IVV vs OPER
iShares Core S&P 500 ETF vs Clearshares Ultra-Short Maturity ETF
Which is better, IVV or OPER?
Large Cap Blend against Ultrashort Term Bond.
IVV has a lower expense ratio. IVV led over 1Y, 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 | IVV | OPER |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.20% |
| AUM | $876.4B | $115M |
| Dividend Yield | 1.06% | 4.21% |
| Holdings | 508 | 3 |
| YTD Return | +12.27%Best | +2.64% |
| 1Y Return | +17.04%Best | +3.88% |
| 3Y Return (annualized) | +21.24%Best | +4.48% |
| 5Y Return (annualized) | +13.08%Best | +3.76% |
| Volatility (annualized) | 16.7% | 0.7%Best |
| Max Drawdown | -33.9% | -3.0%Best |
| $10,000 over 5 years | $18,490Best | $12,027 |
| Fund Family | iShares by BlackRock (US) | ClearShares ETFs |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Ultrashort Term Bond |
| Inception | May 15, 2000 | Jul 10, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 11, 2018 to Sep 17, 2026 (8.2 years).
IVV vs OPER 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs OPER Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Clearshares Ultra-Short Maturity ETF (OPER) is an ETF from ClearShares ETFs. Over the past year IVV returned +17.04% while OPER returned +3.88%. Year to date, IVV is up 12.27% versus a gain of 2.64% for OPER.
Over three years, IVV compounded at +21.24% per year against +4.48% for OPER; over five years the annualized figures are +13.08% and +3.76% respectively. Across the full 8-year window we track, IVV has the edge at +14.21% annualized vs +2.32%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 0.7% for OPER. 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 -33.9% for IVV and -3.0% for OPER. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.12. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while OPER charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.21% for OPER.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 1 in OPER, totalling 99.3% and 0.0% 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 OPER, against full books of 508 and 3.
You are not choosing between two funds in isolation.
Whichever of IVV and OPER 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 OPER?
IVV has an expense ratio of 0.03% while OPER charges 0.20%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, IVV or OPER?
Over the past year IVV returned +17.04% vs +3.88% for OPER, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.21% vs +2.32% for OPER. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OPER?
IVV has been the more volatile fund at 16.7% annualized versus 0.7% for OPER. Worst drawdown: IVV -33.9% vs OPER -3.0%.
Should I hold both IVV and OPER?
IVV and OPER have a monthly-return correlation of 0.12, 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 OPER?
IVV yields 1.06% while OPER yields 4.21%, so OPER currently pays the higher dividend yield.
Is OPER better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.