AIVL vs IVV
WisdomTree US AI Enhanced Value Fund vs iShares Core S&P 500 ETF
Which is better, AIVL or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. AIVL led over 1Y, IVV over 3Y, 5Y and the full window. AIVL is less concentrated, with 29.3% of the fund in its ten largest positions against 38.9%.
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 | AIVL | IVV |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $414M | $896.5B |
| Dividend Yield | 1.53% | 1.10% |
| Holdings | 103 | 508 |
| YTD Return | +15.75%Best | +13.59% |
| 1Y Return | +17.67%Best | +17.54% |
| 3Y Return (annualized) | +16.26% | +22.46%Best |
| 5Y Return (annualized) | +8.46% | +13.28%Best |
| Volatility (annualized) | 15.8% | 15.2%Best |
| Max Drawdown | -65.1% | -56.5%Best |
| $10,000 over 5 years | $15,009 | $18,654Best |
| Top 10 Weight | 29.3%Best | 38.9% |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 16, 2006 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Oct 14, 2026 (20.3 years).
AIVL 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 20.3 years both funds cover.
AIVL vs IVV Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is an ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AIVL returned +17.67% while IVV returned +17.54%. Year to date, AIVL is up 15.75% versus a gain of 13.59% for IVV.
Over three years, AIVL compounded at +16.26% per year against +22.46% for IVV; over five years the annualized figures are +8.46% and +13.28% respectively. Across the full 20-year window we track, IVV has the edge at +9.78% annualized vs +5.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.2% 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 -65.1% for AIVL and -56.5% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIVL charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, AIVL currently yields 1.53% against 1.10% for IVV.
Holdings Overlap
81.3% of AIVL's money is in holdings IVV also owns. 32.0% of IVV's money is in holdings AIVL also owns.
Most of AIVL is already inside IVV. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 122 positions we hold weights for in AIVL and 506 in IVV, against full books of 103 and 508.
What only one of them owns
Our book lists 416 positions for IVV that do not appear in our book for AIVL (67.5% of the fund), and 36 for AIVL that do not appear in IVV (18.0%).
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 AIVL | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.31% | 7.29% | 2.98% |
| MSFTMicrosoft Corp | 3.63% | 5.76% | 2.13% |
| AMZNAmazon.Com Inc | 4.26% | 3.68% | 0.58% |
| PGProcter & Gamble Company | 3.04% | 0.51% | 2.53% |
| BACBank of America Corp.: Financials | 2.83% | 0.53% | 2.30% |
| MOAltria Group Inc | 2.28% | 0.17% | 2.11% |
| MDTMedtronic Plc Ordinary Shares | 2.27% | 0.17% | 2.10% |
| INTCIntel Corporation | 1.47% | 0.90% | 0.57% |
| KMIKinder Morgan Inc./de | 2.27% | 0.09% | 2.18% |
| USBUS Bancorp | 2.20% | 0.14% | 2.06% |
81.3% of AIVL 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, AIVL or IVV?
AIVL has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, AIVL or IVV?
Over the past year AIVL returned +17.67% vs +17.54% for IVV, so AIVL leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.48% vs +9.78% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVL or IVV?
AIVL has been the more volatile fund at 15.8% annualized versus 15.2% for IVV. Worst drawdown: AIVL -65.1% vs IVV -56.5%.
Should I hold both AIVL and IVV?
AIVL and IVV have a monthly-return correlation of 0.89, 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 AIVL and IVV?
81.3% of AIVL's money is in holdings IVV also owns. 32.0% of IVV's is in holdings AIVL also owns. They hold 85 positions in common, counted across the 122 positions we hold weights for in AIVL and 506 in IVV.
Which pays a higher dividend, AIVL or IVV?
AIVL yields 1.53% while IVV yields 1.10%, so AIVL currently pays the higher dividend yield.
Is IVV better than AIVL?
IVV has a lower expense ratio. AIVL led over 1Y, IVV over 3Y, 5Y and the full window. AIVL is less concentrated, with 29.3% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.