FLAO vs IVV
AllianzIM US Equity 6 Month Floor5 Apr/Oct ETF vs iShares Core S&P 500 ETF
Which is better, FLAO or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y 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 | FLAO | IVV |
|---|---|---|
| Expense Ratio | 0.74% | 0.03%Best |
| AUM | $9M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 4 | 508 |
| YTD Return | +0.93% | +12.39%Best |
| 1Y Return | +2.76% | +16.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 6.7%Best | 11.8% |
| Max Drawdown | -10.1%Best | -18.8% |
| $10,000 over 2.5 years | $11,506 | $15,129Best |
| Fund Family | AllianzIM | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Mar 28, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 1, 2024 to Sep 18, 2026 (2.5 years).
FLAO 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 2.5 years both funds cover.
FLAO vs IVV Performance
AllianzIM US Equity 6 Month Floor5 Apr/Oct ETF (FLAO) is an ETF from AllianzIM and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FLAO returned +2.76% while IVV returned +16.61%. Year to date, FLAO is up 0.93% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 6.7% for FLAO. 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 -10.1% for FLAO and -18.8% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLAO charges 0.74% per year while IVV charges 0.03%. On a $10,000 position that is $74 vs $3 annually, a gap of $71 per year that compounds over a long holding period. On income, FLAO currently yields 0.00% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of FLAO 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, FLAO or IVV?
FLAO has an expense ratio of 0.74% while IVV charges 0.03%. IVV is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, FLAO or IVV?
Over the past year FLAO returned +2.76% vs +16.61% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLAO or IVV?
IVV has been the more volatile fund at 11.8% annualized versus 6.7% for FLAO. Worst drawdown: FLAO -10.1% vs IVV -18.8%.
Should I hold both FLAO and IVV?
FLAO and IVV have a monthly-return correlation of 0.84, 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, FLAO or IVV?
FLAO yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FLAO?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.