CGCV vs IVV
CGCV vs IVV
Capital Group Conservative Equity ETF vs iShares Core S&P 500 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 | CGCV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.03% | |
| AUM | $1.9B | $865.2B | |
| Dividend Yield | 1.45% | 1.09% | |
| Holdings | 74 | 508 | |
| YTD Return | +9.56% | +11.54% | |
| 1Y Return | +16.15% | +21.48% | |
| 3Y Return (annualized) | - | +20.86% | |
| 5Y Return (annualized) | - | +13.02% | |
| Volatility (annualized) | 9.8% | 15.1% | |
| Max Drawdown | -13.1% | -56.5% | |
| Fund Family | Capital Group (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2024 | May 15, 2000 |
CGCV vs IVV Performance
Capital Group Conservative Equity ETF (CGCV) is a ETF from Capital Group (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CGCV returned +16.15% while IVV returned +21.48%. Year to date, CGCV is up 9.56% versus a gain of 11.54% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.8% for CGCV. 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 -13.1% for CGCV and -56.5% for IVV. 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGCV charges 0.33% per year while IVV charges 0.03%. On a $10,000 position that is $33 vs $3 annually, a gap of $30 per year that compounds over a long holding period. On income, CGCV currently yields 1.45% against 1.09% for IVV.
Holdings Overlap
CGCV and IVV share 65 holdings out of 513 unique holdings combined, representing a 35.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in CGCV | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 3.02% | 7.44% | 4.42% |
| MSFT | 4.79% | 4.57% | 0.22% |
| NVDA | 1.18% | 7.76% | 6.58% |
| AVGO | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| PM | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings CGCV shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, CGCV or IVV?
CGCV has an expense ratio of 0.33% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, CGCV or IVV?
Over the past year CGCV returned +16.15% vs +21.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CGCV annualized +16.61% vs +6.97% for IVV. Past performance does not guarantee future results.
Which is riskier, CGCV or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 9.8% for CGCV. Worst drawdown: CGCV -13.1% vs IVV -56.5%.
Should I hold both CGCV and IVV?
CGCV and IVV have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGCV and IVV?
CGCV and IVV share 65 common holdings with a 35.4% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, CGCV or IVV?
CGCV yields 1.45% while IVV yields 1.09%, so CGCV currently pays the higher dividend yield.
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