COWS vs IVV
Amplify Cash Flow Dividend Leaders ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. COWS delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | COWS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.03% | |
| AUM | $43M | $907.0B | |
| Dividend Yield | 1.53% | 1.10% | |
| Holdings | 42 | 508 | |
| YTD Return | +21.10% | +14.29% | |
| 1Y Return | +31.38% | +21.79% | |
| 3Y Return (annualized) | +20.15% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 15.9% | 15.1% | |
| Max Drawdown | -24.8% | -56.5% | |
| Fund Family | Amplify ETFs | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 13, 2023 | May 15, 2000 |
COWS vs IVV Performance
Amplify Cash Flow Dividend Leaders ETF (COWS) is a ETF from Amplify ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year COWS returned +31.38% while IVV returned +21.79%. Year to date, COWS is up 21.10% versus a gain of 14.29% for IVV.
Over three years, COWS compounded at +20.15% per year against +22.19% for IVV. Across the full 3-year window we track, COWS has the edge at +20.15% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
COWS has been the more volatile fund, with annualized monthly volatility of 15.9% 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 -24.8% for COWS 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
COWS charges 0.19% per year while IVV charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, COWS currently yields 1.53% against 1.10% for IVV.
Holdings Overlap
COWS and IVV share 24 holdings out of 522 unique holdings combined, representing a 1.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, COWS or IVV?
COWS has an expense ratio of 0.19% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, COWS or IVV?
Over the past year COWS returned +31.38% vs +21.79% for IVV, so COWS leads on 1-year performance. Over the longest common window we track (3 years), COWS annualized +20.15% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, COWS or IVV?
COWS has been the more volatile fund at 15.9% annualized versus 15.1% for IVV. Worst drawdown: COWS -24.8% vs IVV -56.5%.
Should I hold both COWS and IVV?
COWS and IVV have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between COWS and IVV?
COWS and IVV share 24 common holdings with a 1.8% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, COWS or IVV?
COWS yields 1.53% while IVV yields 1.10%, so COWS currently pays the higher dividend yield.
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