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IVV vs KAUG

iShares Core S&P 500 ETF vs Innovator U.S. Small Cap Power Buffer ETF - August

IVV

iShares Core S&P 500 ETF

iShares

Annual cost

0.03%

Fund size

$797.5B

KAUG

Innovator U.S. Small Cap Power Buffer ETF - August

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

Key differences

  • IVV costs 0.76% less per year.
  • IVV is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • IVV is classified as equity, while KAUG is alternative — different risk/return profiles.
  • IVV follows a index tracking strategy; KAUG uses structured outcome.
  • IVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IVVKAUG
Annual cost (TER)0.03%0.79%
Fund size (AUM)$797.5B$80M
Since20002024
Dividend yield1.12%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+29.5%+16.6%
CAGR 3Y+23.2%N/A
CAGR 5Y+14.0%N/A
Sharpe 3Y1.25N/A
Volatility 1Y11.96%8.09%
Max drawdown-33.90%-15.66%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to IVV and KAUG