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ASXFY vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ASXFY vs. IVV

Last updated Jun 23, 2026

ASXFY (ASX Limited ADR) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, ASXFY returned 4.69%/yr vs 15.58%/yr for IVV. At a 0.28 correlation, their price movements are largely independent.

Performance

ASXFY vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASX Limited ADR (ASXFY) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with ASXFY having a 8.44% return and IVV slightly lower at 8.20%. Over the past 10 years, ASXFY has underperformed IVV with an annualized return of 4.69%, while IVV has yielded a comparatively higher 15.58% annualized return.

ASXFY

1D
2.63%
1M
-14.14%
YTD
8.44%
6M
6.93%
1Y
-15.47%
3Y*
-0.50%
5Y*
-6.61%
10Y*
4.69%

IVV

1D
-1.42%
1M
-1.34%
YTD
8.20%
6M
7.25%
1Y
23.72%
3Y*
20.79%
5Y*
13.13%
10Y*
15.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ASXFY vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ASXFY
ASX Limited ADR		8.44%-12.34%-2.90%-3.74%-29.53%28.26%-0.16%38.13%2.04%22.62%
IVV
iShares Core S&P 500 ETF		8.20%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%21.75%

Correlation

The correlation between ASXFY and IVV is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.40

Correlation (5Y)
Calculated over the trailing 5-year period

0.41

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Jul 19, 2010

0.28

The correlation between ASXFY and IVV shifts across timeframes, from 0.28 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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ASX Limited ADR

iShares Core S&P 500 ETF

Often compared with ASXFY:
ASXFY vs. ASX
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

ASXFY vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ASXFY
ASXFY Risk / Return Rank: 2222
Overall Rank
ASXFY Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
ASXFY Sortino Ratio Rank: 2121
Sortino Ratio Rank
ASXFY Omega Ratio Rank: 1919
Omega Ratio Rank
ASXFY Calmar Ratio Rank: 2323
Calmar Ratio Rank
ASXFY Martin Ratio Rank: 2626
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 5959
Overall Rank
IVV Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 5656
Sortino Ratio Rank
IVV Omega Ratio Rank: 5858
Omega Ratio Rank
IVV Calmar Ratio Rank: 5656
Calmar Ratio Rank
IVV Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASXFY vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASX Limited ADR (ASXFY) and iShares Core S&P 500 ETF (IVV). 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.

ASXFYIVVDifference
Sharpe ratioReturn per unit of total volatility
-0.50
1.91

-2.41

Sortino ratioReturn per unit of downside risk
-0.49
2.60

-3.09

Omega ratioGain probability vs. loss probability

0.93

1.35

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.54

2.68

-3.22

Martin ratioReturn relative to average drawdown

-0.84

11.98

-12.82

ASXFY vs. IVV - Sharpe Ratio Comparison

The current ASXFY Sharpe Ratio is -0.50, which is lower than the IVV Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of ASXFY and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ASXFY vs. IVV - Drawdown Comparison

The maximum ASXFY drawdown since its inception was -46.78%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ASXFY and IVV.

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Drawdown Indicators

ASXFYIVVDifference

Max Drawdown

Largest peak-to-trough decline

-46.78%

-55.25%

+8.47%

Max Drawdown (1Y)

Largest decline over 1 year

-28.99%

-8.89%

-20.10%

Max Drawdown (3Y)

Largest decline over 3 years

-28.99%

-18.75%

-10.24%

Max Drawdown (5Y)

Largest decline over 5 years

-46.78%

-24.53%

-22.25%

Max Drawdown (10Y)

Largest decline over 10 years

-46.78%

-33.90%

-12.88%

Current Drawdown

Current decline from peak

-39.09%

-3.14%

-35.95%

Average Drawdown

Average peak-to-trough decline

-14.93%

-10.76%

-4.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.46%

1.99%

+16.47%

Volatility

ASXFY vs. IVV - Volatility Comparison

ASX Limited ADR (ASXFY) has a higher volatility of 18.40% compared to iShares Core S&P 500 ETF (IVV) at 4.88%. This indicates that ASXFY's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ASXFYIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.40%

4.88%

+13.52%

Volatility (6M)

Calculated over the trailing 6-month period

26.68%

9.85%

+16.83%

Volatility (1Y)

Calculated over the trailing 1-year period

31.21%

12.48%

+18.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.85%

16.98%

+11.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.66%

18.07%

+7.59%

Dividends

ASXFY vs. IVV - Dividend Comparison

ASXFY's dividend yield for the trailing twelve months is around 4.01%, more than IVV's 1.11% yield.

PositionTTM20252024202320222021202020192018201720162015
ASXFY
ASX Limited ADR		4.01%4.19%3.40%3.55%3.59%2.48%2.98%4.32%3.66%5.29%7.92%4.15%
IVV
iShares Core S&P 500 ETF		1.11%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Frequently Asked Questions

ASXFY and IVV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ASXFY has higher volatility (18.40%) compared to IVV (4.88%). In terms of maximum drawdown, ASXFY dropped -46.78% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (1.91 vs -0.50), 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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