ASLV vs IVV
Allspring Special Large Value ETF vs iShares Core S&P 500 ETF
Which is better, ASLV or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. ASLV led over 1Y, IVV over the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 39.6%.
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 | ASLV | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $203M | $896.5B |
| Dividend Yield | 0.82% | 1.10% |
| Holdings | 46 | 508 |
| YTD Return | +10.35%Best | +8.18% |
| 1Y Return | +15.37%Best | +9.40% |
| 3Y Return (annualized) | - | +20.49% |
| 5Y Return (annualized) | - | +10.90% |
| Volatility (annualized) | 10.5%Best | 12.1% |
| Max Drawdown | -11.0%Best | -12.4% |
| $10,000 over 1.6 years | $12,635 | $13,136Best |
| Top 10 Weight | 39.6% | 38.9%Best |
| Fund Family | Allspring Global Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 26, 2025 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 27, 2025 to Nov 5, 2026 (1.6 years).
ASLV 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 1.6 years both funds cover.
ASLV vs IVV Performance
Allspring Special Large Value ETF (ASLV) is an ETF from Allspring Global Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ASLV returned +15.37% while IVV returned +9.40%. Year to date, ASLV is up 10.35% versus a gain of 8.18% 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 12.1% compared with 10.5% for ASLV. 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 -11.0% for ASLV and -12.4% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ASLV charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, ASLV currently yields 0.82% against 1.10% for IVV.
Holdings Overlap
87.6% of ASLV's money is in holdings IVV also owns. 32.6% of IVV's money is in holdings ASLV also owns.
Most of ASLV is already inside IVV. Owning both mostly buys the same companies twice.
38 positions in common, counted across the 43 positions we hold weights for in ASLV and 506 in IVV, against full books of 46 and 508.
What only one of them owns
Our book lists 463 positions for IVV that do not appear in our book for ASLV (67.1% of the fund), and 2 for ASLV that do not appear in IVV (4.3%).
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 ASLV | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.04% | 7.29% | 3.25% |
| MSFTMicrosoft Corp | 5.54% | 5.76% | 0.22% |
| AMZNAmazon.Com Inc | 7.61% | 3.68% | 3.93% |
| GOOGAlphabet Inc. C | 3.01% | 2.41% | 0.60% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.55% | 1.41% | 2.14% |
| JNJJohnson & Johnson - Common | 3.17% | 0.94% | 2.23% |
| AVGOBroadcom Inc | 1.49% | 2.47% | 0.98% |
| NEENextera Energy Inc | 3.44% | 0.24% | 3.20% |
| VVisa Inc Class A | 2.60% | 0.93% | 1.67% |
| COFCapital One Financial Corp. | 3.14% | 0.18% | 2.96% |
87.6% of ASLV is already inside IVV.
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, ASLV or IVV?
ASLV has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, ASLV or IVV?
Over the past year ASLV returned +15.37% vs +9.40% for IVV, so ASLV leads on 1-year performance. Over the longest common window we track (2 years), ASLV annualized +15.74% vs +18.59% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASLV or IVV?
IVV has been the more volatile fund at 12.1% annualized versus 10.5% for ASLV. Worst drawdown: ASLV -11.0% vs IVV -12.4%.
Should I hold both ASLV and IVV?
ASLV and IVV have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ASLV and IVV?
87.6% of ASLV's money is in holdings IVV also owns. 32.6% of IVV's is in holdings ASLV also owns. They hold 38 positions in common, counted across the 43 positions we hold weights for in ASLV and 506 in IVV.
Which pays a higher dividend, ASLV or IVV?
ASLV yields 0.82% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than ASLV?
IVV has a lower expense ratio. ASLV led over 1Y, IVV over the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.