CEF vs IVV
Sprott Physical Gold and Silver Trust vs iShares Core S&P 500 ETF
Which is better, CEF or IVV?
Precious Metals against Large Cap Blend.
IVV has a lower expense ratio. CEF 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 | CEF | IVV |
|---|---|---|
| Expense Ratio | 0.46% | 0.03%Best |
| AUM | $7.7B | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 4 | 508 |
| YTD Return | -4.20% | +12.27%Best |
| 1Y Return | +29.62%Best | +17.04% |
| 3Y Return (annualized) | +34.62%Best | +21.24% |
| 5Y Return (annualized) | +20.95%Best | +13.08% |
| Volatility (annualized) | 23.1% | 15.1%Best |
| Max Drawdown | -62.3% | -56.5%Best |
| $10,000 over 5 years | $25,884Best | $18,490 |
| Fund Family | Sprott Asset Management LP | iShares by BlackRock (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Blend |
| Inception | Jan 16, 2018 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 17, 2026 (26.3 years).
CEF 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.
CEF vs IVV Performance
Sprott Physical Gold and Silver Trust (CEF) is an ETF from Sprott Asset Management LP and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CEF returned +29.62% while IVV returned +17.04%. Year to date, CEF is down 4.20% versus a gain of 12.27% for IVV.
Over three years, CEF compounded at +34.62% per year against +21.24% for IVV; over five years the annualized figures are +20.95% and +13.08% respectively. Across the full 26-year window we track, CEF has the edge at +10.36% annualized vs +6.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEF has been the more volatile fund, with annualized monthly volatility of 23.1% 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 -62.3% for CEF 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 0.11. They move largely independently of each other.
Fees and Cost Over Time
CEF charges 0.46% per year while IVV charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, CEF currently yields 0.00% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of CEF 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, CEF or IVV?
CEF has an expense ratio of 0.46% while IVV charges 0.03%. IVV is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, CEF or IVV?
Over the past year CEF returned +29.62% vs +17.04% for IVV, so CEF leads on 1-year performance. Over the longest common window we track (26 years), CEF annualized +10.36% vs +6.96% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CEF or IVV?
CEF has been the more volatile fund at 23.1% annualized versus 15.1% for IVV. Worst drawdown: CEF -62.3% vs IVV -56.5%.
Should I hold both CEF and IVV?
CEF and IVV have a monthly-return correlation of 0.11, 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, CEF or IVV?
CEF yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than CEF?
IVV has a lower expense ratio. CEF 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.