Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. CSF offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: CSF

Side-by-Side Comparison

MetricCSFIVVWinner
Expense Ratio0.41%0.03%
AUM$26M$865.2B
Dividend Yield1.51%1.09%
Holdings508508
YTD Return-6.58%+13.80%
1Y Return+4.25%+23.70%
3Y Return (annualized)-2.15%+21.49%
5Y Return (annualized)+10.06%+13.43%
Volatility (annualized)16.1%15.1%
Max Drawdown-35.9%-56.5%
Fund FamilyVictory Capital Management Inc.iShares by BlackRock (US)
CategoryEquityEquity
InceptionJul 31, 2014May 15, 2000

CSF vs IVV Performance

VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) is a ETF from Victory Capital Management Inc. and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CSF returned +4.25% while IVV returned +23.70%. Year to date, CSF is down 6.58% versus a gain of 13.80% for IVV.

Over three years, CSF compounded at -2.15% per year against +21.49% for IVV; over five years the annualized figures are +10.06% and +13.43% respectively. Across the full 11-year window we track, IVV has the edge at +7.05% annualized vs +5.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CSF has been the more volatile fund, with annualized monthly volatility of 16.1% 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 -35.9% for CSF 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CSF charges 0.41% per year while IVV charges 0.03%. On a $10,000 position that is $41 vs $3 annually, a gap of $38 per year that compounds over a long holding period. On income, CSF currently yields 1.51% against 1.09% for IVV.

Frequently Asked Questions

Which is cheaper, CSF or IVV?

CSF has an expense ratio of 0.41% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $38 per year of difference.

Which performed better, CSF or IVV?

Over the past year CSF returned +4.25% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), CSF annualized +5.02% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, CSF or IVV?

CSF has been the more volatile fund at 16.1% annualized versus 15.1% for IVV. Worst drawdown: CSF -35.9% vs IVV -56.5%.

Should I hold both CSF and IVV?

CSF and IVV have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, CSF or IVV?

CSF yields 1.51% while IVV yields 1.09%, so CSF currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.