ATFV vs IVV
Alger 35 ETF vs iShares Core S&P 500 ETF
Which is better, ATFV or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. ATFV led over 3Y and the full window, IVV over 1Y and 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.0%.
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 | ATFV | IVV |
|---|---|---|
| Expense Ratio | 0.56% | 0.03%Best |
| AUM | $443M | $876.4B |
| Dividend Yield | 0.18% | 1.06% |
| Holdings | 34 | 508 |
| YTD Return | +13.83%Best | +12.39% |
| 1Y Return | +13.58% | +16.61%Best |
| 3Y Return (annualized) | +39.08%Best | +21.38% |
| 5Y Return (annualized) | +13.32% | +13.51%Best |
| Volatility (annualized) | 24.0% | 15.4%Best |
| Max Drawdown | -45.3% | -24.5%Best |
| $10,000 over 5 years | $18,687 | $18,844Best |
| Top 10 Weight | 57.0% | 37.8%Best |
| Fund Family | Alger | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 4, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 4, 2021 to Sep 18, 2026 (5.4 years).
ATFV 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 5.4 years both funds cover.
ATFV vs IVV Performance
Alger 35 ETF (ATFV) is an ETF from Alger and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ATFV returned +13.58% while IVV returned +16.61%. Year to date, ATFV is up 13.83% versus a gain of 12.39% for IVV.
Over three years, ATFV compounded at +39.08% per year against +21.38% for IVV; over five years the annualized figures are +13.32% and +13.51% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 15.4% 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 -24.5% 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 0.85. 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 0.18% against 1.06% for IVV.
Holdings Overlap
61.9% of ATFV's money is in holdings IVV also owns. 30.8% of IVV's money is in holdings ATFV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 32 positions we hold weights for in ATFV and 490 in IVV, against full books of 34 and 508.
What only one of them owns
Our book lists 466 positions for IVV that do not appear in our book for ATFV (67.8% of the fund), and 13 for ATFV that do not appear in IVV (31.7%).
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 ATFV | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.26% | 8.07% | 5.19% |
| MSFTMicrosoft Corp | 6.41% | 5.69% | 0.72% |
| AMZNAmazon.Com Inc | 6.37% | 3.84% | 2.53% |
| GOOGLAlphabet Inc,class A | 6.40% | 3.00% | 3.40% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 5.49% | 0.23% | 5.26% |
| AVGOBroadcom Inc | 2.68% | 2.65% | 0.03% |
| METAMeta Platforms Inc | 2.22% | 1.90% | 0.32% |
| TSLATesla Inc | 1.91% | 1.56% | 0.35% |
| LLYEli Lilly & Co. | 1.90% | 1.38% | 0.52% |
| TMOThermo Fisherscientific Inc. | 2.71% | 0.35% | 2.36% |
61.9% of ATFV 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, ATFV or IVV?
ATFV has an expense ratio of 0.56% while IVV charges 0.03%. IVV is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, ATFV or IVV?
Over the past year ATFV returned +13.58% vs +16.61% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ATFV or IVV?
ATFV has been the more volatile fund at 24.0% annualized versus 15.4% for IVV. Worst drawdown: ATFV -45.3% vs IVV -24.5%.
Should I hold both ATFV and IVV?
ATFV and IVV have a monthly-return correlation of 0.85, 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 ATFV and IVV?
61.9% of ATFV's money is in holdings IVV also owns. 30.8% of IVV's is in holdings ATFV also owns. They hold 16 positions in common, counted across the 32 positions we hold weights for in ATFV and 490 in IVV.
Which pays a higher dividend, ATFV or IVV?
ATFV yields 0.18% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than ATFV?
IVV has a lower expense ratio. ATFV led over 3Y and the full window, IVV over 1Y and 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.