IVV vs RNMN
iShares Core S&P 500 ETF vs RiverNorth Market Neutral ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | RNMN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.59% | |
| AUM | $907.0B | $7M | |
| Dividend Yield | 1.10% | 9.66% | |
| Holdings | 508 | 177 | |
| YTD Return | +12.96% | +0.00% | |
| 1Y Return | +20.70% | - | |
| 3Y Return (annualized) | +22.10% | - | |
| 5Y Return (annualized) | +13.40% | - | |
| Volatility (annualized) | 15.1% | - | |
| Max Drawdown | -56.5% | -0.5% | |
| Fund Family | iShares by BlackRock (US) | TrueShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 11, 2022 |
IVV vs RNMN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and RiverNorth Market Neutral ETF (RNMN) is a ETF from TrueShares. Year to date, IVV is up 12.96% versus a gain of 0.00% for RNMN.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -56.5% for IVV and -0.5% for RNMN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
IVV charges 0.03% per year while RNMN charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 9.66% for RNMN.
Holdings Overlap
IVV and RNMN share 1 holdings out of 591 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RNMN | Difference |
|---|---|---|---|
| STT | 0.08% | 4.79% | 4.71% |
Frequently Asked Questions
Which is cheaper, IVV or RNMN?
IVV has an expense ratio of 0.03% while RNMN charges 0.59%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
What is the holdings overlap between IVV and RNMN?
IVV and RNMN share 1 common holdings with a 0.1% weight overlap. Combined, they hold 591 unique securities.
Which pays a higher dividend, IVV or RNMN?
IVV yields 1.10% while RNMN yields 9.66%, so RNMN currently pays the higher dividend yield.
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