IVV vs SIXO
iShares Core S&P 500 ETF vs AllianzIM US Equity 6 Month Buffer10 Apr/Oct 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 | SIXO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.74% | |
| AUM | $907.0B | $118M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.22% | +4.61% | |
| 1Y Return | +21.62% | +8.11% | |
| 3Y Return (annualized) | +22.17% | +9.52% | |
| 5Y Return (annualized) | +13.42% | +7.84% | |
| Volatility (annualized) | 15.1% | 8.6% | |
| Max Drawdown | -56.5% | -12.0% | |
| Fund Family | iShares by BlackRock (US) | AllianzIM | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 30, 2021 |
IVV vs SIXO Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity 6 Month Buffer10 Apr/Oct ETF (SIXO) is a ETF from AllianzIM. Over the past year IVV returned +21.62% while SIXO returned +8.11%. Year to date, IVV is up 13.22% versus a gain of 4.61% for SIXO.
Over three years, IVV compounded at +22.17% per year against +9.52% for SIXO; over five years the annualized figures are +13.42% and +7.84% respectively. Across the full 5-year window we track, SIXO has the edge at +7.84% annualized vs +7.02%. 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 SIXO. 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 -12.0% for SIXO. 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 0.94. 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 SIXO 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 1.10% against 0.00% for SIXO.
Frequently Asked Questions
Which is cheaper, IVV or SIXO?
IVV has an expense ratio of 0.03% while SIXO 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 SIXO?
Over the past year IVV returned +21.62% vs +8.11% for SIXO, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.02% vs +7.84% for SIXO. Past performance does not guarantee future results.
Which is riskier, IVV or SIXO?
IVV has been the more volatile fund at 15.1% annualized versus 8.6% for SIXO. Worst drawdown: IVV -56.5% vs SIXO -12.0%.
Should I hold both IVV and SIXO?
IVV and SIXO have a monthly-return correlation of 0.94, 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 SIXO?
IVV yields 1.10% while SIXO yields 0.00%, so IVV currently pays the higher dividend yield.
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