CLOI vs IVV
VanEck CLO ETF vs iShares Core S&P 500 ETF
Which is better, CLOI or IVV?
Investment Grade Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | CLOI | IVV |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $1.5B | $876.4B |
| Dividend Yield | 5.20% | 1.06% |
| Holdings | 183 | 508 |
| YTD Return | +3.51% | +11.03%Best |
| 1Y Return | +5.17% | +15.62%Best |
| 3Y Return (annualized) | +6.41% | +20.81%Best |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 1.6%Best | 14.7% |
| Max Drawdown | -3.3%Best | -18.8% |
| $10,000 over 4.2 years | $13,172 | $20,984Best |
| Fund Family | VanEck | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Blend |
| Inception | Jun 21, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jun 23, 2022 to Sep 16, 2026 (4.2 years).
CLOI 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.
CLOI vs IVV Performance
VanEck CLO ETF (CLOI) is an ETF from VanEck and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CLOI returned +5.17% while IVV returned +15.62%. Year to date, CLOI is up 3.51% versus a gain of 11.03% for IVV.
Over three years, CLOI compounded at +6.41% per year against +20.81% for IVV. Across the full 4-year window we track, IVV has the edge at +19.30% annualized vs +6.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 1.6% for CLOI. 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 -3.3% for CLOI 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 0.26. They move largely independently of each other.
Fees and Cost Over Time
CLOI charges 0.36% per year while IVV charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, CLOI currently yields 5.20% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 11 holdings in CLOI and 490 in IVV, totalling 5.4% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 11 positions we hold weights for in CLOI and 490 in IVV, against full books of 183 and 508.
You are not choosing between two funds in isolation.
Whichever of CLOI 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, CLOI or IVV?
CLOI has an expense ratio of 0.36% while IVV charges 0.03%. IVV is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, CLOI or IVV?
Over the past year CLOI returned +5.17% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), CLOI annualized +6.78% vs +19.30% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLOI or IVV?
IVV has been the more volatile fund at 14.7% annualized versus 1.6% for CLOI. Worst drawdown: CLOI -3.3% vs IVV -18.8%.
Should I hold both CLOI and IVV?
CLOI and IVV have a monthly-return correlation of 0.26, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CLOI or IVV?
CLOI yields 5.20% while IVV yields 1.06%, so CLOI currently pays the higher dividend yield.
Is IVV better than CLOI?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.