AIVC vs VOO

AIVC vs VOO

Which is better, AIVC or VOO?

AIVC has been ahead.

VOO 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 36.4%.

Lower Fees: VOOHigher Returns: AIVCLess Concentrated: AIVC

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

MetricAIVCVOO
Expense Ratio0.59%0.03%Best
AUM$134M$997.4B
Dividend Yield0.11%1.08%
Holdings100509
YTD Return+60.21%Best+13.37%
1Y Return+93.18%Best+20.08%
3Y Return (annualized)+44.16%Best+21.29%
5Y Return (annualized)+14.69%Best+12.89%
Volatility (annualized)25.7%15.1%Best
Max Drawdown-56.1%-34.3%Best
$10,000 over 5 years$19,844Best$18,335
Top 10 Weight27.8%Best36.4%
Fund FamilyAmplify ETFsVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMar 8, 2016Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Mar 9, 2016 to Sep 4, 2026 (10.5 years).

AIVC vs VOO 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 VOO Performance

Amplify Bloomberg AI Equal Weight ETF (AIVC) is an ETF from Amplify ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AIVC returned +93.18% while VOO returned +20.08%. Year to date, AIVC is up 60.21% versus a gain of 13.37% for VOO.

Over three years, AIVC compounded at +44.16% per year against +21.29% for VOO; over five years the annualized figures are +14.69% and +12.89% respectively. Across the full 11-year window we track, AIVC has the edge at +15.59% annualized vs +14.62%.

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 VOO. 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 -34.3% for VOO. 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 VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, AIVC currently yields 0.11% against 1.08% for VOO.

Holdings Overlap

AIVC already in VOO53.8%
VOO already in AIVC35.7%

53.8% of AIVC's money is in holdings VOO also owns. 35.7% of VOO'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 505 in VOO, against full books of 100 and 509.

What only one of them owns

Our book lists 473 positions for VOO that do not appear in our book for AIVC (63.8% of the fund), and 10 for AIVC that do not appear in VOO (21.9%).

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 AIVCWeight in VOODifference
NVDANvidia Corp.2.49%7.51%5.02%
AAPLApple, Inc2.20%6.59%4.39%
MSFTMicrosoft Corp 4.100 Feb 06 372.77%4.30%1.53%
AMZNAmazon.Com Inc2.45%3.62%1.17%
GOOGLAlphabet Inc.Class A2.13%3.25%1.12%
AVGOBroadcom Inc2.57%2.77%0.20%
MUMicron Technology, Inc.1.95%2.02%0.07%
AMDAdvanced Micro Devices Inc2.02%1.47%0.55%
CSCOCisco Systems Inc. - Ordinary Shares2.33%0.72%1.61%
HPEHewlett Packard Enterprise Co2.79%0.09%2.70%

53.8% of AIVC is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

AIVCVOO

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Frequently Asked Questions

Which is cheaper, AIVC or VOO?

AIVC has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.

Which performed better, AIVC or VOO?

Over the past year AIVC returned +93.18% vs +20.08% for VOO, so AIVC leads on 1-year performance. Over the longest common window we track (11 years), AIVC annualized +15.59% vs +14.62% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AIVC or VOO?

AIVC has been the more volatile fund at 25.7% annualized versus 15.1% for VOO. Worst drawdown: AIVC -56.1% vs VOO -34.3%.

Should I hold both AIVC and VOO?

AIVC and VOO 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 VOO?

53.8% of AIVC's money is in holdings VOO also owns. 35.7% of VOO'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 505 in VOO.

Which pays a higher dividend, AIVC or VOO?

AIVC yields 0.11% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

Is VOO better than AIVC?

VOO 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 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.