Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricCSREIVVWinner
Expense Ratio0.70%0.03%
AUM$507M$865.2B
Dividend Yield0.63%1.09%
Holdings49508
YTD Return+14.50%+13.80%
1Y Return+15.08%+23.70%
3Y Return (annualized)-+21.49%
5Y Return (annualized)-+13.43%
Volatility (annualized)12.5%15.1%
Max Drawdown-13.0%-56.5%
Fund FamilyCohen & Steers FundsiShares by BlackRock (US)
CategoryEquityEquity
InceptionFeb 3, 2025May 15, 2000

CSRE vs IVV Performance

Cohen & Steers Real Estate Active ETF (CSRE) is a ETF from Cohen & Steers Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CSRE returned +15.08% while IVV returned +23.70%. Year to date, CSRE is up 14.50% versus a gain of 13.80% for IVV.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.5% for CSRE. 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 -13.0% for CSRE 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CSRE charges 0.70% per year while IVV charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, CSRE currently yields 0.63% against 1.09% for IVV.

Holdings Overlap

1.2%overlap

CSRE and IVV share 13 holdings out of 540 unique holdings combined, representing a 1.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CSREWeight in IVVDifference
WELL13.72%0.27%13.45%
DLR8.38%0.10%8.28%
CCI7.79%0.05%7.74%
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Frequently Asked Questions

Which is cheaper, CSRE or IVV?

CSRE has an expense ratio of 0.70% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $67 per year of difference.

Which performed better, CSRE or IVV?

Over the past year CSRE returned +15.08% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CSRE annualized +11.98% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, CSRE or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 12.5% for CSRE. Worst drawdown: CSRE -13.0% vs IVV -56.5%.

Should I hold both CSRE and IVV?

CSRE and IVV have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CSRE and IVV?

CSRE and IVV share 13 common holdings with a 1.2% weight overlap. Combined, they hold 540 unique securities.

Which pays a higher dividend, CSRE or IVV?

CSRE yields 0.63% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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