HIGH vs IVV
Simplify Enhanced Income ETF 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 505 holdings.
Side-by-Side Comparison
| Metric | HIGH | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $69M | $865.2B | |
| Dividend Yield | 7.09% | 1.09% | |
| Holdings | 10 | 508 | |
| YTD Return | +1.67% | +13.80% | |
| 1Y Return | +0.87% | +23.70% | |
| 3Y Return (annualized) | +3.36% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 6.3% | 15.1% | |
| Max Drawdown | -9.5% | -56.5% | |
| Fund Family | Simplify Exchange Traded Funds | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 27, 2022 | May 15, 2000 |
HIGH vs IVV Performance
Simplify Enhanced Income ETF (HIGH) is a ETF from Simplify Exchange Traded Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HIGH returned +0.87% while IVV returned +23.70%. Year to date, HIGH is up 1.67% versus a gain of 13.80% for IVV.
Over three years, HIGH compounded at +3.36% per year against +21.49% for IVV. Across the full 4-year window we track, IVV has the edge at +7.05% annualized vs +4.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.3% for HIGH. 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 -9.5% for HIGH 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HIGH 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, HIGH currently yields 7.09% against 1.09% for IVV.
Holdings Overlap
HIGH and IVV share 0 holdings out of 506 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, HIGH or IVV?
HIGH 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, HIGH or IVV?
Over the past year HIGH returned +0.87% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), HIGH annualized +4.10% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, HIGH or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.3% for HIGH. Worst drawdown: HIGH -9.5% vs IVV -56.5%.
Should I hold both HIGH and IVV?
HIGH and IVV have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HIGH and IVV?
HIGH and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, HIGH or IVV?
HIGH yields 7.09% while IVV yields 1.09%, so HIGH currently pays the higher dividend yield.
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