IVV vs SIXP
iShares Core S&P 500 ETF vs AllianzIM US Equity 6 Month Buffer10 Mar/Sep 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 | SIXP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.74% | |
| AUM | $865.2B | $44M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +14.50% | +8.88% | |
| 1Y Return | +22.02% | +14.36% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 6.0% | |
| Max Drawdown | -56.5% | -11.3% | |
| Fund Family | iShares by BlackRock (US) | AllianzIM | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Feb 29, 2024 |
IVV vs SIXP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) is a ETF from AllianzIM. Over the past year IVV returned +22.02% while SIXP returned +14.36%. Year to date, IVV is up 14.50% versus a gain of 8.88% for SIXP.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.0% for SIXP. 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 -11.3% for SIXP. 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 0.97. 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 SIXP 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 SIXP.
Frequently Asked Questions
Which is cheaper, IVV or SIXP?
IVV has an expense ratio of 0.03% while SIXP 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 SIXP?
Over the past year IVV returned +22.02% vs +14.36% for SIXP, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.07% vs +13.61% for SIXP. Past performance does not guarantee future results.
Which is riskier, IVV or SIXP?
IVV has been the more volatile fund at 15.1% annualized versus 6.0% for SIXP. Worst drawdown: IVV -56.5% vs SIXP -11.3%.
Should I hold both IVV and SIXP?
IVV and SIXP have a monthly-return correlation of 0.97, 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 SIXP?
IVV yields 1.09% while SIXP yields 0.00%, so IVV currently pays the higher dividend yield.
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