AIVL vs IVV
WisdomTree US AI Enhanced Value Fund 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 | AIVL | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | |
| AUM | $435M | $907.0B | |
| Dividend Yield | 1.46% | 1.10% | |
| Holdings | 101 | 508 | |
| YTD Return | +17.40% | +12.71% | |
| 1Y Return | +20.49% | +21.89% | |
| 3Y Return (annualized) | +15.25% | +22.08% | |
| 5Y Return (annualized) | +8.74% | +12.96% | |
| Volatility (annualized) | 15.9% | 15.1% | |
| Max Drawdown | -65.1% | -56.5% | |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | May 15, 2000 |
AIVL vs IVV Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is a ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AIVL returned +20.49% while IVV returned +21.89%. Year to date, AIVL is up 17.40% versus a gain of 12.71% for IVV.
Over three years, AIVL compounded at +15.25% per year against +22.08% for IVV; over five years the annualized figures are +8.74% and +12.96% respectively. Across the full 20-year window we track, IVV has the edge at +7.00% annualized vs +5.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.1% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 1.46% against 1.10% for IVV.
Holdings Overlap
AIVL and IVV share 73 holdings out of 538 unique holdings combined, representing a 16.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $35 per year of difference.
Which performed better, AIVL or IVV?
Over the past year AIVL returned +20.49% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.59% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AIVL or IVV?
AIVL has been the more volatile fund at 15.9% annualized versus 15.1% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between AIVL and IVV?
AIVL and IVV share 73 common holdings with a 16.0% weight overlap. Combined, they hold 538 unique securities.
Which pays a higher dividend, AIVL or IVV?
AIVL yields 1.46% while IVV yields 1.10%, so AIVL currently pays the higher dividend yield.
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