IVV vs SAWS
iShares Core S&P 500 ETF vs AAM Sawgrass US Small Cap Quality Growth ETF
Which is better, IVV or SAWS?
Large Cap Blend against Small Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. SAWS is less concentrated, with 28.8% 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 | SAWS |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.55% |
| AUM | $886.7B | $8M |
| Dividend Yield | 1.10% | 0.02% |
| Holdings | 508 | 75 |
| YTD Return | +13.39%Best | +11.09% |
| 1Y Return | +20.08%Best | +11.21% |
| 3Y Return (annualized) | +21.29% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 12.1%Best | 18.4% |
| Max Drawdown | -18.8%Best | -22.0% |
| $10,000 over 2.1 years | $14,361Best | $12,368 |
| Top 10 Weight | 37.9% | 28.8%Best |
| Fund Family | iShares by BlackRock (US) | Advisors Asset Management, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small 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 4, 2026 (2.1 years).
IVV vs SAWS 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 SAWS Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is an ETF from Advisors Asset Management, Inc.. Over the past year IVV returned +20.08% while SAWS returned +11.21%. Year to date, IVV is up 13.39% versus a gain of 11.09% for SAWS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SAWS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 12.1% for IVV. 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 -22.0% for SAWS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SAWS charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.02% for SAWS.
Holdings Overlap
We hold position weights for 504 holdings in IVV and 73 in SAWS, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in IVV and 73 in SAWS, against full books of 508 and 75.
What only one of them owns
Our book lists 71 positions for SAWS that do not appear in our book for IVV (98.0% of the fund), and 493 for IVV that do not appear in SAWS (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and SAWS 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 SAWS?
IVV has an expense ratio of 0.03% while SAWS charges 0.55%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IVV or SAWS?
Over the past year IVV returned +20.08% vs +11.21% for SAWS, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.81% vs +10.65% for SAWS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SAWS?
SAWS has been the more volatile fund at 18.4% annualized versus 12.1% for IVV. Worst drawdown: IVV -18.8% vs SAWS -22.0%.
Should I hold both IVV and SAWS?
IVV and SAWS have a monthly-return correlation of 0.55, 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 SAWS?
IVV yields 1.10% while SAWS yields 0.02%, so IVV currently pays the higher dividend yield.
Is SAWS better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. SAWS is less concentrated, with 28.8% 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.