AZTD vs IVV

AZTD 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

MetricAZTDIVVWinner
Expense Ratio0.75%0.03%
AUM$40M$907.0B
Dividend Yield0.93%1.10%
Holdings55508
YTD Return+12.65%+12.28%
1Y Return+16.24%+20.94%
3Y Return (annualized)+17.34%+21.81%
5Y Return (annualized)-+13.05%
Volatility (annualized)16.7%15.1%
Max Drawdown-16.8%-56.5%
Fund FamilyAztlan Equity Management, LLCiShares by BlackRock (US)
CategoryEquityEquity
InceptionAug 17, 2022May 15, 2000

AZTD vs IVV Performance

Aztlan Global Stock Selection DM SMID ETF (AZTD) is a ETF from Aztlan Equity Management, LLC and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AZTD returned +16.24% while IVV returned +20.94%. Year to date, AZTD is up 12.65% versus a gain of 12.28% for IVV.

Over three years, AZTD compounded at +17.34% per year against +21.81% for IVV. Across the full 4-year window we track, AZTD has the edge at +13.41% annualized vs +6.98%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AZTD has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -16.8% for AZTD 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AZTD charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, AZTD currently yields 0.93% against 1.10% for IVV.

Holdings Overlap

0.1%overlap

AZTD and IVV share 2 holdings out of 554 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AZTDWeight in IVVDifference
DVA2.95%0.01%2.94%
LITE1.63%0.10%1.53%

Frequently Asked Questions

Which is cheaper, AZTD or IVV?

AZTD has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.

Which performed better, AZTD or IVV?

Over the past year AZTD returned +16.24% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), AZTD annualized +13.41% vs +6.98% for IVV. Past performance does not guarantee future results.

Which is riskier, AZTD or IVV?

AZTD has been the more volatile fund at 16.7% annualized versus 15.1% for IVV. Worst drawdown: AZTD -16.8% vs IVV -56.5%.

Should I hold both AZTD and IVV?

AZTD and IVV have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AZTD and IVV?

AZTD and IVV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 554 unique securities.

Which pays a higher dividend, AZTD or IVV?

AZTD yields 0.93% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.

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