AGQI vs IVV
First Trust Active Global Quality Income ETF vs iShares Core S&P 500 ETF
Which is better, AGQI or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 45.4%.
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 | AGQI | IVV |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $53M | $896.5B |
| Dividend Yield | 1.69% | 1.10% |
| Holdings | 77 | 508 |
| YTD Return | +9.21% | +13.59%Best |
| 1Y Return | +13.72% | +17.54%Best |
| 3Y Return (annualized) | +15.39% | +22.46%Best |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 9.7%Best | 11.6% |
| Max Drawdown | -14.1%Best | -18.8% |
| $10,000 over 2.9 years | $15,146 | $17,657Best |
| Top 10 Weight | 45.4% | 38.9%Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2015 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 21, 2023 to Oct 14, 2026 (2.9 years).
AGQI vs IVV 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 2.9 years both funds cover.
AGQI vs IVV Performance
First Trust Active Global Quality Income ETF (AGQI) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AGQI returned +13.72% while IVV returned +17.54%. Year to date, AGQI is up 9.21% versus a gain of 13.59% for IVV.
Over three years, AGQI compounded at +15.39% per year against +22.46% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 9.7% for AGQI. 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 -14.1% for AGQI and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AGQI charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, AGQI currently yields 1.69% against 1.10% for IVV.
Holdings Overlap
41.6% of AGQI's money is in holdings IVV also owns. 11.9% of IVV's money is in holdings AGQI also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 29 positions we hold weights for in AGQI and 506 in IVV, against full books of 77 and 508.
What only one of them owns
Our book lists 488 positions for IVV that do not appear in our book for AGQI (87.6% of the fund), and 1 for AGQI that do not appear in IVV (2.5%).
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.
Top Shared Holdings
| Stock | Weight in AGQI | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.96% | 5.76% | 0.20% |
| GOOGAlphabet Inc. C | 3.91% | 2.41% | 1.50% |
| EOGEog Resources Inc | 5.43% | 0.11% | 5.32% |
| BACBank of America Corp.: Financials | 4.58% | 0.53% | 4.05% |
| JNJJohnson & Johnson - Common | 3.66% | 0.94% | 2.72% |
| ABBVAbbvie Inc. | 3.65% | 0.69% | 2.96% |
| KOCoca Cola Co. | 3.76% | 0.50% | 3.26% |
| PNCPnc Financial Services Group Inc. | 3.10% | 0.13% | 2.97% |
| HDHome Depot Inc/The | 1.99% | 0.43% | 1.56% |
| COFCapital One Financial Corp. | 1.95% | 0.18% | 1.77% |
41.6% of AGQI is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AGQI or IVV?
AGQI has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, AGQI or IVV?
Over the past year AGQI returned +13.72% vs +17.54% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AGQI or IVV?
IVV has been the more volatile fund at 11.6% annualized versus 9.7% for AGQI. Worst drawdown: AGQI -14.1% vs IVV -18.8%.
Should I hold both AGQI and IVV?
AGQI and IVV have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AGQI and IVV?
41.6% of AGQI's money is in holdings IVV also owns. 11.9% of IVV's is in holdings AGQI also owns. They hold 12 positions in common, counted across the 29 positions we hold weights for in AGQI and 506 in IVV.
Which pays a higher dividend, AGQI or IVV?
AGQI yields 1.69% while IVV yields 1.10%, so AGQI currently pays the higher dividend yield.
Is IVV better than AGQI?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 45.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.