CGV vs IVV
Conductor Global Equity Value ETF vs iShares Core S&P 500 ETF
Which is better, CGV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. CGV is less concentrated, with 21.5% of the fund in its ten largest positions against 38.1%.
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 | CGV | IVV |
|---|---|---|
| Expense Ratio | 1.25% | 0.03%Best |
| AUM | $136M | $882.6B |
| Dividend Yield | 4.63% | 1.06% |
| Holdings | 168 | 508 |
| YTD Return | +8.91% | +13.60%Best |
| 1Y Return | +13.18% | +16.32%Best |
| 3Y Return (annualized) | +13.27% | +23.81%Best |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 13.3%Best | 14.1% |
| Max Drawdown | -16.6%Best | -18.8% |
| $10,000 over 4.2 years | $14,306 | $19,976Best |
| Top 10 Weight | 21.5%Best | 38.1% |
| Fund Family | Conductor ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Apr 19, 2016 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Aug 1, 2022 to Oct 2, 2026 (4.2 years).
CGV 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 4.2 years both funds cover.
CGV vs IVV Performance
Conductor Global Equity Value ETF (CGV) is an ETF from Conductor ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CGV returned +13.18% while IVV returned +16.32%. Year to date, CGV is up 8.91% versus a gain of 13.60% for IVV.
Over three years, CGV compounded at +13.27% per year against +23.81% for IVV. Across the full 4-year window we track, IVV has the edge at +17.91% annualized vs +8.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.3% for CGV. 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 -16.6% for CGV and -18.8% 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGV charges 1.25% per year while IVV charges 0.03%. On a $10,000 position that is $125 vs $3 annually, a gap of $122 per year that compounds over a long holding period. On income, CGV currently yields 4.63% against 1.06% for IVV.
Holdings Overlap
6.3% of CGV's money is in holdings IVV also owns. 0.3% of IVV's money is in holdings CGV also owns.
CGV and IVV share little of their money.
5 positions in common, counted across the 82 positions we hold weights for in CGV and 505 in IVV, against full books of 168 and 508.
What only one of them owns
Our book lists 492 positions for IVV that do not appear in our book for CGV (98.9% of the fund), and 9 for CGV that do not appear in IVV (11.2%).
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 CGV 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, CGV or IVV?
CGV has an expense ratio of 1.25% while IVV charges 0.03%. IVV is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, CGV or IVV?
Over the past year CGV returned +13.18% vs +16.32% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), CGV annualized +8.90% vs +17.91% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGV or IVV?
IVV has been the more volatile fund at 14.1% annualized versus 13.3% for CGV. Worst drawdown: CGV -16.6% vs IVV -18.8%.
Should I hold both CGV and IVV?
CGV and IVV have a monthly-return correlation of 0.58, 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 CGV and IVV?
6.3% of CGV's money is in holdings IVV also owns. 0.3% of IVV's is in holdings CGV also owns. They hold 5 positions in common, counted across the 82 positions we hold weights for in CGV and 505 in IVV.
Which pays a higher dividend, CGV or IVV?
CGV yields 4.63% while IVV yields 1.06%, so CGV currently pays the higher dividend yield.
Is IVV better than CGV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. CGV is less concentrated, with 21.5% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.