AVGU vs IVV
GraniteShares 2x Long AVGO Daily ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AVGU | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.03% | |
| AUM | $33M | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 2 | 508 | |
| YTD Return | -10.87% | +12.28% | |
| 1Y Return | +12.20% | +20.94% | |
| 3Y Return (annualized) | - | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 96.8% | 15.1% | |
| Max Drawdown | -53.3% | -56.5% | |
| Fund Family | GraniteShares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 15, 2025 | May 15, 2000 |
AVGU vs IVV Performance
GraniteShares 2x Long AVGO Daily ETF (AVGU) is a ETF from GraniteShares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AVGU returned +12.20% while IVV returned +20.94%. Year to date, AVGU is down 10.87% versus a gain of 12.28% for IVV.
Risk: Volatility and Drawdowns
AVGU has been the more volatile fund, with annualized monthly volatility of 96.8% 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 -53.3% for AVGU 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVGU charges 1.50% per year while IVV charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, AVGU currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
AVGU and IVV share 1 holdings out of 505 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVGU | Weight in IVV | Difference |
|---|---|---|---|
| AVGO | 66.63% | 2.83% | 63.80% |
Frequently Asked Questions
Which is cheaper, AVGU or IVV?
AVGU has an expense ratio of 1.50% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $147 per year of difference.
Which performed better, AVGU or IVV?
Over the past year AVGU returned +12.20% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), AVGU annualized +16.65% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, AVGU or IVV?
AVGU has been the more volatile fund at 96.8% annualized versus 15.1% for IVV. Worst drawdown: AVGU -53.3% vs IVV -56.5%.
Should I hold both AVGU and IVV?
AVGU and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGU and IVV?
AVGU and IVV share 1 common holdings with a 2.8% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, AVGU or IVV?
AVGU yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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