AIVL vs VOO
WisdomTree US AI Enhanced Value Fund vs Vanguard S&P 500 ETF
Which is better, AIVL or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. AIVL is less concentrated, with 31.7% of the fund in its ten largest positions against 36.4%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $424M | $997.4B |
| Dividend Yield | 1.45% | 1.04% |
| Holdings | 106 | 509 |
| YTD Return | +14.26%Best | +11.55% |
| 1Y Return | +16.91% | +17.54%Best |
| 3Y Return (annualized) | +14.12% | +20.71%Best |
| 5Y Return (annualized) | +8.29% | +12.80%Best |
| Volatility (annualized) | 14.0%Best | 14.1% |
| Max Drawdown | -41.3% | -34.3%Best |
| $10,000 over 5 years | $14,892 | $18,262Best |
| Top 10 Weight | 31.7%Best | 36.4% |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 16, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 10, 2026 (16 years).
AIVL 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 16 years both funds cover.
AIVL vs VOO Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is an ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AIVL returned +16.91% while VOO returned +17.54%. Year to date, AIVL is up 14.26% versus a gain of 11.55% for VOO.
Over three years, AIVL compounded at +14.12% per year against +20.71% for VOO; over five years the annualized figures are +8.29% and +12.80% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +7.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 14.0% for AIVL. 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 -41.3% for AIVL 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIVL charges 0.38% per year while VOO 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 1.04% for VOO.
Holdings Overlap
80.3% of AIVL's money is in holdings VOO also owns. 25.2% of VOO's money is in holdings AIVL also owns.
Most of AIVL is already inside VOO. Owning both mostly buys the same companies twice.
64 positions in common, counted across the 100 positions we hold weights for in AIVL and 505 in VOO, against full books of 106 and 509.
What only one of them owns
Our book lists 432 positions for VOO that do not appear in our book for AIVL (74.2% of the fund), and 34 for AIVL that do not appear in VOO (17.3%).
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 VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.75% | 6.59% | 3.84% |
| AMZNAmazon.Com Inc | 3.19% | 3.62% | 0.43% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.20% | 4.30% | 3.10% |
| BACBank Of America Corp. | 4.13% | 0.58% | 3.55% |
| PGProcter & Gamble Company | 2.94% | 0.53% | 2.41% |
| MDTMedtronic Plc Ordinary Shares | 3.29% | 0.16% | 3.13% |
| USBUS Bancorp | 3.26% | 0.15% | 3.11% |
| DHRDanaher Corp. | 3.01% | 0.19% | 2.82% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 3.08% | 0.11% | 2.97% |
| TDYTeledyne Technologies Inc | 3.06% | 0.05% | 3.01% |
80.3% of AIVL 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIVL or VOO?
AIVL has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, AIVL or VOO?
Over the past year AIVL returned +16.91% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), AIVL annualized +7.98% vs +13.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVL or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 14.0% for AIVL. Worst drawdown: AIVL -41.3% vs VOO -34.3%.
Should I hold both AIVL and VOO?
AIVL and VOO have a monthly-return correlation of 0.88, 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 AIVL and VOO?
80.3% of AIVL's money is in holdings VOO also owns. 25.2% of VOO's is in holdings AIVL also owns. They hold 64 positions in common, counted across the 100 positions we hold weights for in AIVL and 505 in VOO.
Which pays a higher dividend, AIVL or VOO?
AIVL yields 1.45% while VOO yields 1.04%, so AIVL currently pays the higher dividend yield.
Is VOO better than AIVL?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. AIVL is less concentrated, with 31.7% 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.