DWAW vs IVV
Advisorshares Dorsey Wright Fsm All Cap World Etf vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DWAW delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | DWAW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.23% | 0.03% | |
| AUM | $95M | $907.0B | |
| Dividend Yield | 0.68% | 1.10% | |
| Holdings | 7 | 508 | |
| YTD Return | +16.36% | +14.29% | |
| 1Y Return | +22.88% | +21.79% | |
| 3Y Return (annualized) | +19.50% | +22.19% | |
| 5Y Return (annualized) | +8.14% | +13.28% | |
| Volatility (annualized) | 18.9% | 15.1% | |
| Max Drawdown | -31.6% | -56.5% | |
| Fund Family | Advisor Shares | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 26, 2019 | May 15, 2000 |
DWAW vs IVV Performance
Advisorshares Dorsey Wright Fsm All Cap World Etf (DWAW) is a ETF from Advisor Shares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DWAW returned +22.88% while IVV returned +21.79%. Year to date, DWAW is up 16.36% versus a gain of 14.29% for IVV.
Over three years, DWAW compounded at +19.50% per year against +22.19% for IVV; over five years the annualized figures are +8.14% and +13.28% respectively. Across the full 7-year window we track, DWAW has the edge at +12.29% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWAW has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -31.6% for DWAW 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 0.88. 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
DWAW and IVV share 0 holdings out of 511 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $120 per year of difference.
Which performed better, DWAW or IVV?
Over the past year DWAW returned +22.88% vs +21.79% for IVV, so DWAW leads on 1-year performance. Over the longest common window we track (7 years), DWAW annualized +12.29% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, DWAW or IVV?
DWAW has been the more volatile fund at 18.9% annualized versus 15.1% for IVV. Worst drawdown: DWAW -31.6% vs IVV -56.5%.
Should I hold both DWAW and IVV?
DWAW and IVV have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DWAW and IVV?
DWAW and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.
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.
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