AIYY vs IVV
YieldMax AI Option Income Strategy ETF 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 | AIYY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.67% | 0.03% | |
| AUM | $27M | $907.0B | |
| Dividend Yield | 135.84% | 1.10% | |
| Holdings | 10 | 508 | |
| YTD Return | -33.53% | +12.71% | |
| 1Y Return | -44.48% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 41.1% | 15.1% | |
| Max Drawdown | -80.3% | -56.5% | |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 27, 2023 | May 15, 2000 |
AIYY vs IVV Performance
YieldMax AI Option Income Strategy ETF (AIYY) is a ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AIYY returned -44.48% while IVV returned +21.89%. Year to date, AIYY is down 33.53% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
AIYY has been the more volatile fund, with annualized monthly volatility of 41.1% 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 -80.3% for AIYY 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AIYY charges 1.67% per year while IVV charges 0.03%. On a $10,000 position that is $167 vs $3 annually, a gap of $164 per year that compounds over a long holding period. On income, AIYY currently yields 135.84% against 1.10% for IVV.
Holdings Overlap
AIYY and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIYY or IVV?
AIYY has an expense ratio of 1.67% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $164 per year of difference.
Which performed better, AIYY or IVV?
Over the past year AIYY returned -44.48% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), AIYY annualized -41.44% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AIYY or IVV?
AIYY has been the more volatile fund at 41.1% annualized versus 15.1% for IVV. Worst drawdown: AIYY -80.3% vs IVV -56.5%.
Should I hold both AIYY and IVV?
AIYY and IVV have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIYY and IVV?
AIYY and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, AIYY or IVV?
AIYY yields 135.84% while IVV yields 1.10%, so AIYY currently pays the higher dividend yield.
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