CLOD vs IVV
Themes Cloud Computing ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CLOD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $2M | $865.2B | |
| Dividend Yield | 1.54% | 1.09% | |
| Holdings | 107 | 508 | |
| YTD Return | +8.21% | +13.72% | |
| 1Y Return | +4.19% | +21.64% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 23.9% | 15.1% | |
| Max Drawdown | -31.4% | -56.5% | |
| Fund Family | Themes ETFs | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 15, 2023 | May 15, 2000 |
CLOD vs IVV Performance
Themes Cloud Computing ETF (CLOD) is a ETF from Themes ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CLOD returned +4.19% while IVV returned +21.64%. Year to date, CLOD is up 8.21% versus a gain of 13.72% for IVV.
Risk: Volatility and Drawdowns
CLOD has been the more volatile fund, with annualized monthly volatility of 23.9% 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 -31.4% for CLOD 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.54% against 1.09% for IVV.
Holdings Overlap
CLOD and IVV share 22 holdings out of 534 unique holdings combined, representing a 13.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $32 per year of difference.
Which performed better, CLOD or IVV?
Over the past year CLOD returned +4.19% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), CLOD annualized +12.97% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, CLOD or IVV?
CLOD has been the more volatile fund at 23.9% annualized versus 15.1% for IVV. Worst drawdown: CLOD -31.4% vs IVV -56.5%.
Should I hold both CLOD and IVV?
CLOD and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CLOD and IVV?
CLOD and IVV share 22 common holdings with a 13.5% weight overlap. Combined, they hold 534 unique securities.
Which pays a higher dividend, CLOD or IVV?
CLOD yields 1.54% while IVV yields 1.09%, so CLOD currently pays the higher dividend yield.
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