CXSE vs IVV
WisdomTree China ex-State-Owned Enterprises Fund 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 508 holdings.
Side-by-Side Comparison
| Metric | CXSE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.32% | 0.03% | |
| AUM | $495M | $907.0B | |
| Dividend Yield | 1.52% | 1.10% | |
| Holdings | 257 | 508 | |
| YTD Return | -7.19% | +12.28% | |
| 1Y Return | +0.07% | +20.94% | |
| 3Y Return (annualized) | +10.16% | +21.81% | |
| 5Y Return (annualized) | -4.69% | +13.05% | |
| Volatility (annualized) | 24.9% | 15.1% | |
| Max Drawdown | -70.0% | -56.5% | |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 19, 2012 | May 15, 2000 |
CXSE vs IVV Performance
WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is a ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CXSE returned +0.07% while IVV returned +20.94%. Year to date, CXSE is down 7.19% versus a gain of 12.28% for IVV.
Over three years, CXSE compounded at +10.16% per year against +21.81% for IVV; over five years the annualized figures are -4.69% and +13.05% respectively. Across the full 14-year window we track, IVV has the edge at +6.98% annualized vs +3.64%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CXSE has been the more volatile fund, with annualized monthly volatility of 24.9% 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 -70.0% for CXSE 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CXSE charges 0.32% per year while IVV charges 0.03%. On a $10,000 position that is $32 vs $3 annually, a gap of $29 per year that compounds over a long holding period. On income, CXSE currently yields 1.52% against 1.10% for IVV.
Holdings Overlap
CXSE and IVV share 0 holdings out of 756 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CXSE or IVV?
CXSE has an expense ratio of 0.32% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, CXSE or IVV?
Over the past year CXSE returned +0.07% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (14 years), CXSE annualized +3.64% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, CXSE or IVV?
CXSE has been the more volatile fund at 24.9% annualized versus 15.1% for IVV. Worst drawdown: CXSE -70.0% vs IVV -56.5%.
Should I hold both CXSE and IVV?
CXSE and IVV have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CXSE and IVV?
CXSE and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 756 unique securities.
Which pays a higher dividend, CXSE or IVV?
CXSE yields 1.52% while IVV yields 1.10%, so CXSE currently pays the higher dividend yield.
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