DBAW vs IVV
Xtrackers MSCI All World ex US Hedged Equity ETF vs iShares Core S&P 500 ETF
Which is better, DBAW or IVV?
Each has led over a different period.
IVV has a lower expense ratio. DBAW led over 1Y, IVV over 3Y, 5Y and the full window.
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 | DBAW | IVV |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $323M | $886.7B |
| Dividend Yield | 1.73% | 1.10% |
| Holdings | 1,782 | 508 |
| YTD Return | +15.99%Best | +13.86% |
| 1Y Return | +29.64%Best | +21.57% |
| 3Y Return (annualized) | +20.94% | +21.48%Best |
| 5Y Return (annualized) | +12.31% | +12.88%Best |
| Volatility (annualized) | 12.1%Best | 14.6% |
| Max Drawdown | -31.4%Best | -33.9% |
| $10,000 over 5 years | $17,869 | $18,327Best |
| Fund Family | Xtrackers ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 22, 2014 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2014 to Sep 3, 2026 (12.6 years).
DBAW 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 12.6 years both funds cover.
DBAW vs IVV Performance
Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) is an ETF from Xtrackers ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DBAW returned +29.64% while IVV returned +21.57%. Year to date, DBAW is up 15.99% versus a gain of 13.86% for IVV.
Over three years, DBAW compounded at +20.94% per year against +21.48% for IVV; over five years the annualized figures are +12.31% and +12.88% respectively. Across the full 13-year window we track, IVV has the edge at +13.05% annualized vs +7.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.1% for DBAW. 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 -31.4% for DBAW 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DBAW charges 0.40% per year while IVV charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, DBAW currently yields 1.73% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 1,751 holdings in DBAW and 505 in IVV, totalling 94.4% and 100.0% of the two funds. That is not enough of DBAW to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1,751 positions we hold weights for in DBAW and 505 in IVV, against full books of 1,782 and 508.
Top Shared Holdings
| Stock | Weight in DBAW | Weight in IVV | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.02% | 0.04% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of DBAW 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, DBAW or IVV?
DBAW has an expense ratio of 0.40% while IVV charges 0.03%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, DBAW or IVV?
Over the past year DBAW returned +29.64% vs +21.57% for IVV, so DBAW leads on 1-year performance. Over the longest common window we track (13 years), DBAW annualized +7.69% vs +13.05% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBAW or IVV?
IVV has been the more volatile fund at 14.6% annualized versus 12.1% for DBAW. Worst drawdown: DBAW -31.4% vs IVV -33.9%.
Should I hold both DBAW and IVV?
DBAW and IVV have a monthly-return correlation of 0.83, 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, DBAW or IVV?
DBAW yields 1.73% while IVV yields 1.10%, so DBAW currently pays the higher dividend yield.
Is IVV better than DBAW?
IVV has a lower expense ratio. DBAW led over 1Y, IVV over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.