AVEM vs IVV
Avantis Emerging Markets Equity ETF vs iShares Core S&P 500 ETF
Which is better, AVEM or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. AVEM led over 1Y and 3Y, IVV over 5Y 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 | AVEM | IVV |
|---|---|---|
| Expense Ratio | 0.33% | 0.03%Best |
| AUM | $28.1B | $876.4B |
| Dividend Yield | 1.86% | 1.06% |
| Holdings | 3,967 | 508 |
| YTD Return | +22.54%Best | +12.24% |
| 1Y Return | +34.35%Best | +18.61% |
| 3Y Return (annualized) | +24.44%Best | +20.98% |
| 5Y Return (annualized) | +10.58% | +12.76%Best |
| Volatility (annualized) | 18.7% | 16.7%Best |
| Max Drawdown | -36.0% | -33.9%Best |
| $10,000 over 5 years | $16,534 | $18,230Best |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 17, 2019 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2019 to Sep 9, 2026 (7 years).
AVEM 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 7 years both funds cover.
AVEM vs IVV Performance
Avantis Emerging Markets Equity ETF (AVEM) is an ETF from Avantis Investors and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AVEM returned +34.35% while IVV returned +18.61%. Year to date, AVEM is up 22.54% versus a gain of 12.24% for IVV.
Over three years, AVEM compounded at +24.44% per year against +20.98% for IVV; over five years the annualized figures are +10.58% and +12.76% respectively. Across the full 7-year window we track, IVV has the edge at +15.50% annualized vs +12.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVEM has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 16.7% 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 -36.0% for AVEM and -33.9% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVEM charges 0.33% per year while IVV charges 0.03%. On a $10,000 position that is $33 vs $3 annually, a gap of $30 per year that compounds over a long holding period. On income, AVEM currently yields 1.86% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1,199 holdings in AVEM and 505 in IVV, totalling 91.4% and 100.0% of the two funds. That is not enough of AVEM to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1,199 positions we hold weights for in AVEM and 505 in IVV, against full books of 3,967 and 508.
Top Shared Holdings
| Stock | Weight in AVEM | Weight in IVV | Difference |
|---|---|---|---|
| HAL:MBHindustan Aeronautics Ltd | 0.03% | 0.04% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of AVEM 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, AVEM or IVV?
AVEM has an expense ratio of 0.33% while IVV charges 0.03%. IVV is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, AVEM or IVV?
Over the past year AVEM returned +34.35% vs +18.61% for IVV, so AVEM leads on 1-year performance. Over the longest common window we track (7 years), AVEM annualized +12.27% vs +15.50% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVEM or IVV?
AVEM has been the more volatile fund at 18.7% annualized versus 16.7% for IVV. Worst drawdown: AVEM -36.0% vs IVV -33.9%.
Should I hold both AVEM and IVV?
AVEM and IVV have a monthly-return correlation of 0.71, 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, AVEM or IVV?
AVEM yields 1.86% while IVV yields 1.06%, so AVEM currently pays the higher dividend yield.
Is IVV better than AVEM?
IVV has a lower expense ratio. AVEM led over 1Y and 3Y, IVV over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.