AVIG vs IVV
Avantis Core Fixed Income ETF vs iShares Core S&P 500 ETF
Which is better, AVIG or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. AVIG is less concentrated, with 13.3% of the fund in its ten largest positions against 37.9%.
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 | AVIG | IVV |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $2.0B | $876.4B |
| Dividend Yield | 4.40% | 1.06% |
| Holdings | 866 | 508 |
| YTD Return | -2.11% | +12.51%Best |
| 1Y Return | -1.57% | +17.57%Best |
| 3Y Return (annualized) | +4.18% | +21.27%Best |
| 5Y Return (annualized) | -0.65% | +12.95%Best |
| Volatility (annualized) | 6.5%Best | 15.4% |
| Max Drawdown | -19.7%Best | -24.5% |
| $10,000 over 5 years | $9,679 | $18,384Best |
| Top 10 Weight | 13.3%Best | 37.9% |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Oct 13, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Oct 15, 2020 to Sep 11, 2026 (5.9 years).
AVIG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AVIG vs IVV Performance
Avantis Core Fixed Income ETF (AVIG) 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 AVIG returned -1.57% while IVV returned +17.57%. Year to date, AVIG is down 2.11% versus a gain of 12.51% for IVV.
Over three years, AVIG compounded at +4.18% per year against +21.27% for IVV; over five years the annualized figures are -0.65% and +12.95% respectively. Across the full 6-year window we track, IVV has the edge at +15.79% annualized vs -0.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 6.5% for AVIG. 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 -19.7% for AVIG 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVIG charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, AVIG currently yields 4.40% against 1.06% for IVV.
Holdings Overlap
0.1% of AVIG's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings AVIG also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 759 positions we hold weights for in AVIG and 505 in IVV, against full books of 866 and 508.
What only one of them owns
Our book lists 483 positions for IVV that do not appear in our book for AVIG (99.2% of the fund), and 738 for AVIG that do not appear in IVV (102.5%).
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 AVIG | Weight in IVV | Difference |
|---|---|---|---|
| AONAon Plc | 0.07% | 0.12% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of AVIG 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, AVIG or IVV?
AVIG has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AVIG or IVV?
Over the past year AVIG returned -1.57% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.55% vs +15.79% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or IVV?
IVV has been the more volatile fund at 15.4% annualized versus 6.5% for AVIG. Worst drawdown: AVIG -19.7% vs IVV -24.5%.
Should I hold both AVIG and IVV?
AVIG and IVV have a monthly-return correlation of 0.63, 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, AVIG or IVV?
AVIG yields 4.40% while IVV yields 1.06%, so AVIG currently pays the higher dividend yield.
Is IVV better than AVIG?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. AVIG is less concentrated, with 13.3% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.