AIVC vs. SGOV
AIVC (Amplify Bloomberg AI Value Chain ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Both are passively managed. Over the past 5 years, AIVC returned 16.85%/yr vs 3.58%/yr for SGOV. At a correlation of -0.01, they often move in opposite directions. AIVC charges 0.59%/yr vs 0.09%/yr for SGOV.
Performance
AIVC vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, AIVC achieves a 66.45% return, which is significantly higher than SGOV's 1.71% return.
AIVC
- 1D
- -4.78%
- 1M
- 7.56%
- YTD
- 66.45%
- 6M
- 65.87%
- 1Y
- 125.43%
- 3Y*
- 48.25%
- 5Y*
- 16.85%
- 10Y*
- 16.72%
SGOV
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.71%
- 6M
- 1.80%
- 1Y
- 3.92%
- 3Y*
- 4.68%
- 5Y*
- 3.58%
- 10Y*
- —
AIVC vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 66.45% | 39.94% | 18.22% | 39.28% | -38.91% | -7.23% | 46.97% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.71% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between AIVC and SGOV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.01 |
The correlation between AIVC and SGOV shifts across timeframes, from -0.12 (1 year) to -0.01 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AIVC vs. SGOV — Risk / Return Rank
AIVC
SGOV
AIVC vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and iShares 0-3 Month Treasury Bond ETF (SGOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIVC | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.42 | ||
| Sortino ratioReturn per unit of downside risk | -269.50 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 194.05 | -192.51 |
| Calmar ratioReturn relative to maximum drawdown | 8.94 | 395.07 | -386.13 |
| Martin ratioReturn relative to average drawdown | 27.60 | 4,426.92 | -4,399.32 |
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Drawdowns
AIVC vs. SGOV - Drawdown Comparison
The maximum AIVC drawdown since its inception was -56.11%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for AIVC and SGOV.
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Drawdown Indicators
| AIVC | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.11% | -0.03% | -56.08% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -0.01% | -14.10% |
Max Drawdown (3Y)Largest decline over 3 years | -32.55% | -0.01% | -32.54% |
Max Drawdown (5Y)Largest decline over 5 years | -53.58% | -0.03% | -53.55% |
Max Drawdown (10Y)Largest decline over 10 years | -56.11% | — | — |
Current DrawdownCurrent decline from peak | -8.48% | 0.00% | -8.48% |
Average DrawdownAverage peak-to-trough decline | -16.38% | -0.00% | -16.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 0.00% | +4.56% |
Volatility
AIVC vs. SGOV - Volatility Comparison
Amplify Bloomberg AI Value Chain ETF (AIVC) has a higher volatility of 15.81% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that AIVC's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIVC | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 0.06% | +15.75% |
Volatility (6M)Calculated over the trailing 6-month period | 26.60% | 0.13% | +26.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.28% | 0.19% | +32.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.73% | 0.24% | +30.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.16% | 0.24% | +26.92% |
AIVC vs. SGOV - Expense Ratio Comparison
AIVC has a 0.59% expense ratio, which is higher than SGOV's 0.09% expense ratio.
Dividends
AIVC vs. SGOV - Dividend Comparison
AIVC's dividend yield for the trailing twelve months is around 0.10%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 0.10% | 0.17% | 0.21% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 0.92% | 0.64% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AIVC and SGOV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIVC has higher volatility (15.81%) compared to SGOV (0.06%). In terms of maximum drawdown, AIVC dropped -56.11% vs SGOV's -0.03%.
On 5-year performance, AIVC leads with 16.85% vs 3.58% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AIVC has performed better with a 16.85% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SGOV is cheaper with a 0.09% expense ratio, compared with 0.59% for AIVC.
SGOV has the higher dividend yield at 3.85%, compared with 0.10% for AIVC.
AIVC is categorized as Technology Equities, while SGOV is Ultrashort Bond. AIVC tracks Bloomberg AI Value Chain Index, while SGOV tracks ICE 0-3 Month US Treasury Securities Index. They also come from different issuers: Amplify and iShares. Their fees differ too: 0.59% for AIVC and 0.09% for SGOV.
SGOV currently has the higher Sharpe Ratio (20.32 vs 3.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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