IVV vs SAWG
iShares Core S&P 500 ETF vs AAM Sawgrass US Large Cap Quality Growth 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 | IVV | SAWG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $907.0B | $3M | |
| Dividend Yield | 1.10% | 0.25% | |
| Holdings | 508 | 45 | |
| YTD Return | +12.71% | +10.05% | |
| 1Y Return | +21.89% | +16.89% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 12.2% | |
| Max Drawdown | -56.5% | -18.7% | |
| Fund Family | iShares by BlackRock (US) | Advisors Asset Management, Inc. | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 30, 2024 |
IVV vs SAWG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is a ETF from Advisors Asset Management, Inc.. Over the past year IVV returned +21.89% while SAWG returned +16.89%. Year to date, IVV is up 12.71% versus a gain of 10.05% for SAWG.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.2% for SAWG. 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 -18.7% for SAWG. 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 0.97. 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 SAWG charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.25% for SAWG.
Holdings Overlap
IVV and SAWG share 40 holdings out of 509 unique holdings combined, representing a 37.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SAWG?
IVV has an expense ratio of 0.03% while SAWG charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or SAWG?
Over the past year IVV returned +21.89% vs +16.89% for SAWG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +13.10% for SAWG. Past performance does not guarantee future results.
Which is riskier, IVV or SAWG?
IVV has been the more volatile fund at 15.1% annualized versus 12.2% for SAWG. Worst drawdown: IVV -56.5% vs SAWG -18.7%.
Should I hold both IVV and SAWG?
IVV and SAWG have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and SAWG?
IVV and SAWG share 40 common holdings with a 37.7% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or SAWG?
IVV yields 1.10% while SAWG yields 0.25%, so IVV currently pays the higher dividend yield.
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