CCIF vs IVV
Carlyle Credit Income Fund 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 505 holdings.
Side-by-Side Comparison
| Metric | CCIF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 13.82% | 0.03% | |
| AUM | $56M | $865.2B | |
| Dividend Yield | 38.71% | 1.09% | |
| Holdings | 45 | 508 | |
| YTD Return | -30.32% | +14.50% | |
| 1Y Return | -35.60% | +22.02% | |
| 3Y Return (annualized) | -13.90% | +21.80% | |
| 5Y Return (annualized) | -8.87% | +13.37% | |
| Volatility (annualized) | 18.0% | 15.1% | |
| Max Drawdown | -55.6% | -56.5% | |
| Fund Family | Carlyle Credit Income Fund | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 30, 2011 | May 15, 2000 |
CCIF vs IVV Performance
Carlyle Credit Income Fund (CCIF) is a ETF from Carlyle Credit Income Fund and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CCIF returned -35.60% while IVV returned +22.02%. Year to date, CCIF is down 30.32% versus a gain of 14.50% for IVV.
Over three years, CCIF compounded at -13.90% per year against +21.80% for IVV; over five years the annualized figures are -8.87% and +13.37% respectively. Across the full 14-year window we track, IVV has the edge at +7.07% annualized vs -2.72%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCIF has been the more volatile fund, with annualized monthly volatility of 18.0% 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 -55.6% for CCIF 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CCIF charges 13.82% per year while IVV charges 0.03%. On a $10,000 position that is $1382 vs $3 annually, a gap of $1379 per year that compounds over a long holding period. On income, CCIF currently yields 38.71% against 1.09% for IVV.
Frequently Asked Questions
Which is cheaper, CCIF or IVV?
CCIF has an expense ratio of 13.82% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $1379 per year of difference.
Which performed better, CCIF or IVV?
Over the past year CCIF returned -35.60% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (14 years), CCIF annualized -2.72% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, CCIF or IVV?
CCIF has been the more volatile fund at 18.0% annualized versus 15.1% for IVV. Worst drawdown: CCIF -55.6% vs IVV -56.5%.
Should I hold both CCIF and IVV?
CCIF and IVV have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, CCIF or IVV?
CCIF yields 38.71% while IVV yields 1.09%, so CCIF currently pays the higher dividend yield.
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