AVGO vs. IVV
Compare and contrast key facts about Broadcom Inc. (AVGO) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGO or IVV.
Key characteristics
| AVGO | IVV | |
|---|---|---|
| YTD Return | 46.40% | 10.28% |
| 1Y Return | 52.39% | 5.41% |
| 5Y Return (Ann) | 31.12% | 11.01% |
| 10Y Return (Ann) | 40.92% | 11.82% |
| Sharpe Ratio | 1.69 | 0.35 |
| Daily Std Dev | 34.30% | 21.13% |
| Max Drawdown | -48.30% | -55.25% |
Correlation
The correlation between AVGO and IVV is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
AVGO vs. IVV - Performance Comparison
In the year-to-date period, AVGO achieves a 46.40% return, which is significantly higher than IVV's 10.28% return. Over the past 10 years, AVGO has outperformed IVV with an annualized return of 40.92%, while IVV has yielded a comparatively lower 11.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVGO vs. IVV - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 2.65%, more than IVV's 1.91% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 2.65% | 3.04% | 2.33% | 3.26% | 3.97% | 3.61% | 2.33% | 1.86% | 1.53% | 1.69% | 2.40% | 2.54% |
IVV iShares Core S&P 500 ETF | 1.91% | 1.67% | 1.23% | 1.63% | 2.09% | 2.37% | 1.92% | 2.25% | 2.58% | 2.13% | 2.14% | 2.54% |
AVGO vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AVGO Broadcom Inc. | 1.69 | ||||
IVV iShares Core S&P 500 ETF | 0.35 |
AVGO vs. IVV - Drawdown Comparison
The maximum AVGO drawdown for the period was -21.29%, roughly equal to the maximum IVV drawdown of -19.87%. The drawdown chart below compares losses from any high point along the way for AVGO and IVV
AVGO vs. IVV - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 14.49% compared to iShares Core S&P 500 ETF (IVV) at 3.81%. This indicates that AVGO'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.