HIGH vs IVV
Simplify Enhanced Income ETF vs iShares Core S&P 500 ETF
Which is better, HIGH or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y 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 | HIGH | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $63M | $876.4B |
| Dividend Yield | 6.55% | 1.06% |
| Holdings | 18 | 508 |
| YTD Return | -0.49% | +12.27%Best |
| 1Y Return | -1.95% | +17.04%Best |
| 3Y Return (annualized) | +2.13% | +21.24%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 6.1%Best | 13.0% |
| Max Drawdown | -9.5%Best | -18.8% |
| $10,000 over 3.9 years | $11,397 | $20,714Best |
| Fund Family | Simplify Exchange Traded Funds | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 27, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 28, 2022 to Sep 17, 2026 (3.9 years).
HIGH 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 3.9 years both funds cover.
HIGH vs IVV Performance
Simplify Enhanced Income ETF (HIGH) is an ETF from Simplify Exchange Traded Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HIGH returned -1.95% while IVV returned +17.04%. Year to date, HIGH is down 0.49% versus a gain of 12.27% for IVV.
Over three years, HIGH compounded at +2.13% per year against +21.24% for IVV. Across the full 4-year window we track, IVV has the edge at +20.53% annualized vs +3.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 6.1% 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 -18.8% 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 0.20. They move largely independently of each other.
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 6.55% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in HIGH and 490 in IVV, totalling 87.9% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in HIGH and 490 in IVV, against full books of 18 and 508.
You are not choosing between two funds in isolation.
Whichever of HIGH 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, HIGH or IVV?
HIGH has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, HIGH or IVV?
Over the past year HIGH returned -1.95% vs +17.04% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), HIGH annualized +3.41% vs +20.53% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIGH or IVV?
IVV has been the more volatile fund at 13.0% annualized versus 6.1% for HIGH. Worst drawdown: HIGH -9.5% vs IVV -18.8%.
Should I hold both HIGH and IVV?
HIGH and IVV have a monthly-return correlation of 0.20, 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, HIGH or IVV?
HIGH yields 6.55% while IVV yields 1.06%, so HIGH currently pays the higher dividend yield.
Is IVV better than HIGH?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.