APOC vs IVV
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct vs iShares Core S&P 500 ETF
Which is better, APOC or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | APOC | IVV |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $70M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 14 | 508 |
| YTD Return | +1.43% | +14.15%Best |
| 1Y Return | +2.68% | +17.31%Best |
| 3Y Return (annualized) | - | +23.17% |
| 5Y Return (annualized) | - | +13.85% |
| Volatility (annualized) | 3.6%Best | 12.7% |
| Max Drawdown | -4.2%Best | -18.8% |
| $10,000 over 2 years | $10,578 | $14,002Best |
| Fund Family | Innovator ETFs Trust | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 1, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Sep 21, 2026 (2 years).
APOC 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 2 years both funds cover.
APOC vs IVV Performance
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct (APOC) is an ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year APOC returned +2.68% while IVV returned +17.31%. Year to date, APOC is up 1.43% versus a gain of 14.15% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 3.6% for APOC. 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 -4.2% for APOC 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
APOC charges 0.79% per year while IVV charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, APOC currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in APOC and 490 in IVV, totalling 114.5% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in APOC and 490 in IVV, against full books of 14 and 508.
You are not choosing between two funds in isolation.
Whichever of APOC and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APOC or IVV?
APOC has an expense ratio of 0.79% while IVV charges 0.03%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, APOC or IVV?
Over the past year APOC returned +2.68% vs +17.31% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), APOC annualized +2.85% vs +18.33% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APOC or IVV?
IVV has been the more volatile fund at 12.7% annualized versus 3.6% for APOC. Worst drawdown: APOC -4.2% vs IVV -18.8%.
Should I hold both APOC and IVV?
APOC and IVV have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, APOC or IVV?
APOC yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than APOC?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.