CGRO vs IVV
CoreValues Alpha Greater China Growth ETF vs iShares Core S&P 500 ETF
Which is better, CGRO or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 56.7%.
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 | CGRO | IVV |
|---|---|---|
| Expense Ratio | 0.89% | 0.03%Best |
| AUM | $2M | $876.4B |
| Dividend Yield | 3.41% | 1.06% |
| Holdings | 35 | 508 |
| YTD Return | -25.01% | +12.39%Best |
| 1Y Return | -31.95% | +16.61%Best |
| 3Y Return (annualized) | +2.28% | +21.38%Best |
| 5Y Return (annualized) | +2.28% | +13.51%Best |
| Volatility (annualized) | 62.1% | 15.5%Best |
| Max Drawdown | -42.1% | -24.5%Best |
| $10,000 over 5 years | $11,193 | $18,844Best |
| Top 10 Weight | 56.7% | 37.8%Best |
| Fund Family | CORE VALUES ALPHA | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 16, 2023 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2020 to Sep 18, 2026 (6.2 years).
CGRO 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 6.2 years both funds cover.
CGRO vs IVV Performance
CoreValues Alpha Greater China Growth ETF (CGRO) is an ETF from CORE VALUES ALPHA and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CGRO returned -31.95% while IVV returned +16.61%. Year to date, CGRO is down 25.01% versus a gain of 12.39% for IVV.
Over three years, CGRO compounded at +2.28% per year against +21.38% for IVV; over five years the annualized figures are +2.28% and +13.51% respectively. Across the full 6-year window we track, IVV has the edge at +17.38% annualized vs +13.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGRO has been the more volatile fund, with annualized monthly volatility of 62.1% compared with 15.5% 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 -42.1% for CGRO and -24.5% 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 -0.10. They move largely independently of each other.
Fees and Cost Over Time
CGRO charges 0.89% per year while IVV charges 0.03%. On a $10,000 position that is $89 vs $3 annually, a gap of $86 per year that compounds over a long holding period. On income, CGRO currently yields 3.41% against 1.06% for IVV.
Holdings Overlap
4.0% of CGRO's money is in holdings IVV also owns. 1.6% of IVV's money is in holdings CGRO also owns.
CGRO and IVV share little of their money.
1 positions in common, counted across the 32 positions we hold weights for in CGRO and 490 in IVV, against full books of 35 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for CGRO (97.1% of the fund), and 4 for CGRO that do not appear in IVV (11.9%).
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.
Top Shared Holdings
| Stock | Weight in CGRO | Weight in IVV | Difference |
|---|---|---|---|
| TSLATesla Inc | 4.05% | 1.56% | 2.49% |
You are not choosing between two funds in isolation.
Whichever of CGRO 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, CGRO or IVV?
CGRO has an expense ratio of 0.89% while IVV charges 0.03%. IVV is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, CGRO or IVV?
Over the past year CGRO returned -31.95% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), CGRO annualized +13.42% vs +17.38% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGRO or IVV?
CGRO has been the more volatile fund at 62.1% annualized versus 15.5% for IVV. Worst drawdown: CGRO -42.1% vs IVV -24.5%.
Should I hold both CGRO and IVV?
CGRO and IVV have a monthly-return correlation of -0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGRO and IVV?
4.0% of CGRO's money is in holdings IVV also owns. 1.6% of IVV's is in holdings CGRO also owns. They hold 1 positions in common, counted across the 32 positions we hold weights for in CGRO and 490 in IVV.
Which pays a higher dividend, CGRO or IVV?
CGRO yields 3.41% while IVV yields 1.06%, so CGRO currently pays the higher dividend yield.
Is IVV better than CGRO?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 56.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.