CSMD vs IVV
Congress SMid Growth ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CSMD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.03% | |
| AUM | $459M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 46 | 508 | |
| YTD Return | +12.37% | +13.72% | |
| 1Y Return | +11.03% | +21.64% | |
| 3Y Return (annualized) | +13.14% | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 19.0% | 15.1% | |
| Max Drawdown | -22.5% | -56.5% | |
| Fund Family | Congress Asset Management Company | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Aug 22, 2023 | May 15, 2000 |
CSMD vs IVV Performance
Congress SMid Growth ETF (CSMD) is a ETF from Congress Asset Management Company and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CSMD returned +11.03% while IVV returned +21.64%. Year to date, CSMD is up 12.37% versus a gain of 13.72% for IVV.
Over three years, CSMD compounded at +13.14% per year against +21.55% for IVV. Across the full 3-year window we track, CSMD has the edge at +13.14% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CSMD has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -22.5% for CSMD 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CSMD charges 0.68% per year while IVV charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, CSMD currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
CSMD and IVV share 3 holdings out of 549 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CSMD or IVV?
CSMD has an expense ratio of 0.68% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $65 per year of difference.
Which performed better, CSMD or IVV?
Over the past year CSMD returned +11.03% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), CSMD annualized +13.14% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, CSMD or IVV?
CSMD has been the more volatile fund at 19.0% annualized versus 15.1% for IVV. Worst drawdown: CSMD -22.5% vs IVV -56.5%.
Should I hold both CSMD and IVV?
CSMD and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CSMD and IVV?
CSMD and IVV share 3 common holdings with a 0.1% weight overlap. Combined, they hold 549 unique securities.
Which pays a higher dividend, CSMD or IVV?
CSMD yields 0.00% while IVV yields 1.09%, so IVV 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.