AMID vs IVV
Argent Mid Cap ETF vs iShares Core S&P 500 ETF
Which is better, AMID or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. AMID is less concentrated, with 31.5% of the fund in its ten largest positions against 38.1%.
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 | AMID | IVV |
|---|---|---|
| Expense Ratio | 0.52% | 0.03%Best |
| AUM | $116M | $882.6B |
| Dividend Yield | 0.33% | 1.06% |
| Holdings | 48 | 508 |
| YTD Return | +9.38% | +13.60%Best |
| 1Y Return | +8.86% | +16.32%Best |
| 3Y Return (annualized) | +14.14% | +23.81%Best |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 17.6% | 14.1%Best |
| Max Drawdown | -23.1% | -18.8%Best |
| $10,000 over 4.1 years | $15,176 | $19,062Best |
| Top 10 Weight | 31.5%Best | 38.1% |
| Fund Family | Alpha Architect | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Aug 17, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 17, 2022 to Oct 2, 2026 (4.1 years).
AMID 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 4.1 years both funds cover.
AMID vs IVV Performance
Argent Mid Cap ETF (AMID) is an ETF from Alpha Architect and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AMID returned +8.86% while IVV returned +16.32%. Year to date, AMID is up 9.38% versus a gain of 13.60% for IVV.
Over three years, AMID compounded at +14.14% per year against +23.81% for IVV. Across the full 4-year window we track, IVV has the edge at +17.04% annualized vs +10.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMID has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.1% 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 -23.1% for AMID and -18.8% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMID charges 0.52% per year while IVV charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, AMID currently yields 0.33% against 1.06% for IVV.
Holdings Overlap
29.1% of AMID's money is in holdings IVV also owns. 1.2% of IVV's money is in holdings AMID also owns.
AMID and IVV share little of their money.
13 positions in common, counted across the 47 positions we hold weights for in AMID and 505 in IVV, against full books of 48 and 508.
What only one of them owns
Our book lists 484 positions for IVV that do not appear in our book for AMID (98.0% of the fund), and 29 for AMID that do not appear in IVV (61.2%).
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 AMID | Weight in IVV | Difference |
|---|---|---|---|
| FIXComfort Systems USA Inc. | 3.69% | 0.09% | 3.60% |
| HPEHewlett Packard Enterprise Co | 3.23% | 0.12% | 3.11% |
| URIUnited Rentals Inc. | 2.83% | 0.09% | 2.74% |
| AMEAmetek Inc | 2.44% | 0.08% | 2.36% |
| CTASCintas Corp. | 2.38% | 0.10% | 2.28% |
| HLTHilton Worldwide Holdings, Inc. | 2.15% | 0.11% | 2.04% |
| FTNTFortinet Inc | 2.00% | 0.15% | 1.85% |
| DHIDr Horton Inc. | 2.02% | 0.06% | 1.96% |
| IFFInternational Flavors & Fragrances Inc. | 2.01% | 0.03% | 1.98% |
| VRTVertiv Co. | 1.77% | 0.15% | 1.62% |
29.1% of AMID 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, AMID or IVV?
AMID has an expense ratio of 0.52% while IVV charges 0.03%. IVV is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, AMID or IVV?
Over the past year AMID returned +8.86% vs +16.32% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), AMID annualized +10.71% vs +17.04% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMID or IVV?
AMID has been the more volatile fund at 17.6% annualized versus 14.1% for IVV. Worst drawdown: AMID -23.1% vs IVV -18.8%.
Should I hold both AMID and IVV?
AMID and IVV have a monthly-return correlation of 0.81, 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 AMID and IVV?
29.1% of AMID's money is in holdings IVV also owns. 1.2% of IVV's is in holdings AMID also owns. They hold 13 positions in common, counted across the 47 positions we hold weights for in AMID and 505 in IVV.
Which pays a higher dividend, AMID or IVV?
AMID yields 0.33% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than AMID?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. AMID is less concentrated, with 31.5% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.