IVV vs MAXI
iShares Core S&P 500 ETF vs Simplify Bitcoin Strategy ETF
Which is better, IVV or MAXI?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y, MAXI over 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 | IVV | MAXI |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.31% |
| AUM | $876.4B | $34M |
| Dividend Yield | 1.06% | 27.59% |
| Holdings | 508 | 14 |
| YTD Return | +12.39%Best | +2.77% |
| 1Y Return | +16.61%Best | -41.02% |
| 3Y Return (annualized) | +21.38% | +28.91%Best |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 13.2%Best | 64.9% |
| Max Drawdown | -18.8%Best | -69.8% |
| $10,000 over 4 years | $22,681 | $30,085Best |
| Fund Family | iShares by BlackRock (US) | Simplify Exchange Traded Funds |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Sep 29, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 30, 2022 to Sep 18, 2026 (4 years).
IVV vs MAXI 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 4 years both funds cover.
IVV vs MAXI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Simplify Bitcoin Strategy ETF (MAXI) is an ETF from Simplify Exchange Traded Funds. Over the past year IVV returned +16.61% while MAXI returned -41.02%. Year to date, IVV is up 12.39% versus a gain of 2.77% for MAXI.
Over three years, IVV compounded at +21.38% per year against +28.91% for MAXI. Across the full 4-year window we track, MAXI has the edge at +31.70% annualized vs +22.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAXI has been the more volatile fund, with annualized monthly volatility of 64.9% compared with 13.2% 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 -18.8% for IVV and -69.8% for MAXI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MAXI charges 1.31%. On a $10,000 position that is $3 vs $131 annually, a gap of $128 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 27.59% for MAXI.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in MAXI, totalling 99.3% and 45.5% 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 490 positions we hold weights for in IVV and 1 in MAXI, against full books of 508 and 14.
You are not choosing between two funds in isolation.
Whichever of IVV and MAXI 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, IVV or MAXI?
IVV has an expense ratio of 0.03% while MAXI charges 1.31%. IVV is the cheaper option, by $128 a year on a $10,000 investment.
Which performed better, IVV or MAXI?
Over the past year IVV returned +16.61% vs -41.02% for MAXI, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +22.72% vs +31.70% for MAXI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MAXI?
MAXI has been the more volatile fund at 64.9% annualized versus 13.2% for IVV. Worst drawdown: IVV -18.8% vs MAXI -69.8%.
Should I hold both IVV and MAXI?
IVV and MAXI have a monthly-return correlation of 0.37, 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, IVV or MAXI?
IVV yields 1.06% while MAXI yields 27.59%, so MAXI currently pays the higher dividend yield.
Is MAXI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, MAXI over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.