BDRY vs IVV
Breakwave Dry Bulk Shipping ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. BDRY delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BDRY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.03% | |
| AUM | $28M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 17 | 508 | |
| YTD Return | +63.00% | +13.43% | |
| 1Y Return | +74.56% | +22.61% | |
| 3Y Return (annualized) | +37.31% | +21.47% | |
| 5Y Return (annualized) | -13.07% | +13.26% | |
| Volatility (annualized) | 70.2% | 15.1% | |
| Max Drawdown | -89.2% | -56.5% | |
| Fund Family | ETFMG | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 22, 2018 | May 15, 2000 |
BDRY vs IVV Performance
Breakwave Dry Bulk Shipping ETF (BDRY) is a ETF from ETFMG and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BDRY returned +74.56% while IVV returned +22.61%. Year to date, BDRY is up 63.00% versus a gain of 13.43% for IVV.
Over three years, BDRY compounded at +37.31% per year against +21.47% for IVV; over five years the annualized figures are -13.07% and +13.26% respectively. Across the full 8-year window we track, IVV has the edge at +7.03% annualized vs -7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BDRY has been the more volatile fund, with annualized monthly volatility of 70.2% compared with 15.1% for IVV. 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 -89.2% for BDRY 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BDRY charges 0.44% per year while IVV charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period. On income, BDRY currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
BDRY and IVV share 0 holdings out of 506 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, BDRY or IVV?
BDRY has an expense ratio of 0.44% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, BDRY or IVV?
Over the past year BDRY returned +74.56% vs +22.61% for IVV, so BDRY leads on 1-year performance. Over the longest common window we track (8 years), BDRY annualized -7.07% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, BDRY or IVV?
BDRY has been the more volatile fund at 70.2% annualized versus 15.1% for IVV. Worst drawdown: BDRY -89.2% vs IVV -56.5%.
Should I hold both BDRY and IVV?
BDRY and IVV have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BDRY and IVV?
BDRY and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, BDRY or IVV?
BDRY yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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