APUE vs IVV
ActivePassive US Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. APUE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | APUE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.03% | |
| AUM | $2.5B | $907.0B | |
| Dividend Yield | 0.75% | 1.10% | |
| Holdings | 442 | 508 | |
| YTD Return | +13.60% | +12.96% | |
| 1Y Return | +21.87% | +20.70% | |
| 3Y Return (annualized) | +21.65% | +22.10% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 13.0% | 15.1% | |
| Max Drawdown | -19.1% | -56.5% | |
| Fund Family | Envestnet Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 3, 2023 | May 15, 2000 |
APUE vs IVV Performance
ActivePassive US Equity ETF (APUE) is a ETF from Envestnet Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year APUE returned +21.87% while IVV returned +20.70%. Year to date, APUE is up 13.60% versus a gain of 12.96% for IVV.
Over three years, APUE compounded at +21.65% per year against +22.10% for IVV. Across the full 3-year window we track, APUE has the edge at +22.42% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% for APUE. 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 -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 0.99. 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 1.10% for IVV.
Holdings Overlap
APUE and IVV share 385 holdings out of 570 unique holdings combined, representing a 83.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $28 per year of difference.
Which performed better, APUE or IVV?
Over the past year APUE returned +21.87% vs +20.70% for IVV, so APUE leads on 1-year performance. Over the longest common window we track (3 years), APUE annualized +22.42% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, APUE or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.0% for APUE. Worst drawdown: APUE -19.1% vs IVV -56.5%.
Should I hold both APUE and IVV?
APUE and IVV have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between APUE and IVV?
APUE and IVV share 385 common holdings with a 83.7% weight overlap. Combined, they hold 570 unique securities.
Which pays a higher dividend, APUE or IVV?
APUE yields 0.75% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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