CGUI vs IVV
CGUI vs IVV
Capital Group Ultra Short Income 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 | CGUI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.03% | |
| AUM | $318M | $865.2B | |
| Dividend Yield | 3.83% | 1.09% | |
| Holdings | 330 | 508 | |
| YTD Return | +2.20% | +13.52% | |
| 1Y Return | +4.08% | +23.63% | |
| 3Y Return (annualized) | - | +21.26% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 0.5% | 15.1% | |
| Max Drawdown | -0.2% | -56.5% | |
| Fund Family | Capital Group (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 25, 2024 | May 15, 2000 |
CGUI vs IVV Performance
Capital Group Ultra Short Income ETF (CGUI) 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 CGUI returned +4.08% while IVV returned +23.63%. Year to date, CGUI is up 2.20% versus a gain of 13.52% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 0.5% for CGUI. 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 -0.2% for CGUI 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 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CGUI charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, CGUI currently yields 3.83% against 1.09% for IVV.
Holdings Overlap
CGUI and IVV share 0 holdings out of 675 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, CGUI or IVV?
CGUI has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, CGUI or IVV?
Over the past year CGUI returned +4.08% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CGUI annualized +4.90% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, CGUI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 0.5% for CGUI. Worst drawdown: CGUI -0.2% vs IVV -56.5%.
Should I hold both CGUI and IVV?
CGUI and IVV have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CGUI and IVV?
CGUI and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 675 unique securities.
Which pays a higher dividend, CGUI or IVV?
CGUI yields 3.83% while IVV yields 1.09%, so CGUI currently pays the higher dividend yield.
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