EMO vs IVV
ClearBridge Energy Midstream Opportunity Fund Inc. vs iShares Core S&P 500 ETF
Which is better, EMO or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. EMO led over 1Y, 3Y and 5Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 73.1%.
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 | EMO | IVV |
|---|---|---|
| Expense Ratio | 3.37% | 0.03%Best |
| AUM | $1.2B | $886.7B |
| Dividend Yield | 7.36% | 1.10% |
| Holdings | 20 | 508 |
| YTD Return | +27.61%Best | +13.39% |
| 1Y Return | +24.26%Best | +20.08% |
| 3Y Return (annualized) | +29.64%Best | +21.29% |
| 5Y Return (annualized) | +30.09%Best | +12.88% |
| Volatility (annualized) | 41.7% | 14.3%Best |
| Max Drawdown | -97.2% | -33.9%Best |
| $10,000 over 5 years | $37,258Best | $18,327 |
| Top 10 Weight | 73.1% | 37.9%Best |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Jun 13, 2011 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 10, 2011 to Sep 4, 2026 (15.2 years).
EMO 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 15.2 years both funds cover.
EMO vs IVV Performance
ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) is an ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EMO returned +24.26% while IVV returned +20.08%. Year to date, EMO is up 27.61% versus a gain of 13.39% for IVV.
Over three years, EMO compounded at +29.64% per year against +21.29% for IVV; over five years the annualized figures are +30.09% and +12.88% respectively. Across the full 15-year window we track, IVV has the edge at +13.10% annualized vs -1.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMO has been the more volatile fund, with annualized monthly volatility of 41.7% compared with 14.3% 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 -97.2% for EMO 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMO charges 3.37% per year while IVV charges 0.03%. On a $10,000 position that is $337 vs $3 annually, a gap of $334 per year that compounds over a long holding period. On income, EMO currently yields 7.36% against 1.10% for IVV.
Holdings Overlap
32.7% of EMO's money is in holdings IVV also owns. 0.4% of IVV's money is in holdings EMO also owns.
The two portfolios partly overlap.
4 positions in common, counted across the 22 positions we hold weights for in EMO and 505 in IVV, against full books of 20 and 508.
What only one of them owns
Our book lists 493 positions for IVV that do not appear in our book for EMO (99.0% of the fund), and 16 for EMO that do not appear in IVV (59.1%).
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.
32.7% of EMO is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMO or IVV?
EMO has an expense ratio of 3.37% while IVV charges 0.03%. IVV is the cheaper option, by $334 a year on a $10,000 investment.
Which performed better, EMO or IVV?
Over the past year EMO returned +24.26% vs +20.08% for IVV, so EMO leads on 1-year performance. Over the longest common window we track (15 years), EMO annualized -1.09% vs +13.10% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMO or IVV?
EMO has been the more volatile fund at 41.7% annualized versus 14.3% for IVV. Worst drawdown: EMO -97.2% vs IVV -33.9%.
Should I hold both EMO and IVV?
EMO and IVV have a monthly-return correlation of 0.61, 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 EMO and IVV?
32.7% of EMO's money is in holdings IVV also owns. 0.4% of IVV's is in holdings EMO also owns. They hold 4 positions in common, counted across the 22 positions we hold weights for in EMO and 505 in IVV.
Which pays a higher dividend, EMO or IVV?
EMO yields 7.36% while IVV yields 1.10%, so EMO currently pays the higher dividend yield.
Is IVV better than EMO?
IVV has a lower expense ratio. EMO led over 1Y, 3Y and 5Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 73.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.