AQLT vs IVV
iShares MSCI Global Quality Factor ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AQLT delivered stronger 1-year returns. AQLT offers more diversification with 521 holdings.
Side-by-Side Comparison
| Metric | AQLT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $331M | $907.0B | |
| Dividend Yield | 1.01% | 1.10% | |
| Holdings | 521 | 508 | |
| YTD Return | +12.79% | +12.71% | |
| 1Y Return | +24.19% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 13.0% | 15.1% | |
| Max Drawdown | -16.8% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 11, 2024 | May 15, 2000 |
AQLT vs IVV Performance
iShares MSCI Global Quality Factor ETF (AQLT) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AQLT returned +24.19% while IVV returned +21.89%. Year to date, AQLT is up 12.79% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% for AQLT. 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 -16.8% for AQLT 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AQLT charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, AQLT currently yields 1.01% against 1.10% for IVV.
Holdings Overlap
AQLT and IVV share 123 holdings out of 846 unique holdings combined, representing a 44.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AQLT or IVV?
AQLT has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, AQLT or IVV?
Over the past year AQLT returned +24.19% vs +21.89% for IVV, so AQLT leads on 1-year performance. Over the longest common window we track (2 years), AQLT annualized +16.53% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AQLT or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.0% for AQLT. Worst drawdown: AQLT -16.8% vs IVV -56.5%.
Should I hold both AQLT and IVV?
AQLT and IVV have a monthly-return correlation of 0.93, 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 AQLT and IVV?
AQLT and IVV share 123 common holdings with a 44.6% weight overlap. Combined, they hold 846 unique securities.
Which pays a higher dividend, AQLT or IVV?
AQLT yields 1.01% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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