CPER vs IVV
United States Copper Index Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CPER delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CPER | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.88% | 0.03% | |
| AUM | $738M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 10 | 508 | |
| YTD Return | +14.87% | +13.80% | |
| 1Y Return | +45.11% | +23.01% | |
| 3Y Return (annualized) | +20.31% | +21.77% | |
| 5Y Return (annualized) | +8.54% | +13.39% | |
| Volatility (annualized) | 19.7% | 15.1% | |
| Max Drawdown | -54.0% | -56.5% | |
| Fund Family | USCF Investments | iShares by BlackRock (US) | |
| Category | Commodity | Equity | |
| Inception | Nov 14, 2011 | May 15, 2000 |
CPER vs IVV Performance
United States Copper Index Fund (CPER) is a ETF from USCF Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CPER returned +45.11% while IVV returned +23.01%. Year to date, CPER is up 14.87% versus a gain of 13.80% for IVV.
Over three years, CPER compounded at +20.31% per year against +21.77% for IVV; over five years the annualized figures are +8.54% and +13.39% respectively. Across the full 15-year window we track, IVV has the edge at +7.04% annualized vs +3.22%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPER has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -54.0% for CPER 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CPER charges 0.88% per year while IVV charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, CPER currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
CPER and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CPER or IVV?
CPER has an expense ratio of 0.88% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, CPER or IVV?
Over the past year CPER returned +45.11% vs +23.01% for IVV, so CPER leads on 1-year performance. Over the longest common window we track (15 years), CPER annualized +3.22% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, CPER or IVV?
CPER has been the more volatile fund at 19.7% annualized versus 15.1% for IVV. Worst drawdown: CPER -54.0% vs IVV -56.5%.
Should I hold both CPER and IVV?
CPER and IVV have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CPER and IVV?
CPER and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, CPER or IVV?
CPER yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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