APUE vs IVV
ActivePassive US Equity ETF vs iShares Core S&P 500 ETF
Which is better, APUE or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. APUE led over 1Y, IVV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. APUE is less concentrated, with 37.7% of the fund in its ten largest positions against 37.9%.
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 | APUE | IVV |
|---|---|---|
| Expense Ratio | 0.31% | 0.03%Best |
| AUM | $2.5B | $876.4B |
| Dividend Yield | 0.75% | 1.06% |
| Holdings | 451 | 508 |
| YTD Return | +11.81%Best | +11.57% |
| 1Y Return | +18.11%Best | +17.57% |
| 3Y Return (annualized) | +20.11% | +20.71%Best |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 12.9% | 12.8%Best |
| Max Drawdown | -19.1% | -18.8%Best |
| $10,000 over 3.4 years | $19,324 | $19,580Best |
| Top 10 Weight | 37.7%Best | 37.9% |
| Fund Family | Envestnet Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 3, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Sep 10, 2026 (3.4 years).
APUE 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 3.4 years both funds cover.
APUE vs IVV Performance
ActivePassive US Equity ETF (APUE) is an ETF from Envestnet Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year APUE returned +18.11% while IVV returned +17.57%. Year to date, APUE is up 11.81% versus a gain of 11.57% for IVV.
Over three years, APUE compounded at +20.11% per year against +20.71% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
APUE has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.8% 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 -19.1% for APUE 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
APUE charges 0.31% per year while IVV charges 0.03%. On a $10,000 position that is $31 vs $3 annually, a gap of $28 per year that compounds over a long holding period. On income, APUE currently yields 0.75% against 1.06% for IVV.
Holdings Overlap
87.9% of APUE's money is in holdings IVV also owns. 96.5% of IVV's money is in holdings APUE also owns.
Most of IVV is already inside APUE. Owning both mostly buys the same companies twice.
388 positions in common, counted across the 450 positions we hold weights for in APUE and 505 in IVV, against full books of 451 and 508.
What only one of them owns
Our book lists 110 positions for IVV that do not appear in our book for APUE (3.0% of the fund), and 54 for APUE that do not appear in IVV (11.3%).
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 APUE | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 6.91% | 7.98% | 1.07% |
| AAPLApple, Inc | 6.30% | 6.86% | 0.56% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.13% | 5.44% | 0.31% |
| AMZNAmazon.Com Inc | 3.63% | 4.01% | 0.38% |
| GOOGLAlphabet A Usd 0.001 | 2.91% | 3.19% | 0.28% |
| AVGOBroadcom Inc | 2.74% | 2.98% | 0.24% |
| GOOGAlphabet Inc | 2.32% | 2.56% | 0.24% |
| METAMeta Platforms, Inc. | 1.77% | 1.94% | 0.17% |
| MUMicron Technology, Inc. | 1.37% | 1.51% | 0.14% |
| LLYEli Lilly & Co. | 1.39% | 1.39% | 0.00% |
96.5% of IVV is already inside APUE.
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, APUE or IVV?
APUE has an expense ratio of 0.31% while IVV charges 0.03%. IVV is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, APUE or IVV?
Over the past year APUE returned +18.11% vs +17.57% for IVV, so APUE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APUE or IVV?
APUE has been the more volatile fund at 12.9% annualized versus 12.8% for IVV. Worst drawdown: APUE -19.1% vs IVV -18.8%.
Should I hold both APUE and IVV?
APUE and IVV have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between APUE and IVV?
96.5% of IVV's money is in holdings APUE also owns. 96.5% of IVV's is in holdings APUE also owns. They hold 388 positions in common, counted across the 450 positions we hold weights for in APUE and 505 in IVV.
Which pays a higher dividend, APUE or IVV?
APUE yields 0.75% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than APUE?
IVV has a lower expense ratio. APUE led over 1Y, IVV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. APUE is less concentrated, with 37.7% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.