IVE vs. YAFFX
IVE (iShares S&P 500 Value ETF) and YAFFX (AMG Yacktman Focused Fund) are both Large Cap Value Equities funds. Over the past 10 years, IVE returned 11.76%/yr vs 12.89%/yr for YAFFX. Their correlation of 0.81 suggests significant overlap in exposure. IVE charges 0.18%/yr vs 1.25%/yr for YAFFX.
Performance
IVE vs. YAFFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVE achieves a 7.46% return, which is significantly lower than YAFFX's 30.77% return. Over the past 10 years, IVE has underperformed YAFFX with an annualized return of 11.76%, while YAFFX has yielded a comparatively higher 12.89% annualized return.
IVE
- 1D
- -0.35%
- 1M
- 2.24%
- YTD
- 7.46%
- 6M
- 7.74%
- 1Y
- 21.15%
- 3Y*
- 15.57%
- 5Y*
- 10.54%
- 10Y*
- 11.76%
YAFFX
- 1D
- -0.48%
- 1M
- 8.70%
- YTD
- 30.77%
- 6M
- 14.70%
- 1Y
- 28.89%
- 3Y*
- 17.76%
- 5Y*
- 10.40%
- 10Y*
- 12.89%
IVE vs. YAFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVE iShares S&P 500 Value ETF | 7.46% | 13.02% | 12.03% | 22.07% | -5.41% | 24.72% | 1.22% | 31.62% | -9.22% | 15.24% |
YAFFX AMG Yacktman Focused Fund | 30.77% | 3.89% | 9.30% | 16.53% | -8.20% | 16.48% | 17.22% | 19.21% | 2.99% | 20.07% |
Correlation
The correlation between IVE and YAFFX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since May 30, 2000 | 0.81 |
Over the past year, the correlation between IVE and YAFFX has dropped to 0.42 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IVE vs. YAFFX — Risk / Return Rank
IVE
YAFFX
IVE vs. YAFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and AMG Yacktman Focused Fund (YAFFX). 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.
| IVE | YAFFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 1.71 | +1.72 |
| Martin ratioReturn relative to average drawdown | 13.10 | 6.17 | +6.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IVE | YAFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 1.32 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.58 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.78 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.62 | -0.23 |
Drawdowns
IVE vs. YAFFX - Drawdown Comparison
The maximum IVE drawdown since its inception was -61.32%, which is greater than YAFFX's maximum drawdown of -43.80%. Use the drawdown chart below to compare losses from any high point for IVE and YAFFX.
Loading charts...
Drawdown Indicators
| IVE | YAFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -43.80% | -17.52% |
Max Drawdown (1Y)Largest decline over 1 year | -6.19% | -17.08% | +10.89% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -18.88% | +1.30% |
Max Drawdown (5Y)Largest decline over 5 years | -18.04% | -21.31% | +3.27% |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | -30.62% | -6.42% |
Current DrawdownCurrent decline from peak | -0.55% | -0.48% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -10.10% | -6.21% | -3.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 4.70% | -3.08% |
Volatility
IVE vs. YAFFX - Volatility Comparison
The current volatility for iShares S&P 500 Value ETF (IVE) is 2.00%, while AMG Yacktman Focused Fund (YAFFX) has a volatility of 6.13%. This indicates that IVE experiences smaller price fluctuations and is considered to be less risky than YAFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVE | YAFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.00% | 6.13% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 7.02% | 22.29% | -15.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.79% | 22.19% | -12.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 18.10% | -3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 16.53% | +0.43% |
IVE vs. YAFFX - Expense Ratio Comparison
IVE has a 0.18% expense ratio, which is lower than YAFFX's 1.25% expense ratio.
Dividends
IVE vs. YAFFX - Dividend Comparison
IVE's dividend yield for the trailing twelve months is around 1.52%, while YAFFX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVE iShares S&P 500 Value ETF | 1.52% | 1.61% | 2.04% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.44% |
YAFFX AMG Yacktman Focused Fund | 0.00% | 0.00% | 18.44% | 4.42% | 7.60% | 4.70% | 11.87% | 15.84% | 22.15% | 11.82% | 11.81% | 24.36% |
Frequently Asked Questions
IVE and YAFFX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YAFFX has higher volatility (6.13%) compared to IVE (2.00%). In terms of maximum drawdown, IVE dropped -61.32% vs YAFFX's -43.80%.
IVE currently has the higher Sharpe Ratio (2.17 vs 1.32), 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.
Find the right allocation for IVE and YAFFX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer