CAIE vs IVV
Calamos Autocallable Income ETF vs iShares Core S&P 500 ETF
Which is better, CAIE or IVV?
Long Term Mid Quality against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CAIE | IVV |
|---|---|---|
| Expense Ratio | 0.74% | 0.03%Best |
| AUM | $1.3B | $876.4B |
| Dividend Yield | 14.20% | 1.06% |
| Holdings | 6 | 508 |
| YTD Return | +7.94% | +11.03%Best |
| 1Y Return | +11.48% | +15.62%Best |
| 3Y Return (annualized) | - | +20.81% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 11.1%Best | 12.2% |
| Max Drawdown | -7.7%Best | -8.9% |
| $10,000 over 1.2 years | $12,375 | $12,510Best |
| Fund Family | Calamos Investments | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Blend |
| Inception | Jun 25, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 25, 2025 to Sep 16, 2026 (1.2 years).
CAIE vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
CAIE vs IVV Performance
Calamos Autocallable Income ETF (CAIE) is an ETF from Calamos Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CAIE returned +11.48% while IVV returned +15.62%. Year to date, CAIE is up 7.94% versus a gain of 11.03% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 11.1% for CAIE. 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 -7.7% for CAIE and -8.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CAIE charges 0.74% per year while IVV charges 0.03%. On a $10,000 position that is $74 vs $3 annually, a gap of $71 per year that compounds over a long holding period. On income, CAIE currently yields 14.20% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in CAIE and 490 in IVV, totalling 85.0% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in CAIE and 490 in IVV, against full books of 6 and 508.
You are not choosing between two funds in isolation.
Whichever of CAIE and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAIE or IVV?
CAIE has an expense ratio of 0.74% while IVV charges 0.03%. IVV is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, CAIE or IVV?
Over the past year CAIE returned +11.48% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), CAIE annualized +19.43% vs +20.52% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAIE or IVV?
IVV has been the more volatile fund at 12.2% annualized versus 11.1% for CAIE. Worst drawdown: CAIE -7.7% vs IVV -8.9%.
Should I hold both CAIE and IVV?
CAIE and IVV have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CAIE or IVV?
CAIE yields 14.20% while IVV yields 1.06%, so CAIE currently pays the higher dividend yield.
Is IVV better than CAIE?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.