IVV vs SIXJ

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVSIXJWinner
Expense Ratio0.03%0.74%
AUM$865.2B$145M
Dividend Yield1.09%0.00%
Holdings5085
YTD Return+14.50%+8.98%
1Y Return+22.02%+14.07%
3Y Return (annualized)+21.80%+14.26%
5Y Return (annualized)+13.37%-
Volatility (annualized)15.1%8.6%
Max Drawdown-56.5%-14.1%
Fund FamilyiShares by BlackRock (US)AllianzIM
CategoryEquityAlternative
InceptionMay 15, 2000Dec 31, 2021

IVV vs SIXJ Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity 6 Month Buffer10 Jan/Jul ETF (SIXJ) is a ETF from AllianzIM. Over the past year IVV returned +22.02% while SIXJ returned +14.07%. Year to date, IVV is up 14.50% versus a gain of 8.98% for SIXJ.

Over three years, IVV compounded at +21.80% per year against +14.26% for SIXJ. Across the full 5-year window we track, SIXJ has the edge at +8.95% annualized vs +7.07%. 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 8.6% for SIXJ. 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 -14.1% for SIXJ. 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 0.95. 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 SIXJ 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 SIXJ.

Frequently Asked Questions

Which is cheaper, IVV or SIXJ?

IVV has an expense ratio of 0.03% while SIXJ 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 SIXJ?

Over the past year IVV returned +22.02% vs +14.07% for SIXJ, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.07% vs +8.95% for SIXJ. Past performance does not guarantee future results.

Which is riskier, IVV or SIXJ?

IVV has been the more volatile fund at 15.1% annualized versus 8.6% for SIXJ. Worst drawdown: IVV -56.5% vs SIXJ -14.1%.

Should I hold both IVV and SIXJ?

IVV and SIXJ have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, IVV or SIXJ?

IVV yields 1.09% while SIXJ yields 0.00%, so IVV currently pays the higher dividend yield.

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