IVV vs RMCA
iShares Core S&P 500 ETF vs Rockefeller California Municipal Bond ETF
Which is better, IVV or RMCA?
Large Cap Blend against Municipal California.
IVV has a lower expense ratio. IVV led over 1Y 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 | RMCA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.55% |
| AUM | $876.4B | $19M |
| Dividend Yield | 1.06% | 4.87% |
| Holdings | 508 | 87 |
| YTD Return | +12.39%Best | -1.21% |
| 1Y Return | +16.61%Best | +0.13% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.4% | 5.1%Best |
| Max Drawdown | -18.8% | -6.3%Best |
| $10,000 over 2.1 years | $14,445Best | $10,080 |
| Fund Family | iShares by BlackRock (US) | Rockefeller Capital Management |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal California |
| Inception | May 15, 2000 | Aug 12, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 13, 2024 to Sep 18, 2026 (2.1 years).
IVV vs RMCA 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 2.1 years both funds cover.
IVV vs RMCA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Rockefeller California Municipal Bond ETF (RMCA) is an ETF from Rockefeller Capital Management. Over the past year IVV returned +16.61% while RMCA returned +0.13%. Year to date, IVV is up 12.39% versus a loss of 1.21% for RMCA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 5.1% for RMCA. 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 -6.3% for RMCA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while RMCA charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.87% for RMCA.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 22 in RMCA, totalling 99.3% and 24.3% 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 490 positions we hold weights for in IVV and 22 in RMCA, against full books of 508 and 87.
You are not choosing between two funds in isolation.
Whichever of IVV and RMCA 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 RMCA?
IVV has an expense ratio of 0.03% while RMCA charges 0.55%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IVV or RMCA?
Over the past year IVV returned +16.61% vs +0.13% for RMCA, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +19.14% vs +0.38% for RMCA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or RMCA?
IVV has been the more volatile fund at 12.4% annualized versus 5.1% for RMCA. Worst drawdown: IVV -18.8% vs RMCA -6.3%.
Should I hold both IVV and RMCA?
IVV and RMCA have a monthly-return correlation of 0.44, 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 RMCA?
IVV yields 1.06% while RMCA yields 4.87%, so RMCA currently pays the higher dividend yield.
Is RMCA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.