CEE vs IVV
The Central and Eastern Europe Fund Inc. vs iShares Core S&P 500 ETF
Which is better, CEE or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. CEE led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.5%.
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 | CEE | IVV |
|---|---|---|
| Expense Ratio | 1.18% | 0.03%Best |
| AUM | $147M | $876.4B |
| Dividend Yield | 1.70% | 1.06% |
| Holdings | 60 | 508 |
| YTD Return | +7.33% | +12.39%Best |
| 1Y Return | +24.58%Best | +16.61% |
| 3Y Return (annualized) | +33.50%Best | +21.38% |
| 5Y Return (annualized) | -4.16% | +13.51%Best |
| Volatility (annualized) | 31.0% | 15.1%Best |
| Max Drawdown | -83.0% | -56.5%Best |
| $10,000 over 5 years | $8,086 | $18,844Best |
| Top 10 Weight | 59.5% | 37.8%Best |
| Fund Family | DWS ETF Trust | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 6, 1990 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 18, 2026 (26.3 years).
CEE 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 26.3 years both funds cover.
CEE vs IVV Performance
The Central and Eastern Europe Fund Inc. (CEE) is an ETF from DWS ETF Trust and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CEE returned +24.58% while IVV returned +16.61%. Year to date, CEE is up 7.33% versus a gain of 12.39% for IVV.
Over three years, CEE compounded at +33.50% per year against +21.38% for IVV; over five years the annualized figures are -4.16% and +13.51% respectively. Across the full 26-year window we track, IVV has the edge at +6.96% annualized vs +5.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEE has been the more volatile fund, with annualized monthly volatility of 31.0% 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 -83.0% for CEE and -56.5% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CEE charges 1.18% per year while IVV charges 0.03%. On a $10,000 position that is $118 vs $3 annually, a gap of $115 per year that compounds over a long holding period. On income, CEE currently yields 1.70% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 50 holdings in CEE and 490 in IVV, totalling 99.7% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 185 days apart, CEE as of Feb 27, 2026 and IVV as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 50 positions we hold weights for in CEE and 490 in IVV, against full books of 60 and 508.
What only one of them owns
Our book lists 482 positions for IVV that do not appear in our book for CEE (98.6% of the fund), and 1 for CEE that do not appear in IVV (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of CEE 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, CEE or IVV?
CEE has an expense ratio of 1.18% while IVV charges 0.03%. IVV is the cheaper option, by $115 a year on a $10,000 investment.
Which performed better, CEE or IVV?
Over the past year CEE returned +24.58% vs +16.61% for IVV, so CEE leads on 1-year performance. Over the longest common window we track (26 years), CEE annualized +5.53% vs +6.96% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CEE or IVV?
CEE has been the more volatile fund at 31.0% annualized versus 15.1% for IVV. Worst drawdown: CEE -83.0% vs IVV -56.5%.
Should I hold both CEE and IVV?
CEE and IVV have a monthly-return correlation of 0.63, 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, CEE or IVV?
CEE yields 1.70% while IVV yields 1.06%, so CEE currently pays the higher dividend yield.
Is IVV better than CEE?
IVV has a lower expense ratio. CEE led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 59.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.