IVV vs JANW

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVJANWWinner
Expense Ratio0.03%0.74%
AUM$865.2B$346M
Dividend Yield1.09%0.00%
Holdings5085
YTD Return+14.50%+6.25%
1Y Return+22.02%+10.42%
3Y Return (annualized)+21.80%+10.66%
5Y Return (annualized)+13.37%+8.37%
Volatility (annualized)15.1%5.7%
Max Drawdown-56.5%-9.7%
Fund FamilyiShares by BlackRock (US)AllianzIM
CategoryEquityAlternative
InceptionMay 15, 2000Dec 31, 2020

IVV vs JANW Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity Buffer20 Jan ETF (JANW) is a ETF from AllianzIM. Over the past year IVV returned +22.02% while JANW returned +10.42%. Year to date, IVV is up 14.50% versus a gain of 6.25% for JANW.

Over three years, IVV compounded at +21.80% per year against +10.66% for JANW; over five years the annualized figures are +13.37% and +8.37% respectively. Across the full 6-year window we track, JANW has the edge at +8.53% annualized vs +7.07%. 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 5.7% for JANW. 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 -56.5% for IVV and -9.7% for JANW. 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while JANW charges 0.74%. On a $10,000 position that is $3 vs $74 annually, a gap of $71 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for JANW.

Frequently Asked Questions

Which is cheaper, IVV or JANW?

IVV has an expense ratio of 0.03% while JANW charges 0.74%. IVV is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, IVV or JANW?

Over the past year IVV returned +22.02% vs +10.42% for JANW, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.07% vs +8.53% for JANW. Past performance does not guarantee future results.

Which is riskier, IVV or JANW?

IVV has been the more volatile fund at 15.1% annualized versus 5.7% for JANW. Worst drawdown: IVV -56.5% vs JANW -9.7%.

Should I hold both IVV and JANW?

IVV and JANW have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, IVV or JANW?

IVV yields 1.09% while JANW yields 0.00%, so IVV currently pays the higher dividend yield.

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