AIVL vs IVV
WisdomTree US AI Enhanced Value Fund vs iShares Core S&P 500 ETF
Which is better, AIVL or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. AIVL is less concentrated, with 31.7% of the fund in its ten largest positions against 37.9%.
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 | AIVL | IVV |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $424M | $876.4B |
| Dividend Yield | 1.45% | 1.06% |
| Holdings | 106 | 508 |
| YTD Return | +14.90%Best | +12.51% |
| 1Y Return | +16.03% | +17.57%Best |
| 3Y Return (annualized) | +14.28% | +21.27%Best |
| 5Y Return (annualized) | +8.33% | +12.95%Best |
| Volatility (annualized) | 15.8% | 15.3%Best |
| Max Drawdown | -65.1% | -56.5%Best |
| $10,000 over 5 years | $14,919 | $18,384Best |
| Top 10 Weight | 31.7%Best | 37.9% |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 16, 2006 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Sep 11, 2026 (20.2 years).
AIVL 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 20.2 years both funds cover.
AIVL vs IVV Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is an ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AIVL returned +16.03% while IVV returned +17.57%. Year to date, AIVL is up 14.90% versus a gain of 12.51% for IVV.
Over three years, AIVL compounded at +14.28% per year against +21.27% for IVV; over five years the annualized figures are +8.33% and +12.95% respectively. Across the full 20-year window we track, IVV has the edge at +9.78% annualized vs +5.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.3% 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 -65.1% for AIVL and -56.5% 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIVL charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, AIVL currently yields 1.45% against 1.06% for IVV.
Holdings Overlap
81.0% of AIVL's money is in holdings IVV also owns. 26.3% of IVV's money is in holdings AIVL also owns.
Most of AIVL is already inside IVV. Owning both mostly buys the same companies twice.
65 positions in common, counted across the 100 positions we hold weights for in AIVL and 505 in IVV, against full books of 106 and 508.
What only one of them owns
Our book lists 430 positions for IVV that do not appear in our book for AIVL (73.1% of the fund), and 33 for AIVL that do not appear in IVV (16.6%).
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 AIVL | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.75% | 6.86% | 4.11% |
| AMZNAmazon.Com Inc | 3.19% | 4.01% | 0.82% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.20% | 5.44% | 4.24% |
| BACBank Of America Corp. | 4.13% | 0.62% | 3.51% |
| MDTMedtronic Plc Ordinary Shares | 3.29% | 0.17% | 3.12% |
| PGProcter & Gamble Company | 2.94% | 0.51% | 2.43% |
| USBUS Bancorp | 3.26% | 0.15% | 3.11% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 3.08% | 0.13% | 2.95% |
| DHRDanaher Corp. | 3.01% | 0.19% | 2.82% |
| RTXRaytheon Technologies Corp | 2.66% | 0.45% | 2.21% |
81.0% of AIVL is already inside IVV.
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, AIVL or IVV?
AIVL has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, AIVL or IVV?
Over the past year AIVL returned +16.03% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.46% vs +9.78% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVL or IVV?
AIVL has been the more volatile fund at 15.8% annualized versus 15.3% for IVV. Worst drawdown: AIVL -65.1% vs IVV -56.5%.
Should I hold both AIVL and IVV?
AIVL and IVV have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AIVL and IVV?
81.0% of AIVL's money is in holdings IVV also owns. 26.3% of IVV's is in holdings AIVL also owns. They hold 65 positions in common, counted across the 100 positions we hold weights for in AIVL and 505 in IVV.
Which pays a higher dividend, AIVL or IVV?
AIVL yields 1.45% while IVV yields 1.06%, so AIVL currently pays the higher dividend yield.
Is IVV better than AIVL?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. AIVL is less concentrated, with 31.7% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.