IVV vs OCTW
iShares Core S&P 500 ETF vs AllianzIM US Equity Buffer20 Oct ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | OCTW | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.74% | |
| AUM | $865.2B | $320M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.72% | +6.56% | |
| 1Y Return | +21.64% | +10.09% | |
| 3Y Return (annualized) | +21.55% | +10.66% | |
| 5Y Return (annualized) | +13.27% | +9.11% | |
| Volatility (annualized) | 15.1% | 5.1% | |
| Max Drawdown | -56.5% | -8.4% | |
| Fund Family | iShares by BlackRock (US) | AllianzIM | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 30, 2020 |
IVV vs OCTW Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity Buffer20 Oct ETF (OCTW) is a ETF from AllianzIM. Over the past year IVV returned +21.64% while OCTW returned +10.09%. Year to date, IVV is up 13.72% versus a gain of 6.56% for OCTW.
Over three years, IVV compounded at +21.55% per year against +10.66% for OCTW; over five years the annualized figures are +13.27% and +9.11% respectively. Across the full 6-year window we track, OCTW has the edge at +9.09% annualized vs +7.04%. 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 5.1% 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 -56.5% for IVV and -8.4% for OCTW. 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 0.89. 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 1.09% against 0.00% for OCTW.
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. On a $10,000 investment, that is $71 per year of difference.
Which performed better, IVV or OCTW?
Over the past year IVV returned +21.64% vs +10.09% for OCTW, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.04% vs +9.09% for OCTW. Past performance does not guarantee future results.
Which is riskier, IVV or OCTW?
IVV has been the more volatile fund at 15.1% annualized versus 5.1% for OCTW. Worst drawdown: IVV -56.5% vs OCTW -8.4%.
Should I hold both IVV and OCTW?
IVV and OCTW have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or OCTW?
IVV yields 1.09% while OCTW yields 0.00%, so IVV currently pays the higher dividend yield.
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