CAML vs IVV
Congress Large Cap Growth ETF vs iShares Core S&P 500 ETF
Which is better, CAML or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.6%.
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 | CAML | IVV |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $381M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 39 | 508 |
| YTD Return | +4.36% | +12.51%Best |
| 1Y Return | +3.77% | +17.57%Best |
| 3Y Return (annualized) | +15.82% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 14.8% | 12.8%Best |
| Max Drawdown | -21.1% | -18.8%Best |
| $10,000 over 3.1 years | $16,081 | $18,312Best |
| Top 10 Weight | 45.6% | 37.9%Best |
| Fund Family | Congress Asset Management Company | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 22, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 22, 2023 to Sep 11, 2026 (3.1 years).
CAML 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 3.1 years both funds cover.
CAML vs IVV Performance
Congress Large Cap Growth ETF (CAML) is an ETF from Congress Asset Management Company and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CAML returned +3.77% while IVV returned +17.57%. Year to date, CAML is up 4.36% versus a gain of 12.51% for IVV.
Over three years, CAML compounded at +15.82% per year against +21.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CAML has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 12.8% 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 -21.1% for CAML and -18.8% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CAML charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, CAML currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
87.2% of CAML's money is in holdings IVV also owns. 42.8% of IVV's money is in holdings CAML also owns.
Most of CAML is already inside IVV. Owning both mostly buys the same companies twice.
32 positions in common, counted across the 38 positions we hold weights for in CAML and 505 in IVV, against full books of 39 and 508.
What only one of them owns
Our book lists 463 positions for IVV that do not appear in our book for CAML (56.5% of the fund), and 3 for CAML that do not appear in IVV (6.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CAML | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.08% | 7.98% | 0.10% |
| AAPLApple, Inc | 5.96% | 6.86% | 0.90% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.98% | 5.44% | 0.54% |
| GOOGLAlphabet A Usd 0.001 | 5.51% | 3.19% | 2.32% |
| AVGOBroadcom Inc | 4.56% | 2.98% | 1.58% |
| AMZNAmazon.Com Inc | 2.47% | 4.01% | 1.54% |
| METAMeta Platforms, Inc. | 2.45% | 1.94% | 0.51% |
| VVisa Inc | 2.71% | 0.92% | 1.79% |
| MUMicron Technology, Inc. | 2.11% | 1.51% | 0.60% |
| ANETArista Networks Inc Common Stock | 3.27% | 0.31% | 2.96% |
87.2% of CAML is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAML or IVV?
CAML has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, CAML or IVV?
Over the past year CAML returned +3.77% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAML or IVV?
CAML has been the more volatile fund at 14.8% annualized versus 12.8% for IVV. Worst drawdown: CAML -21.1% vs IVV -18.8%.
Should I hold both CAML and IVV?
CAML and IVV have a monthly-return correlation of 0.95, 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.
What is the holdings overlap between CAML and IVV?
87.2% of CAML's money is in holdings IVV also owns. 42.8% of IVV's is in holdings CAML also owns. They hold 32 positions in common, counted across the 38 positions we hold weights for in CAML and 505 in IVV.
Which pays a higher dividend, CAML or IVV?
CAML yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than CAML?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.