CAS vs IVV
Simplify China A Shares PLUS Income 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 508 holdings.
Side-by-Side Comparison
| Metric | CAS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.88% | 0.03% | |
| AUM | $13M | $907.0B | |
| Dividend Yield | 26.73% | 1.10% | |
| Holdings | 47 | 508 | |
| YTD Return | +10.93% | +14.29% | |
| 1Y Return | +2.53% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 28.2% | 15.1% | |
| Max Drawdown | -24.1% | -56.5% | |
| Fund Family | Simplify Exchange Traded Funds | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 13, 2025 | May 15, 2000 |
CAS vs IVV Performance
Simplify China A Shares PLUS Income ETF (CAS) is a ETF from Simplify Exchange Traded Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CAS returned +2.53% while IVV returned +21.79%. Year to date, CAS is up 10.93% versus a gain of 14.29% for IVV.
Risk: Volatility and Drawdowns
CAS has been the more volatile fund, with annualized monthly volatility of 28.2% 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 -24.1% for CAS 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CAS charges 0.88% per year while IVV charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, CAS currently yields 26.73% against 1.10% for IVV.
Holdings Overlap
CAS 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, CAS or IVV?
CAS has an expense ratio of 0.88% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, CAS or IVV?
Over the past year CAS returned +2.53% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CAS annualized +19.32% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, CAS or IVV?
CAS has been the more volatile fund at 28.2% annualized versus 15.1% for IVV. Worst drawdown: CAS -24.1% vs IVV -56.5%.
Should I hold both CAS and IVV?
CAS and IVV have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CAS and IVV?
CAS and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, CAS or IVV?
CAS yields 26.73% while IVV yields 1.10%, so CAS currently pays the higher dividend yield.
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