HVAC vs IVV
AdvisorShares HVAC and Industrials 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 508 holdings.
Side-by-Side Comparison
| Metric | HVAC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.03% | |
| AUM | $15M | $907.0B | |
| Dividend Yield | 0.17% | 1.10% | |
| Holdings | 22 | 508 | |
| YTD Return | +7.01% | +12.28% | |
| 1Y Return | +14.39% | +20.94% | |
| 3Y Return (annualized) | - | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 28.8% | 15.1% | |
| Max Drawdown | -24.7% | -56.5% | |
| Fund Family | AdvisorShares Trust | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 3, 2025 | May 15, 2000 |
HVAC vs IVV Performance
AdvisorShares HVAC and Industrials ETF (HVAC) is a ETF from AdvisorShares Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HVAC returned +14.39% while IVV returned +20.94%. Year to date, HVAC is up 7.01% versus a gain of 12.28% for IVV.
Risk: Volatility and Drawdowns
HVAC has been the more volatile fund, with annualized monthly volatility of 28.8% 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 -24.7% for HVAC 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HVAC charges 1.00% per year while IVV charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, HVAC currently yields 0.17% against 1.10% for IVV.
Holdings Overlap
HVAC and IVV share 12 holdings out of 514 unique holdings combined, representing a 2.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HVAC or IVV?
HVAC has an expense ratio of 1.00% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, HVAC or IVV?
Over the past year HVAC returned +14.39% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), HVAC annualized +22.86% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, HVAC or IVV?
HVAC has been the more volatile fund at 28.8% annualized versus 15.1% for IVV. Worst drawdown: HVAC -24.7% vs IVV -56.5%.
Should I hold both HVAC and IVV?
HVAC and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HVAC and IVV?
HVAC and IVV share 12 common holdings with a 2.2% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, HVAC or IVV?
HVAC yields 0.17% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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