CLOD vs IVV
Themes Cloud Computing ETF vs iShares Core S&P 500 ETF
Which is better, CLOD or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 46.2%.
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 | CLOD | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $2M | $876.4B |
| Dividend Yield | 1.32% | 1.06% |
| Holdings | 57 | 508 |
| YTD Return | +11.81% | +14.15%Best |
| 1Y Return | -1.33% | +17.31%Best |
| 3Y Return (annualized) | - | +23.17% |
| 5Y Return (annualized) | - | +13.85% |
| Volatility (annualized) | 24.2% | 11.8%Best |
| Max Drawdown | -31.4% | -18.8%Best |
| $10,000 over 2.8 years | $14,351 | $17,156Best |
| Top 10 Weight | 46.2% | 37.8%Best |
| Fund Family | Themes ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 15, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 15, 2023 to Sep 21, 2026 (2.8 years).
CLOD 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 2.8 years both funds cover.
CLOD vs IVV Performance
Themes Cloud Computing ETF (CLOD) is an ETF from Themes ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CLOD returned -1.33% while IVV returned +17.31%. Year to date, CLOD is up 11.81% versus a gain of 14.15% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CLOD has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 11.8% 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 -31.4% for CLOD 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CLOD charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, CLOD currently yields 1.32% against 1.06% for IVV.
Holdings Overlap
66.2% of CLOD's money is in holdings IVV also owns. 15.6% of IVV's money is in holdings CLOD also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 51 positions we hold weights for in CLOD and 490 in IVV, against full books of 57 and 508.
What only one of them owns
Our book lists 459 positions for IVV that do not appear in our book for CLOD (83.0% of the fund), and 24 for CLOD that do not appear in IVV (26.8%).
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 CLOD | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.20% | 5.69% | 0.49% |
| AMZNAmazon.Com Inc | 4.46% | 3.84% | 0.62% |
| GOOGLAlphabet Inc,class A | 3.94% | 3.00% | 0.94% |
| PANWPalo Alto Networks, Inc | 4.88% | 0.47% | 4.41% |
| CRMSalesforce Inc Crm Us Equity | 4.76% | 0.32% | 4.44% |
| CRWDCrowdstrike Holdings Inc | 4.65% | 0.35% | 4.30% |
| ORCLOracle Corp - Common | 4.34% | 0.38% | 3.96% |
| NOWServicenow, Inc | 4.43% | 0.23% | 4.20% |
| ADBEAdobe Systems | 3.68% | 0.18% | 3.50% |
| FTNTFortinet Inc | 3.47% | 0.16% | 3.31% |
66.2% of CLOD is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CLOD or IVV?
CLOD has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, CLOD or IVV?
Over the past year CLOD returned -1.33% vs +17.31% 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, CLOD or IVV?
CLOD has been the more volatile fund at 24.2% annualized versus 11.8% for IVV. Worst drawdown: CLOD -31.4% vs IVV -18.8%.
Should I hold both CLOD and IVV?
CLOD and IVV have a monthly-return correlation of 0.63, 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 CLOD and IVV?
66.2% of CLOD's money is in holdings IVV also owns. 15.6% of IVV's is in holdings CLOD also owns. They hold 23 positions in common, counted across the 51 positions we hold weights for in CLOD and 490 in IVV.
Which pays a higher dividend, CLOD or IVV?
CLOD yields 1.32% while IVV yields 1.06%, so CLOD currently pays the higher dividend yield.
Is IVV better than CLOD?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.