of AIVC's money is in holdings SPY also owns. 37.0% of SPY's money is in holdings AIVC also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 46 positions we hold weights for in AIVC and 504 in SPY, against full books of 100 and 505.
What only one of them owns
Our book lists 470 positions for SPY that do not appear in our book for AIVC (62.5% of the fund), and 9 for AIVC that do not appear in SPY (18.0%).
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 AIVC | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.49% | 7.71% | 5.22% |
| AAPLApple, Inc | 2.20% | 6.83% | 4.63% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 2.77% | 5.50% | 2.73% |
| AMZNAmazon.Com Inc | 2.45% | 4.08% | 1.63% |
| AVGOBroadcom Inc | 2.57% | 2.97% | 0.40% |
| GOOGLAlphabet A Usd 0.001 | 2.13% | 3.33% | 1.20% |
| MUMicron Technology, Inc. | 1.95% | 1.51% | 0.44% |
| AMDAdvanced Micro Devices Inc. | 2.02% | 1.27% | 0.75% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.33% | 0.72% | 1.61% |
| HPEHewlett Packard Enterprise Co. | 2.79% | 0.10% | 2.69% |
53.8% of AIVC is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIVC or SPY?
AIVC has an expense ratio of 0.59% while SPY charges 0.09%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, AIVC or SPY?
Over the past year AIVC returned +81.62% vs +17.51% for SPY, so AIVC leads on 1-year performance. Over the longest common window we track (11 years), AIVC annualized +15.62% vs +14.45% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVC or SPY?
AIVC has been the more volatile fund at 25.7% annualized versus 15.1% for SPY. Worst drawdown: AIVC -56.1% vs SPY -34.1%.
Should I hold both AIVC and SPY?
AIVC and SPY have a monthly-return correlation of 0.73, 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 AIVC and SPY?
53.8% of AIVC's money is in holdings SPY also owns. 37.0% of SPY's is in holdings AIVC also owns. They hold 24 positions in common, counted across the 46 positions we hold weights for in AIVC and 504 in SPY.
Which pays a higher dividend, AIVC or SPY?
AIVC yields 0.10% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AIVC?
SPY has a lower expense ratio. AIVC led over 1Y, 3Y, 5Y and the full window. AIVC is less concentrated, with 27.8% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.