CIF vs IVV
CIF vs IVV
MFS Intermediate High Income Fund 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 | CIF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 2.05% | 0.03% | |
| AUM | $31M | $865.2B | |
| Dividend Yield | 9.78% | 1.09% | |
| Holdings | 360 | 508 | |
| YTD Return | -1.12% | +13.80% | |
| 1Y Return | +3.67% | +23.70% | |
| 3Y Return (annualized) | +10.23% | +21.49% | |
| 5Y Return (annualized) | -3.54% | +13.43% | |
| Volatility (annualized) | 19.3% | 15.1% | |
| Max Drawdown | -87.0% | -56.5% | |
| Fund Family | MFS Investment Management | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 21, 1988 | May 15, 2000 |
CIF vs IVV Performance
MFS Intermediate High Income Fund (CIF) is a ETF from MFS Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year CIF returned +3.67% while IVV returned +23.70%. Year to date, CIF is down 1.12% versus a gain of 13.80% for IVV.
Over three years, CIF compounded at +10.23% per year against +21.49% for IVV; over five years the annualized figures are -3.54% and +13.43% respectively. Across the full 26-year window we track, IVV has the edge at +7.05% annualized vs -3.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CIF has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -87.0% for CIF 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CIF charges 2.05% per year while IVV charges 0.03%. On a $10,000 position that is $205 vs $3 annually, a gap of $202 per year that compounds over a long holding period. On income, CIF currently yields 9.78% against 1.09% for IVV.
Holdings Overlap
CIF and IVV share 0 holdings out of 790 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, CIF or IVV?
CIF has an expense ratio of 2.05% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $202 per year of difference.
Which performed better, CIF or IVV?
Over the past year CIF returned +3.67% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (26 years), CIF annualized -3.07% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, CIF or IVV?
CIF has been the more volatile fund at 19.3% annualized versus 15.1% for IVV. Worst drawdown: CIF -87.0% vs IVV -56.5%.
Should I hold both CIF and IVV?
CIF and IVV have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CIF and IVV?
CIF and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 790 unique securities.
Which pays a higher dividend, CIF or IVV?
CIF yields 9.78% while IVV yields 1.09%, so CIF currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.