AVSF vs IVV

AVSF vs IVV
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Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricAVSFIVVWinner
Expense Ratio0.15%0.03%
AUM$652M$907.0B
Dividend Yield4.37%1.10%
Holdings501508
YTD Return+1.02%+12.28%
1Y Return+4.33%+20.94%
3Y Return (annualized)+2.84%+21.81%
5Y Return (annualized)-+13.05%
Volatility (annualized)2.9%15.1%
Max Drawdown-8.8%-56.5%
Fund FamilyAvantis InvestorsiShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionOct 14, 2020May 15, 2000

AVSF vs IVV Performance

Avantis Short-Term Fixed Income ETF (AVSF) 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 AVSF returned +4.33% while IVV returned +20.94%. Year to date, AVSF is up 1.02% versus a gain of 12.28% for IVV.

Over three years, AVSF compounded at +2.84% per year against +21.81% for IVV. Across the full 5-year window we track, IVV has the edge at +6.98% annualized vs +0.78%. 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 2.9% for AVSF. 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 -8.8% for AVSF 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AVSF 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, AVSF currently yields 4.37% against 1.10% for IVV.

Holdings Overlap

0.2%overlap

AVSF and IVV share 2 holdings out of 969 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AVSFWeight in IVVDifference
TMUS0.12%0.14%0.02%
KDP0.08%0.06%0.02%

Frequently Asked Questions

Which is cheaper, AVSF or IVV?

AVSF has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, AVSF or IVV?

Over the past year AVSF returned +4.33% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), AVSF annualized +0.78% vs +6.98% for IVV. Past performance does not guarantee future results.

Which is riskier, AVSF or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 2.9% for AVSF. Worst drawdown: AVSF -8.8% vs IVV -56.5%.

Should I hold both AVSF and IVV?

AVSF and IVV have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AVSF and IVV?

AVSF and IVV share 2 common holdings with a 0.2% weight overlap. Combined, they hold 969 unique securities.

Which pays a higher dividend, AVSF or IVV?

AVSF yields 4.37% while IVV yields 1.10%, so AVSF currently pays the higher dividend yield.

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