IVV vs OCTW
iShares Core S&P 500 ETF vs AllianzIM US Equity Buffer20 Oct ETF
Which is better, IVV or OCTW?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | IVV | OCTW |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.74% |
| AUM | $882.6B | $317M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 15 |
| YTD Return | +14.90%Best | +8.61% |
| 1Y Return | +17.30%Best | +10.25% |
| 3Y Return (annualized) | +23.04%Best | +10.63% |
| 5Y Return (annualized) | +13.97%Best | +9.43% |
| Volatility (annualized) | 15.3% | 5.0%Best |
| Max Drawdown | -24.5% | -8.4%Best |
| $10,000 over 5 years | $19,229Best | $15,692 |
| Fund Family | iShares by BlackRock (US) | AllianzIM |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Sep 30, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2020 to Oct 9, 2026 (6 years).
IVV vs OCTW 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 6 years both funds cover.
IVV vs OCTW Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AllianzIM US Equity Buffer20 Oct ETF (OCTW) is an ETF from AllianzIM. Over the past year IVV returned +17.30% while OCTW returned +10.25%. Year to date, IVV is up 14.90% versus a gain of 8.61% for OCTW.
Over three years, IVV compounded at +23.04% per year against +10.63% for OCTW; over five years the annualized figures are +13.97% and +9.43% respectively. Across the full 6-year window we track, IVV has the edge at +16.46% annualized vs +9.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 5.0% for OCTW. 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 -24.5% for IVV and -8.4% for OCTW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OCTW 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 1.06% against 0.00% for OCTW.
You are not choosing between two funds in isolation.
Whichever of IVV and OCTW 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, IVV or OCTW?
IVV has an expense ratio of 0.03% while OCTW charges 0.74%. IVV is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, IVV or OCTW?
Over the past year IVV returned +17.30% vs +10.25% for OCTW, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +16.46% vs +9.18% for OCTW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OCTW?
IVV has been the more volatile fund at 15.3% annualized versus 5.0% for OCTW. Worst drawdown: IVV -24.5% vs OCTW -8.4%.
Should I hold both IVV and OCTW?
IVV and OCTW have a monthly-return correlation of 0.89, 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, IVV or OCTW?
IVV yields 1.06% while OCTW yields 0.00%, so IVV currently pays the higher dividend yield.
Is OCTW better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.