AVUS vs IVV
Avantis US Equity ETF vs iShares Core S&P 500 ETF
Which is better, AVUS or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. AVUS led over 1Y, 5Y and the full window, IVV over 3Y. The two have moved almost in lockstep, correlation 0.97. AVUS is less concentrated, with 28.3% 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 | AVUS | IVV |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $14.5B | $886.7B |
| Dividend Yield | 0.93% | 1.10% |
| Holdings | 1,875 | 508 |
| YTD Return | +17.21%Best | +13.39% |
| 1Y Return | +24.04%Best | +20.08% |
| 3Y Return (annualized) | +21.23% | +21.29%Best |
| 5Y Return (annualized) | +12.91%Best | +12.88% |
| Volatility (annualized) | 17.7% | 16.7%Best |
| Max Drawdown | -37.0% | -33.9%Best |
| $10,000 over 5 years | $18,351Best | $18,327 |
| Top 10 Weight | 28.3%Best | 37.9% |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2019 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 4, 2026 (6.9 years).
AVUS 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 6.9 years both funds cover.
AVUS vs IVV Performance
Avantis US Equity ETF (AVUS) 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 AVUS returned +24.04% while IVV returned +20.08%. Year to date, AVUS is up 17.21% versus a gain of 13.39% for IVV.
Over three years, AVUS compounded at +21.23% per year against +21.29% for IVV; over five years the annualized figures are +12.91% and +12.88% respectively. Across the full 7-year window we track, AVUS has the edge at +16.08% annualized vs +15.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVUS has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 16.7% 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 -37.0% for AVUS and -33.9% 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVUS 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, AVUS currently yields 0.93% against 1.10% for IVV.
Holdings Overlap
82.0% of AVUS's money is in holdings IVV also owns. 93.7% of IVV's money is in holdings AVUS also owns.
Most of IVV is already inside AVUS. Owning both mostly buys the same companies twice.
391 positions in common, counted across the 1,293 positions we hold weights for in AVUS and 505 in IVV, against full books of 1,875 and 508.
What only one of them owns
Our book lists 109 positions for IVV that do not appear in our book for AVUS (5.8% of the fund), and 521 for AVUS that do not appear in IVV (12.8%).
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 AVUS | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.43% | 7.98% | 2.55% |
| AAPLApple, Inc | 5.62% | 6.86% | 1.24% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.34% | 5.44% | 2.10% |
| AMZNAmazon.Com Inc | 3.19% | 4.01% | 0.82% |
| GOOGLAlphabet Inc.Class A | 1.95% | 3.19% | 1.24% |
| GOOGAlphabet Inc. C | 1.59% | 2.56% | 0.97% |
| AVGOBroadcom Inc | 1.15% | 2.98% | 1.83% |
| METAMeta Platform Inc | 2.15% | 1.94% | 0.21% |
| MUMicron Technology, Inc. | 2.41% | 1.51% | 0.90% |
| JPMJpmorgan Chase | 1.42% | 1.45% | 0.03% |
93.7% of IVV is already inside AVUS.
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, AVUS or IVV?
AVUS 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, AVUS or IVV?
Over the past year AVUS returned +24.04% vs +20.08% for IVV, so AVUS leads on 1-year performance. Over the longest common window we track (7 years), AVUS annualized +16.08% vs +15.98% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUS or IVV?
AVUS has been the more volatile fund at 17.7% annualized versus 16.7% for IVV. Worst drawdown: AVUS -37.0% vs IVV -33.9%.
Should I hold both AVUS and IVV?
AVUS and IVV have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVUS and IVV?
93.7% of IVV's money is in holdings AVUS also owns. 93.7% of IVV's is in holdings AVUS also owns. They hold 391 positions in common, counted across the 1,293 positions we hold weights for in AVUS and 505 in IVV.
Which pays a higher dividend, AVUS or IVV?
AVUS yields 0.93% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than AVUS?
IVV has a lower expense ratio. AVUS led over 1Y, 5Y and the full window, IVV over 3Y. The two have moved almost in lockstep, correlation 0.97. AVUS is less concentrated, with 28.3% 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.