AVGV vs IVV
Avantis All Equity Markets Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AVGV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AVGV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.26% | 0.03% | |
| AUM | $453M | $907.0B | |
| Dividend Yield | 1.62% | 1.10% | |
| Holdings | 8 | 508 | |
| YTD Return | +20.08% | +12.71% | |
| 1Y Return | +32.42% | +21.89% | |
| 3Y Return (annualized) | +22.39% | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 12.9% | 15.1% | |
| Max Drawdown | -17.0% | -56.5% | |
| Fund Family | Avantis Investors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2023 | May 15, 2000 |
AVGV vs IVV Performance
Avantis All Equity Markets Value ETF (AVGV) is a ETF from Avantis Investors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AVGV returned +32.42% while IVV returned +21.89%. Year to date, AVGV is up 20.08% versus a gain of 12.71% for IVV.
Over three years, AVGV compounded at +22.39% per year against +22.08% for IVV. Across the full 3-year window we track, AVGV has the edge at +21.56% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.9% for AVGV. 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 -17.0% for AVGV 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
AVGV charges 0.26% per year while IVV charges 0.03%. On a $10,000 position that is $26 vs $3 annually, a gap of $23 per year that compounds over a long holding period. On income, AVGV currently yields 1.62% against 1.10% for IVV.
Holdings Overlap
AVGV and IVV share 0 holdings out of 512 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVGV or IVV?
AVGV has an expense ratio of 0.26% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, AVGV or IVV?
Over the past year AVGV returned +32.42% vs +21.89% for IVV, so AVGV leads on 1-year performance. Over the longest common window we track (3 years), AVGV annualized +21.56% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AVGV or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.9% for AVGV. Worst drawdown: AVGV -17.0% vs IVV -56.5%.
Should I hold both AVGV and IVV?
AVGV 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 AVGV and IVV?
AVGV and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, AVGV or IVV?
AVGV yields 1.62% while IVV yields 1.10%, so AVGV currently pays the higher dividend yield.
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