CTEC vs IVV
Global X ClimateTech ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. CTEC delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CTEC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $24M | $865.2B | |
| Dividend Yield | 0.55% | 1.09% | |
| Holdings | 43 | 508 | |
| YTD Return | +3.70% | +13.80% | |
| 1Y Return | +42.21% | +23.01% | |
| 3Y Return (annualized) | -2.98% | +21.77% | |
| 5Y Return (annualized) | -10.01% | +13.39% | |
| Volatility (annualized) | 39.6% | 15.1% | |
| Max Drawdown | -81.6% | -56.5% | |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 27, 2020 | May 15, 2000 |
CTEC vs IVV Performance
Global X ClimateTech ETF (CTEC) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CTEC returned +42.21% while IVV returned +23.01%. Year to date, CTEC is up 3.70% versus a gain of 13.80% for IVV.
Over three years, CTEC compounded at -2.98% per year against +21.77% for IVV; over five years the annualized figures are -10.01% and +13.39% respectively. Across the full 6-year window we track, IVV has the edge at +7.04% annualized vs -4.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CTEC has been the more volatile fund, with annualized monthly volatility of 39.6% 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 -81.6% for CTEC 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
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 0.55% against 1.09% for IVV.
Holdings Overlap
CTEC and IVV share 1 holdings out of 544 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CTEC | Weight in IVV | Difference |
|---|---|---|---|
| FSLR | 6.09% | 0.03% | 6.06% |
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. On a $10,000 investment, that is $47 per year of difference.
Which performed better, CTEC or IVV?
Over the past year CTEC returned +42.21% vs +23.01% for IVV, so CTEC leads on 1-year performance. Over the longest common window we track (6 years), CTEC annualized -4.20% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, CTEC or IVV?
CTEC has been the more volatile fund at 39.6% annualized versus 15.1% for IVV. Worst drawdown: CTEC -81.6% vs IVV -56.5%.
Should I hold both CTEC and IVV?
CTEC and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CTEC and IVV?
CTEC and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 544 unique securities.
Which pays a higher dividend, CTEC or IVV?
CTEC yields 0.55% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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