AVGW vs IVV
Roundhill AVGO WeeklyPay 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 | AVGW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.03% | |
| AUM | $49M | $907.0B | |
| Dividend Yield | 70.08% | 1.10% | |
| Holdings | 5 | 508 | |
| YTD Return | -13.74% | +12.71% | |
| 1Y Return | +4.72% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 54.6% | 15.1% | |
| Max Drawdown | -37.6% | -56.5% | |
| Fund Family | Roundhill Investments | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2025 | May 15, 2000 |
AVGW vs IVV Performance
Roundhill AVGO WeeklyPay ETF (AVGW) is a ETF from Roundhill Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AVGW returned +4.72% while IVV returned +21.89%. Year to date, AVGW is down 13.74% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
AVGW has been the more volatile fund, with annualized monthly volatility of 54.6% 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 -37.6% for AVGW 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVGW charges 1.00% per year while IVV charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, AVGW currently yields 70.08% against 1.10% for IVV.
Holdings Overlap
AVGW and IVV share 1 holdings out of 506 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 AVGW | Weight in IVV | Difference |
|---|---|---|---|
| AVGO | 26.55% | 2.83% | 23.72% |
Frequently Asked Questions
Which is cheaper, AVGW or IVV?
AVGW has an expense ratio of 1.00% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, AVGW or IVV?
Over the past year AVGW returned +4.72% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), AVGW annualized +4.39% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AVGW or IVV?
AVGW has been the more volatile fund at 54.6% annualized versus 15.1% for IVV. Worst drawdown: AVGW -37.6% vs IVV -56.5%.
Should I hold both AVGW and IVV?
AVGW and IVV have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGW and IVV?
AVGW and IVV share 1 common holdings with a 2.8% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, AVGW or IVV?
AVGW yields 70.08% while IVV yields 1.10%, so AVGW currently pays the higher dividend yield.
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