ATFV vs IVV
Alger 35 ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. ATFV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ATFV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.03% | |
| AUM | $213M | $865.2B | |
| Dividend Yield | 0.17% | 1.09% | |
| Holdings | 33 | 508 | |
| YTD Return | +16.80% | +14.50% | |
| 1Y Return | +26.67% | +22.02% | |
| 3Y Return (annualized) | +39.75% | +21.80% | |
| 5Y Return (annualized) | +14.07% | +13.37% | |
| Volatility (annualized) | 24.3% | 15.1% | |
| Max Drawdown | -45.3% | -56.5% | |
| Fund Family | Alger | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 4, 2021 | May 15, 2000 |
ATFV vs IVV Performance
Alger 35 ETF (ATFV) is a ETF from Alger and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ATFV returned +26.67% while IVV returned +22.02%. Year to date, ATFV is up 16.80% versus a gain of 14.50% for IVV.
Over three years, ATFV compounded at +39.75% per year against +21.80% for IVV; over five years the annualized figures are +14.07% and +13.37% respectively. Across the full 5-year window we track, ATFV has the edge at +15.12% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 15.1% 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 -45.3% for ATFV 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ATFV charges 0.56% per year while IVV charges 0.03%. On a $10,000 position that is $56 vs $3 annually, a gap of $53 per year that compounds over a long holding period. On income, ATFV currently yields 0.17% against 1.09% for IVV.
Holdings Overlap
ATFV and IVV share 13 holdings out of 524 unique holdings combined, representing a 25.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ATFV or IVV?
ATFV has an expense ratio of 0.56% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, ATFV or IVV?
Over the past year ATFV returned +26.67% vs +22.02% for IVV, so ATFV leads on 1-year performance. Over the longest common window we track (5 years), ATFV annualized +15.12% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, ATFV or IVV?
ATFV has been the more volatile fund at 24.3% annualized versus 15.1% for IVV. Worst drawdown: ATFV -45.3% vs IVV -56.5%.
Should I hold both ATFV and IVV?
ATFV and IVV have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ATFV and IVV?
ATFV and IVV share 13 common holdings with a 25.0% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, ATFV or IVV?
ATFV yields 0.17% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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