CBON vs IVV
VanEck China Bond ETF vs iShares Core S&P 500 ETF
Which is better, CBON or IVV?
Short Term Low Quality against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | CBON | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $29M | $882.6B |
| Dividend Yield | 1.48% | 1.06% |
| Holdings | 74 | 508 |
| YTD Return | +6.52% | +12.76%Best |
| 1Y Return | +9.47% | +15.57%Best |
| 3Y Return (annualized) | +6.10% | +22.95%Best |
| 5Y Return (annualized) | +2.07% | +13.54%Best |
| Volatility (annualized) | 5.2%Best | 14.9% |
| Max Drawdown | -15.5%Best | -33.9% |
| $10,000 over 5 years | $11,079 | $18,869Best |
| Fund Family | VanEck | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Short Term Low Quality | Large Cap Blend |
| Inception | Nov 10, 2014 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 11, 2014 to Oct 1, 2026 (11.9 years).
CBON 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
CBON vs IVV Performance
VanEck China Bond ETF (CBON) is an ETF from VanEck and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CBON returned +9.47% while IVV returned +15.57%. Year to date, CBON is up 6.52% versus a gain of 12.76% for IVV.
Over three years, CBON compounded at +6.10% per year against +22.95% for IVV; over five years the annualized figures are +2.07% and +13.54% respectively. Across the full 12-year window we track, IVV has the edge at +12.47% annualized vs +0.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 5.2% for CBON. 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 -15.5% for CBON and -33.9% 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CBON charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, CBON currently yields 1.48% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in CBON and 505 in IVV, totalling 3.0% and 99.9% 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 CBON and 505 in IVV, against full books of 74 and 508.
You are not choosing between two funds in isolation.
Whichever of CBON 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, CBON or IVV?
CBON has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CBON or IVV?
Over the past year CBON returned +9.47% vs +15.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (12 years), CBON annualized +0.75% vs +12.47% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CBON or IVV?
IVV has been the more volatile fund at 14.9% annualized versus 5.2% for CBON. Worst drawdown: CBON -15.5% vs IVV -33.9%.
Should I hold both CBON and IVV?
CBON and IVV have a monthly-return correlation of 0.35, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CBON or IVV?
CBON yields 1.48% while IVV yields 1.06%, so CBON currently pays the higher dividend yield.
Is IVV better than CBON?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.