CHPY vs IVV
YieldMax Semiconductor Portfolio Option Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CHPY delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CHPY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.03% | 0.03% | |
| AUM | $1.1B | $865.2B | |
| Dividend Yield | 29.14% | 1.09% | |
| Holdings | 104 | 508 | |
| YTD Return | +58.65% | +13.80% | |
| 1Y Return | +102.62% | +23.70% | |
| 3Y Return (annualized) | - | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 38.6% | 15.1% | |
| Max Drawdown | -27.6% | -56.5% | |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 2, 2025 | May 15, 2000 |
CHPY vs IVV Performance
YieldMax Semiconductor Portfolio Option Income ETF (CHPY) is a ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CHPY returned +102.62% while IVV returned +23.70%. Year to date, CHPY is up 58.65% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
CHPY has been the more volatile fund, with annualized monthly volatility of 38.6% 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 -27.6% for CHPY and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CHPY charges 1.03% per year while IVV charges 0.03%. On a $10,000 position that is $103 vs $3 annually, a gap of $100 per year that compounds over a long holding period. On income, CHPY currently yields 29.14% against 1.09% for IVV.
Holdings Overlap
CHPY and IVV share 17 holdings out of 517 unique holdings combined, representing a 15.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CHPY or IVV?
CHPY has an expense ratio of 1.03% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $100 per year of difference.
Which performed better, CHPY or IVV?
Over the past year CHPY returned +102.62% vs +23.70% for IVV, so CHPY leads on 1-year performance. Over the longest common window we track (1 years), CHPY annualized +108.25% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, CHPY or IVV?
CHPY has been the more volatile fund at 38.6% annualized versus 15.1% for IVV. Worst drawdown: CHPY -27.6% vs IVV -56.5%.
Should I hold both CHPY and IVV?
CHPY and IVV have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CHPY and IVV?
CHPY and IVV share 17 common holdings with a 15.1% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, CHPY or IVV?
CHPY yields 29.14% while IVV yields 1.09%, so CHPY currently pays the higher dividend yield.
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