AVMC vs IVV
Avantis US Mid Cap Equity ETF vs iShares Core S&P 500 ETF
Which is better, AVMC or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. AVMC is less concentrated, with 6.1% 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 | AVMC | IVV |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $499M | $886.7B |
| Dividend Yield | 0.95% | 1.10% |
| Holdings | 606 | 508 |
| YTD Return | +12.62% | +13.39%Best |
| 1Y Return | +16.33% | +20.08%Best |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 14.0% | 11.7%Best |
| Max Drawdown | -21.8% | -18.8%Best |
| $10,000 over 2.8 years | $16,849 | $18,321Best |
| Top 10 Weight | 6.1%Best | 37.9% |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Nov 7, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 4, 2026 (2.8 years).
AVMC 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 2.8 years both funds cover.
AVMC vs IVV Performance
Avantis US Mid Cap Equity ETF (AVMC) 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 AVMC returned +16.33% while IVV returned +20.08%. Year to date, AVMC is up 12.62% versus a gain of 13.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVMC has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 11.7% 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 -21.8% for AVMC and -18.8% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMC charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, AVMC currently yields 0.95% against 1.10% for IVV.
Holdings Overlap
63.4% of AVMC's money is in holdings IVV also owns. 11.0% of IVV's money is in holdings AVMC also owns.
The two portfolios partly overlap.
246 positions in common, counted across the 595 positions we hold weights for in AVMC and 505 in IVV, against full books of 606 and 508.
What only one of them owns
Our book lists 255 positions for IVV that do not appear in our book for AVMC (88.4% of the fund), and 324 for AVMC that do not appear in IVV (33.1%).
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 AVMC | Weight in IVV | Difference |
|---|---|---|---|
| WDCWestern Digital Corp Company Guar 11/28 3 | 0.92% | 0.27% | 0.65% |
| DVNDevon Energy Corporation | 0.65% | 0.07% | 0.58% |
| DALDl Co., Ltd. | 0.61% | 0.09% | 0.52% |
| NUENucor Corp. | 0.60% | 0.09% | 0.51% |
| TERTeradyne Inc - Common | 0.57% | 0.09% | 0.48% |
| STTState Street Corp. | 0.57% | 0.08% | 0.49% |
| CIENCiena Corp | 0.54% | 0.09% | 0.45% |
| FIXComfort Systems USA Inc. | 0.54% | 0.09% | 0.45% |
| AMPAmeriprise Financial Inc | 0.54% | 0.08% | 0.46% |
| FLEXFlex Ltd. Ordinary Shares | 0.54% | 0.07% | 0.47% |
63.4% of AVMC is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVMC or IVV?
AVMC has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVMC or IVV?
Over the past year AVMC returned +16.33% vs +20.08% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVMC or IVV?
AVMC has been the more volatile fund at 14.0% annualized versus 11.7% for IVV. Worst drawdown: AVMC -21.8% vs IVV -18.8%.
Should I hold both AVMC and IVV?
AVMC and IVV have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AVMC and IVV?
63.4% of AVMC's money is in holdings IVV also owns. 11.0% of IVV's is in holdings AVMC also owns. They hold 246 positions in common, counted across the 595 positions we hold weights for in AVMC and 505 in IVV.
Which pays a higher dividend, AVMC or IVV?
AVMC yields 0.95% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than AVMC?
IVV has a lower expense ratio. IVV led over 1Y and the full window. AVMC is less concentrated, with 6.1% 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.