CPLB vs IVV
NYLI MacKay Core Plus Bond ETF vs iShares Core S&P 500 ETF
Which is better, CPLB or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | CPLB | IVV |
|---|---|---|
| Expense Ratio | 0.30% | 0.03%Best |
| AUM | $402M | $886.7B |
| Dividend Yield | 5.98% | 1.10% |
| Holdings | 966 | 508 |
| YTD Return | +0.83% | +13.39%Best |
| 1Y Return | +2.10% | +20.08%Best |
| 3Y Return (annualized) | +5.79% | +21.29%Best |
| 5Y Return (annualized) | +0.48% | +12.88%Best |
| Volatility (annualized) | 6.5%Best | 15.6% |
| Max Drawdown | -19.0%Best | -24.5% |
| $10,000 over 5 years | $10,242 | $18,327Best |
| Fund Family | INDEXIQ ETF TRUST | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Jun 29, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 4, 2026 (5.2 years).
CPLB 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 5.2 years both funds cover.
CPLB vs IVV Performance
NYLI MacKay Core Plus Bond ETF (CPLB) is an ETF from INDEXIQ ETF TRUST and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CPLB returned +2.10% while IVV returned +20.08%. Year to date, CPLB is up 0.83% versus a gain of 13.39% for IVV.
Over three years, CPLB compounded at +5.79% per year against +21.29% for IVV; over five years the annualized figures are +0.48% and +12.88% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 6.5% for CPLB. 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 -19.0% for CPLB and -24.5% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CPLB charges 0.30% per year while IVV charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, CPLB currently yields 5.98% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 438 holdings in CPLB and 505 in IVV, totalling 36.9% and 100.0% 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 438 positions we hold weights for in CPLB and 505 in IVV, against full books of 966 and 508.
You are not choosing between two funds in isolation.
Whichever of CPLB 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, CPLB or IVV?
CPLB has an expense ratio of 0.30% while IVV charges 0.03%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, CPLB or IVV?
Over the past year CPLB returned +2.10% vs +20.08% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPLB or IVV?
IVV has been the more volatile fund at 15.6% annualized versus 6.5% for CPLB. Worst drawdown: CPLB -19.0% vs IVV -24.5%.
Should I hold both CPLB and IVV?
CPLB and IVV have a monthly-return correlation of 0.67, 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, CPLB or IVV?
CPLB yields 5.98% while IVV yields 1.10%, so CPLB currently pays the higher dividend yield.
Is IVV better than CPLB?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.