CMDY vs IVV
iShares Bloomberg Roll Select Commodity Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CMDY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | CMDY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.03% | |
| AUM | $627M | $907.0B | |
| Dividend Yield | 10.67% | 1.10% | |
| Holdings | 83 | 508 | |
| YTD Return | +24.11% | +14.29% | |
| 1Y Return | +37.35% | +21.79% | |
| 3Y Return (annualized) | +13.82% | +22.19% | |
| 5Y Return (annualized) | +10.34% | +13.28% | |
| Volatility (annualized) | 13.8% | 15.1% | |
| Max Drawdown | -31.2% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Commodity | Equity | |
| Inception | Apr 3, 2018 | May 15, 2000 |
CMDY vs IVV Performance
iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CMDY returned +37.35% while IVV returned +21.79%. Year to date, CMDY is up 24.11% versus a gain of 14.29% for IVV.
Over three years, CMDY compounded at +13.82% per year against +22.19% for IVV; over five years the annualized figures are +10.34% and +13.28% respectively. Across the full 8-year window we track, CMDY has the edge at +7.84% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.8% for CMDY. 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 -31.2% for CMDY 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CMDY charges 0.28% per year while IVV charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, CMDY currently yields 10.67% against 1.10% for IVV.
Holdings Overlap
CMDY and IVV share 1 holdings out of 505 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CMDY | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 3.22% | 0.15% | 3.07% |
Frequently Asked Questions
Which is cheaper, CMDY or IVV?
CMDY has an expense ratio of 0.28% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, CMDY or IVV?
Over the past year CMDY returned +37.35% vs +21.79% for IVV, so CMDY leads on 1-year performance. Over the longest common window we track (8 years), CMDY annualized +7.84% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, CMDY or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.8% for CMDY. Worst drawdown: CMDY -31.2% vs IVV -56.5%.
Should I hold both CMDY and IVV?
CMDY and IVV have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CMDY and IVV?
CMDY and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, CMDY or IVV?
CMDY yields 10.67% while IVV yields 1.10%, so CMDY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.