CTEC vs IVV
Global X ClimateTech ETF vs iShares Core S&P 500 ETF
Which is better, CTEC or IVV?
All Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. CTEC led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 58.6%.
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 | CTEC | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $26M | $886.7B |
| Dividend Yield | 0.66% | 1.10% |
| Holdings | 45 | 508 |
| YTD Return | +4.19% | +13.39%Best |
| 1Y Return | +35.38%Best | +20.08% |
| 3Y Return (annualized) | -0.92% | +21.29%Best |
| 5Y Return (annualized) | -9.80% | +12.88%Best |
| Volatility (annualized) | 39.3% | 15.4%Best |
| Max Drawdown | -81.6% | -24.5%Best |
| $10,000 over 5 years | $5,971 | $18,327Best |
| Top 10 Weight | 58.6% | 37.9%Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Oct 27, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Oct 29, 2020 to Sep 4, 2026 (5.8 years).
CTEC 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 5.8 years both funds cover.
CTEC vs IVV Performance
Global X ClimateTech ETF (CTEC) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CTEC returned +35.38% while IVV returned +20.08%. Year to date, CTEC is up 4.19% versus a gain of 13.39% for IVV.
Over three years, CTEC compounded at -0.92% per year against +21.29% for IVV; over five years the annualized figures are -9.80% and +12.88% respectively. Across the full 6-year window we track, IVV has the edge at +17.15% annualized vs -4.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CTEC has been the more volatile fund, with annualized monthly volatility of 39.3% compared with 15.4% 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 -81.6% for CTEC 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CTEC charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, CTEC currently yields 0.66% against 1.10% for IVV.
Holdings Overlap
7.4% of CTEC's money is in holdings IVV also owns.
CTEC and IVV share little of their money.
1 positions in common, counted across the 40 positions we hold weights for in CTEC and 505 in IVV, against full books of 45 and 508.
What only one of them owns
Our book lists 496 positions for IVV that do not appear in our book for CTEC (99.3% of the fund), and 15 for CTEC that do not appear in IVV (35.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CTEC | Weight in IVV | Difference |
|---|---|---|---|
| FSLRFirst Solar, Inc | 7.43% | 0.04% | 7.39% |
You are not choosing between two funds in isolation.
Whichever of CTEC 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, CTEC or IVV?
CTEC has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CTEC or IVV?
Over the past year CTEC returned +35.38% vs +20.08% for IVV, so CTEC leads on 1-year performance. Over the longest common window we track (6 years), CTEC annualized -4.08% vs +17.15% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CTEC or IVV?
CTEC has been the more volatile fund at 39.3% annualized versus 15.4% for IVV. Worst drawdown: CTEC -81.6% vs IVV -24.5%.
Should I hold both CTEC and IVV?
CTEC and IVV have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CTEC and IVV?
7.4% of CTEC's money is in holdings IVV also owns. 0.0% of IVV's is in holdings CTEC also owns. They hold 1 positions in common, counted across the 40 positions we hold weights for in CTEC and 505 in IVV.
Which pays a higher dividend, CTEC or IVV?
CTEC yields 0.66% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than CTEC?
IVV has a lower expense ratio. CTEC led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.