DWAW vs IVV
Advisorshares Dorsey Wright Fsm All Cap World Etf vs iShares Core S&P 500 ETF
Which is better, DWAW or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. DWAW 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 | DWAW | IVV |
|---|---|---|
| Expense Ratio | 1.23% | 0.03%Best |
| AUM | $93M | $886.7B |
| Dividend Yield | 0.68% | 1.10% |
| Holdings | 7 | 508 |
| YTD Return | +15.12%Best | +13.39% |
| 1Y Return | +22.51%Best | +20.08% |
| 3Y Return (annualized) | +18.11% | +21.29%Best |
| 5Y Return (annualized) | +7.48% | +12.88%Best |
| Volatility (annualized) | 18.7% | 16.9%Best |
| Max Drawdown | -31.6%Best | -33.9% |
| $10,000 over 5 years | $14,343 | $18,327Best |
| Top 10 Weight | - | 37.9% |
| Fund Family | Advisor Shares | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Dec 26, 2019 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2019 to Sep 4, 2026 (6.7 years).
DWAW 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 6.7 years both funds cover.
DWAW vs IVV Performance
Advisorshares Dorsey Wright Fsm All Cap World Etf (DWAW) is an ETF from Advisor Shares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DWAW returned +22.51% while IVV returned +20.08%. Year to date, DWAW is up 15.12% versus a gain of 13.39% for IVV.
Over three years, DWAW compounded at +18.11% per year against +21.29% for IVV; over five years the annualized figures are +7.48% and +12.88% respectively. Across the full 7-year window we track, IVV has the edge at +15.20% annualized vs +12.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWAW has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 16.9% 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 -31.6% for DWAW 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWAW charges 1.23% per year while IVV charges 0.03%. On a $10,000 position that is $123 vs $3 annually, a gap of $120 per year that compounds over a long holding period. On income, DWAW currently yields 0.68% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 6 holdings in DWAW and 505 in IVV, totalling 100.1% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 6 positions we hold weights for in DWAW and 505 in IVV, against full books of 7 and 508.
What only one of them owns
Our book lists 497 positions for IVV that do not appear in our book for DWAW (99.3% of the fund), and 6 for DWAW that do not appear in IVV (100.1%).
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.
You are not choosing between two funds in isolation.
Whichever of DWAW 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, DWAW or IVV?
DWAW has an expense ratio of 1.23% while IVV charges 0.03%. IVV is the cheaper option, by $120 a year on a $10,000 investment.
Which performed better, DWAW or IVV?
Over the past year DWAW returned +22.51% vs +20.08% for IVV, so DWAW leads on 1-year performance. Over the longest common window we track (7 years), DWAW annualized +12.00% vs +15.20% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWAW or IVV?
DWAW has been the more volatile fund at 18.7% annualized versus 16.9% for IVV. Worst drawdown: DWAW -31.6% vs IVV -33.9%.
Should I hold both DWAW and IVV?
DWAW and IVV have a monthly-return correlation of 0.88, 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, DWAW or IVV?
DWAW yields 0.68% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than DWAW?
IVV has a lower expense ratio. DWAW 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.