IVV vs MARW

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

MetricIVVMARWWinner
Expense Ratio0.03%0.74%
AUM$865.2B$87M
Dividend Yield1.09%0.00%
Holdings5085
YTD Return+14.50%+6.84%
1Y Return+22.02%+10.79%
3Y Return (annualized)+21.80%+11.11%
5Y Return (annualized)+13.37%-
Volatility (annualized)15.1%4.9%
Max Drawdown-56.5%-7.6%
Fund FamilyiShares by BlackRock (US)AllianzIM
CategoryEquityEquity
InceptionMay 15, 2000Feb 28, 2023

IVV vs MARW Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity Buffer20 Mar ETF (MARW) is a ETF from AllianzIM. Over the past year IVV returned +22.02% while MARW returned +10.79%. Year to date, IVV is up 14.50% versus a gain of 6.84% for MARW.

Over three years, IVV compounded at +21.80% per year against +11.11% for MARW. Across the full 4-year window we track, MARW has the edge at +11.78% 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 4.9% for MARW. 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 -7.6% for MARW. 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 0.94. 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 MARW 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 MARW.

Frequently Asked Questions

Which is cheaper, IVV or MARW?

IVV has an expense ratio of 0.03% while MARW 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 MARW?

Over the past year IVV returned +22.02% vs +10.79% for MARW, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.07% vs +11.78% for MARW. Past performance does not guarantee future results.

Which is riskier, IVV or MARW?

IVV has been the more volatile fund at 15.1% annualized versus 4.9% for MARW. Worst drawdown: IVV -56.5% vs MARW -7.6%.

Should I hold both IVV and MARW?

IVV and MARW have a monthly-return correlation of 0.94, 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 MARW?

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

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.