DWAT vs IVV
Arrow DWA Tactical ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DWAT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.83% | 0.03% | |
| AUM | $2M | $865.2B | |
| Dividend Yield | 10.89% | 1.09% | |
| Holdings | 12 | 508 | |
| YTD Return | -4.04% | +13.72% | |
| 1Y Return | +0.06% | +21.64% | |
| 3Y Return (annualized) | +0.81% | +21.55% | |
| 5Y Return (annualized) | +8.05% | +13.27% | |
| Volatility (annualized) | 12.8% | 15.1% | |
| Max Drawdown | -34.7% | -56.5% | |
| Fund Family | Arrow Investment Trust | iShares by BlackRock (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Oct 1, 2014 | May 15, 2000 |
DWAT vs IVV Performance
Arrow DWA Tactical ETF (DWAT) is a ETF from Arrow Investment Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DWAT returned +0.06% while IVV returned +21.64%. Year to date, DWAT is down 4.04% versus a gain of 13.72% for IVV.
Over three years, DWAT compounded at +0.81% per year against +21.55% for IVV; over five years the annualized figures are +8.05% and +13.27% respectively. Across the full 11-year window we track, IVV has the edge at +7.04% annualized vs +4.84%. 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 12.8% for DWAT. 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 -34.7% for DWAT 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWAT charges 1.83% per year while IVV charges 0.03%. On a $10,000 position that is $183 vs $3 annually, a gap of $180 per year that compounds over a long holding period. On income, DWAT currently yields 10.89% against 1.09% for IVV.
Frequently Asked Questions
Which is cheaper, DWAT or IVV?
DWAT has an expense ratio of 1.83% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $180 per year of difference.
Which performed better, DWAT or IVV?
Over the past year DWAT returned +0.06% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), DWAT annualized +4.84% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, DWAT or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.8% for DWAT. Worst drawdown: DWAT -34.7% vs IVV -56.5%.
Should I hold both DWAT and IVV?
DWAT and IVV have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, DWAT or IVV?
DWAT yields 10.89% while IVV yields 1.09%, so DWAT currently pays the higher dividend yield.
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