APLU vs IVV
APLU vs IVV
Allspring Core Plus ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | APLU | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.03% | |
| AUM | $421M | $865.2B | |
| Dividend Yield | 5.42% | 1.09% | |
| Holdings | 549 | 508 | |
| YTD Return | -0.68% | +9.93% | |
| 1Y Return | +2.60% | +19.59% | |
| 3Y Return (annualized) | - | +19.41% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 3.4% | 15.1% | |
| Max Drawdown | -3.2% | -56.5% | |
| Fund Family | Allspring Global Investments | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 4, 2024 | May 15, 2000 |
APLU vs IVV Performance
Allspring Core Plus ETF (APLU) is a ETF from Allspring Global Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year APLU returned +2.60% while IVV returned +19.59%. Year to date, APLU is down 0.68% versus a gain of 9.93% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.4% for APLU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.2% for APLU and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
APLU charges 0.31% per year while IVV charges 0.03%. On a $10,000 position that is $31 vs $3 annually, a gap of $28 per year that compounds over a long holding period. On income, APLU currently yields 5.42% against 1.09% for IVV.
Holdings Overlap
APLU and IVV share 0 holdings out of 752 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, APLU or IVV?
APLU has an expense ratio of 0.31% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, APLU or IVV?
Over the past year APLU returned +2.60% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), APLU annualized +2.68% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, APLU or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 3.4% for APLU. Worst drawdown: APLU -3.2% vs IVV -56.5%.
Should I hold both APLU and IVV?
APLU and IVV have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between APLU and IVV?
APLU and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 752 unique securities.
Which pays a higher dividend, APLU or IVV?
APLU yields 5.42% while IVV yields 1.09%, so APLU currently pays the higher dividend yield.
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