DBMF vs IVV
iMGP DBi Managed Futures Strategy ETF vs iShares Core S&P 500 ETF
Which is better, DBMF or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. DBMF led over 1Y, IVV over 3Y, 5Y and the full window.
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 | DBMF | IVV |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $2.1B | $876.4B |
| Dividend Yield | 5.03% | 1.06% |
| Holdings | 12 | 508 |
| YTD Return | +15.53%Best | +12.39% |
| 1Y Return | +25.41%Best | +16.61% |
| 3Y Return (annualized) | +9.72% | +21.38%Best |
| 5Y Return (annualized) | +9.99% | +13.51%Best |
| Volatility (annualized) | 11.6%Best | 16.4% |
| Max Drawdown | -20.4%Best | -33.9% |
| $10,000 over 5 years | $16,098 | $18,844Best |
| Fund Family | iMGP Funds | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | May 7, 2019 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 8, 2019 to Sep 18, 2026 (7.4 years).
DBMF 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 7.4 years both funds cover.
DBMF vs IVV Performance
iMGP DBi Managed Futures Strategy ETF (DBMF) is an ETF from iMGP Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DBMF returned +25.41% while IVV returned +16.61%. Year to date, DBMF is up 15.53% versus a gain of 12.39% for IVV.
Over three years, DBMF compounded at +9.72% per year against +21.38% for IVV; over five years the annualized figures are +9.99% and +13.51% respectively. Across the full 7-year window we track, IVV has the edge at +15.34% annualized vs +8.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 11.6% for DBMF. 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 -20.4% for DBMF and -33.9% 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 -0.15. They move largely independently of each other.
Fees and Cost Over Time
DBMF charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, DBMF currently yields 5.03% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of DBMF 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, DBMF or IVV?
DBMF has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, DBMF or IVV?
Over the past year DBMF returned +25.41% vs +16.61% for IVV, so DBMF leads on 1-year performance. Over the longest common window we track (7 years), DBMF annualized +8.19% vs +15.34% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBMF or IVV?
IVV has been the more volatile fund at 16.4% annualized versus 11.6% for DBMF. Worst drawdown: DBMF -20.4% vs IVV -33.9%.
Should I hold both DBMF and IVV?
DBMF and IVV have a monthly-return correlation of -0.15, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBMF or IVV?
DBMF yields 5.03% while IVV yields 1.06%, so DBMF currently pays the higher dividend yield.
Is IVV better than DBMF?
IVV has a lower expense ratio. DBMF led over 1Y, IVV over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.