IVV vs RDTE
iShares Core S&P 500 ETF vs Roundhill Russell 2000 0DTE Covered Call Strategy 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 | IVV | RDTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.97% | |
| AUM | $865.2B | $171M | |
| Dividend Yield | 1.09% | 30.85% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.80% | +7.44% | |
| 1Y Return | +23.01% | +16.31% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 17.1% | |
| Max Drawdown | -56.5% | -22.4% | |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 10, 2024 |
IVV vs RDTE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) is a ETF from Roundhill Investments. Over the past year IVV returned +23.01% while RDTE returned +16.31%. Year to date, IVV is up 13.80% versus a gain of 7.44% for RDTE.
Risk: Volatility and Drawdowns
RDTE has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.1% 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 -56.5% for IVV and -22.4% for RDTE. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while RDTE charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 30.85% for RDTE.
Holdings Overlap
IVV and RDTE 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, IVV or RDTE?
IVV has an expense ratio of 0.03% while RDTE charges 0.97%. IVV is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, IVV or RDTE?
Over the past year IVV returned +23.01% vs +16.31% for RDTE, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +21.18% for RDTE. Past performance does not guarantee future results.
Which is riskier, IVV or RDTE?
RDTE has been the more volatile fund at 17.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RDTE -22.4%.
Should I hold both IVV and RDTE?
IVV and RDTE have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RDTE?
IVV and RDTE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or RDTE?
IVV yields 1.09% while RDTE yields 30.85%, so RDTE currently pays the higher dividend yield.
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