IVV vs SAWS
iShares Core S&P 500 ETF vs AAM Sawgrass US Small Cap Quality Growth 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 | SAWS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.55% | |
| AUM | $865.2B | $8M | |
| Dividend Yield | 1.09% | 0.02% | |
| Holdings | 508 | 72 | |
| YTD Return | +13.43% | +15.23% | |
| 1Y Return | +22.61% | +22.18% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 18.4% | |
| Max Drawdown | -56.5% | -22.0% | |
| Fund Family | iShares by BlackRock (US) | Advisors Asset Management, Inc. | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 30, 2024 |
IVV vs SAWS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc.. Over the past year IVV returned +22.61% while SAWS returned +22.18%. Year to date, IVV is up 13.43% versus a gain of 15.23% for SAWS.
Risk: Volatility and Drawdowns
SAWS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 15.1% 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 -56.5% for IVV and -22.0% for SAWS. 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.09% against 0.02% for SAWS.
Holdings Overlap
IVV and SAWS share 1 holdings out of 575 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SAWS | Difference |
|---|---|---|---|
| NUVL | 0.62% | 0.53% | 0.09% |
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. On a $10,000 investment, that is $52 per year of difference.
Which performed better, IVV or SAWS?
Over the past year IVV returned +22.61% vs +22.18% for SAWS, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.03% vs +13.04% for SAWS. Past performance does not guarantee future results.
Which is riskier, IVV or SAWS?
SAWS has been the more volatile fund at 18.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SAWS -22.0%.
Should I hold both IVV and SAWS?
IVV and SAWS have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SAWS?
IVV and SAWS share 1 common holdings with a 0.5% weight overlap. Combined, they hold 575 unique securities.
Which pays a higher dividend, IVV or SAWS?
IVV yields 1.09% while SAWS yields 0.02%, so IVV currently pays the higher dividend yield.
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