ASGM vs IVV
Virtus AlphaSimplex Global Macro ETF vs iShares Core S&P 500 ETF
Which is better, ASGM or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. ASGM 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 | ASGM | IVV |
|---|---|---|
| Expense Ratio | 0.86% | 0.03%Best |
| AUM | $9M | $876.4B |
| Dividend Yield | 3.87% | 1.06% |
| Holdings | 17 | 508 |
| YTD Return | +21.93%Best | +12.39% |
| 1Y Return | +28.43%Best | +16.61% |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 13.5% | 12.9%Best |
| Max Drawdown | -7.4%Best | -8.9% |
| $10,000 over 1.1 years | $13,619Best | $12,256 |
| Fund Family | Virtus Investment Partners | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Aug 4, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 5, 2025 to Sep 18, 2026 (1.1 years).
ASGM 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 1.1 years both funds cover.
ASGM vs IVV Performance
Virtus AlphaSimplex Global Macro ETF (ASGM) is an ETF from Virtus Investment Partners and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ASGM returned +28.43% while IVV returned +16.61%. Year to date, ASGM is up 21.93% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASGM has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 12.9% 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 -7.4% for ASGM and -8.9% 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
ASGM charges 0.86% per year while IVV charges 0.03%. On a $10,000 position that is $86 vs $3 annually, a gap of $83 per year that compounds over a long holding period. On income, ASGM currently yields 3.87% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 3 holdings in ASGM and 490 in IVV, totalling 47.1% 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 3 positions we hold weights for in ASGM and 490 in IVV, against full books of 17 and 508.
You are not choosing between two funds in isolation.
Whichever of ASGM 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, ASGM or IVV?
ASGM has an expense ratio of 0.86% while IVV charges 0.03%. IVV is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, ASGM or IVV?
Over the past year ASGM returned +28.43% vs +16.61% for IVV, so ASGM leads on 1-year performance. Over the longest common window we track (1 years), ASGM annualized +32.42% vs +20.31% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASGM or IVV?
ASGM has been the more volatile fund at 13.5% annualized versus 12.9% for IVV. Worst drawdown: ASGM -7.4% vs IVV -8.9%.
Should I hold both ASGM and IVV?
ASGM 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, ASGM or IVV?
ASGM yields 3.87% while IVV yields 1.06%, so ASGM currently pays the higher dividend yield.
Is IVV better than ASGM?
IVV has a lower expense ratio. ASGM 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.