CGCP vs IVV
Capital Group Core Plus Income ETF vs iShares Core S&P 500 ETF
Which is better, CGCP or IVV?
Long Term High Quality against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y 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 | CGCP | IVV |
|---|---|---|
| Expense Ratio | 0.34% | 0.03%Best |
| AUM | $8.3B | $882.6B |
| Dividend Yield | 5.13% | 1.06% |
| Holdings | 2,983 | 508 |
| YTD Return | -2.96% | +13.60%Best |
| 1Y Return | -2.26% | +16.32%Best |
| 3Y Return (annualized) | +5.31% | +23.81%Best |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 7.0%Best | 15.5% |
| Max Drawdown | -15.1%Best | -22.1% |
| $10,000 over 4.6 years | $10,369 | $19,196Best |
| Fund Family | Capital Group (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Blend |
| Inception | Feb 22, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 2, 2026 (4.6 years).
CGCP 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 4.6 years both funds cover.
CGCP vs IVV Performance
Capital Group Core Plus Income ETF (CGCP) is an ETF from Capital Group (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CGCP returned -2.26% while IVV returned +16.32%. Year to date, CGCP is down 2.96% versus a gain of 13.60% for IVV.
Over three years, CGCP compounded at +5.31% per year against +23.81% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 7.0% for CGCP. 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 -15.1% for CGCP and -22.1% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCP charges 0.34% per year while IVV charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, CGCP currently yields 5.13% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 602 holdings in CGCP and 505 in IVV, totalling 53.6% and 99.9% of the two funds. That is not enough of CGCP to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 602 positions we hold weights for in CGCP and 505 in IVV, against full books of 2,983 and 508.
Top Shared Holdings
| Stock | Weight in CGCP | Weight in IVV | Difference |
|---|---|---|---|
| LYBLyondellbasell-a | 0.00% | 0.02% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of CGCP 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, CGCP or IVV?
CGCP has an expense ratio of 0.34% while IVV charges 0.03%. IVV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, CGCP or IVV?
Over the past year CGCP returned -2.26% vs +16.32% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGCP or IVV?
IVV has been the more volatile fund at 15.5% annualized versus 7.0% for CGCP. Worst drawdown: CGCP -15.1% vs IVV -22.1%.
Should I hold both CGCP and IVV?
CGCP and IVV have a monthly-return correlation of 0.72, 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, CGCP or IVV?
CGCP yields 5.13% while IVV yields 1.06%, so CGCP currently pays the higher dividend yield.
Is IVV better than CGCP?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.