IVV vs PPI
iShares Core S&P 500 ETF vs Astoria Real Assets ETF
Which is better, IVV or PPI?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and 3Y, PPI over the full window. PPI is less concentrated, with 26.2% 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 | IVV | PPI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.57% |
| AUM | $896.5B | $159M |
| Dividend Yield | 1.10% | 1.47% |
| Holdings | 508 | 86 |
| YTD Return | +13.59%Best | +7.41% |
| 1Y Return | +17.54%Best | +7.85% |
| 3Y Return (annualized) | +22.46%Best | +17.70% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 15.6%Best | 18.9% |
| Max Drawdown | -24.5%Tie | -24.5%Tie |
| $10,000 over 4.8 years | $17,302 | $17,774Best |
| Top 10 Weight | 38.9% | 26.2%Best |
| Fund Family | iShares by BlackRock (US) | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Dec 30, 2021 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 30, 2021 to Oct 14, 2026 (4.8 years).
IVV vs PPI 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 4.8 years both funds cover.
IVV vs PPI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Astoria Real Assets ETF (PPI) is an ETF from AXS Investments. Over the past year IVV returned +17.54% while PPI returned +7.85%. Year to date, IVV is up 13.59% versus a gain of 7.41% for PPI.
Over three years, IVV compounded at +22.46% per year against +17.70% for PPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PPI has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 15.6% 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 -24.5% for IVV and -24.5% for PPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PPI charges 0.57%. On a $10,000 position that is $3 vs $57 annually, a gap of $54 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.47% for PPI.
Holdings Overlap
4.8% of IVV's money is in holdings PPI also owns. 48.3% of PPI's money is in holdings IVV also owns.
The two portfolios partly overlap.
33 positions in common, counted across the 506 positions we hold weights for in IVV and 80 in PPI, against full books of 508 and 86.
What only one of them owns
Our book lists 17 positions for PPI that do not appear in our book for IVV (17.0% of the fund), and 467 for IVV that do not appear in PPI (94.6%).
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 IVV | Weight in PPI | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.02% | 2.66% | 1.64% |
| CATCaterpillar, Inc. | 0.57% | 2.87% | 2.30% |
| GEVGe Vernova, Inc. | 0.40% | 2.57% | 2.17% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 0.15% | 2.55% | 2.40% |
| NEMNewmont Corp Common | 0.18% | 1.94% | 1.76% |
| LMTLockheed Martin | 0.16% | 1.88% | 1.72% |
| VRTVertiv Holdings Co | 0.14% | 1.85% | 1.71% |
| CSXCsx Corp. | 0.13% | 1.75% | 1.62% |
| SPGSimon Property Group Inc | 0.10% | 1.71% | 1.61% |
| STLDSteel Dynamics Inc | 0.05% | 1.76% | 1.71% |
48.3% of PPI 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, IVV or PPI?
IVV has an expense ratio of 0.03% while PPI charges 0.57%. IVV is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, IVV or PPI?
Over the past year IVV returned +17.54% vs +7.85% for PPI, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PPI?
PPI has been the more volatile fund at 18.9% annualized versus 15.6% for IVV. Worst drawdown: IVV -24.5% vs PPI -24.5%.
Should I hold both IVV and PPI?
IVV and PPI have a monthly-return correlation of 0.70, 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 IVV and PPI?
48.3% of PPI's money is in holdings IVV also owns. 48.3% of PPI's is in holdings IVV also owns. They hold 33 positions in common, counted across the 506 positions we hold weights for in IVV and 80 in PPI.
Which pays a higher dividend, IVV or PPI?
IVV yields 1.10% while PPI yields 1.47%, so PPI currently pays the higher dividend yield.
Is PPI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and 3Y, PPI over the full window. PPI is less concentrated, with 26.2% 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.