Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

APRW vs IVV: how they differ

Over the year IVV returned more, +17.6% against +10.7%, and IVV charges 0.03% against 0.74%.

AllianzIM U.S. Equity Buffer20 ETF - Apr and iShares Core S&P 500 ETF.

APRW and IVV on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
APRW
AllianzIM U.S. Equity Buffer20 ETF - Apr
IVV
iShares Core S&P 500 ETF
Where it sitsBuffer ETFCore index fund
IssuerAllianzIMiShares
What it isDefined outcome, 20% on SPYS&P 500
Total return, 1 year+10.7%+17.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−6.8 pts+0.1 pts
Expense ratio0.74%0.03%
Holdingsnot filed505

APRW in plain words

SPY had already risen past this fund's cap of +11.9% for the period on Sep 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.2% as the period runs out. The fund's price can fall 7.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 14.9% from today's level to the point where the buffer begins. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level. 201 days remained on Sep 13, 2026. On Mar 31, 2027 the period ends and a new cap is set.

IVV in plain words

IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.

Questions people ask

Which returned more over the last year, APRW or IVV?
In the year to Sep 13, 2026, with distributions reinvested, APRW returned +10.7% and IVV returned +17.6%, so IVV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, APRW or IVV?
APRW charges 0.74% a year and IVV charges 0.03%, so IVV is cheaper. Fees come from each fund's prospectus.
Are APRW and IVV the same kind of fund?
No. APRW is a buffer ETF and IVV is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

APRW against IVV, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, APRW against IVV, data as of Sep 13, 2026. https://etfiq.com/compare/any/aprw-vs-ivv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources