IVV vs SAWG
iShares Core S&P 500 ETF vs AAM Sawgrass US Large Cap Quality Growth ETF
Which is better, IVV or SAWG?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. SAWG is less concentrated, with 28.4% of the fund in its ten largest positions against 37.9%.
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 | SAWG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.49% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 0.25% |
| Holdings | 508 | 45 |
| YTD Return | +12.51%Best | +9.08% |
| 1Y Return | +17.57%Best | +12.18% |
| 3Y Return (annualized) | +21.27% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.2% | 12.0%Best |
| Max Drawdown | -18.8% | -18.7%Best |
| $10,000 over 2.1 years | $14,204Best | $12,747 |
| Top 10 Weight | 37.9% | 28.4%Best |
| Fund Family | iShares by BlackRock (US) | Advisors Asset Management, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jul 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 31, 2024 to Sep 11, 2026 (2.1 years).
IVV vs SAWG 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 2.1 years both funds cover.
IVV vs SAWG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is an ETF from Advisors Asset Management, Inc.. Over the past year IVV returned +17.57% while SAWG returned +12.18%. Year to date, IVV is up 12.51% versus a gain of 9.08% for SAWG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 12.0% 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 -18.8% for IVV and -18.7% for SAWG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 0.25% for SAWG.
Holdings Overlap
90.7% of IVV's money is in holdings SAWG also owns. 69.7% of SAWG's money is in holdings IVV also owns.
Most of IVV is already inside SAWG. Owning both mostly buys the same companies twice.
383 positions in common, counted across the 505 positions we hold weights for in IVV and 1,155 in SAWG, against full books of 508 and 45.
What only one of them owns
Our book lists 81 positions for SAWG that do not appear in our book for IVV (3.1% of the fund), and 114 for IVV that do not appear in SAWG (8.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SAWG | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 6.07% | 1.91% |
| AAPLApple, Inc | 6.86% | 5.24% | 1.62% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 3.96% | 1.48% |
| AMZNAmazon.Com Inc | 4.01% | 2.96% | 1.05% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 2.34% | 0.85% |
| AVGOBroadcom Inc | 2.98% | 2.06% | 0.92% |
| GOOGAlphabet Inc | 2.56% | 1.85% | 0.71% |
| METAMeta Platforms, Inc. | 1.94% | 1.46% | 0.48% |
| MUMicron Technology, Inc. | 1.51% | 1.33% | 0.18% |
| JPMJpmorgan Chase & Co. | 1.45% | 1.13% | 0.32% |
90.7% of IVV is already inside SAWG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $46 a year on a $10,000 investment.
Which performed better, IVV or SAWG?
Over the past year IVV returned +17.57% vs +12.18% for SAWG, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.19% vs +12.25% for SAWG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SAWG?
IVV has been the more volatile fund at 12.2% annualized versus 12.0% for SAWG. Worst drawdown: IVV -18.8% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and SAWG?
90.7% of IVV's money is in holdings SAWG also owns. 69.7% of SAWG's is in holdings IVV also owns. They hold 383 positions in common, counted across the 505 positions we hold weights for in IVV and 1,155 in SAWG.
Which pays a higher dividend, IVV or SAWG?
IVV yields 1.06% while SAWG yields 0.25%, so IVV currently pays the higher dividend yield.
Is SAWG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. SAWG is less concentrated, with 28.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.