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CE vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CE vs. IVV

Last updated Jun 24, 2026

CE (Celanese Corporation) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, CE returned -1.23%/yr vs 15.58%/yr for IVV. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

CE vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Celanese Corporation (CE) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CE achieves a 13.95% return, which is significantly higher than IVV's 8.20% return. Over the past 10 years, CE has underperformed IVV with an annualized return of -1.23%, while IVV has yielded a comparatively higher 15.58% annualized return.

CE

1D
-3.22%
1M
-8.13%
YTD
13.95%
6M
14.96%
1Y
-11.65%
3Y*
-23.07%
5Y*
-19.07%
10Y*
-1.23%

IVV

1D
-1.42%
1M
-1.34%
YTD
8.20%
6M
7.25%
1Y
23.72%
3Y*
20.79%
5Y*
13.13%
10Y*
15.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CE vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CE
Celanese Corporation		13.95%-38.76%-54.57%55.69%-37.77%31.75%8.25%39.85%-14.31%38.52%
IVV
iShares Core S&P 500 ETF		8.20%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%21.75%

Correlation

The correlation between CE and IVV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.48

Correlation (10Y)
Calculated over the trailing 10-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Jan 21, 2005

0.58

Over the past year, the correlation between CE and IVV has dropped to 0.23 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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Celanese Corporation

iShares Core S&P 500 ETF

Often compared with CE:
CE vs. WSMCE vs. ALBCE vs. TRINCE vs. HUNCE vs. COSTCE vs. SPYCE vs. SMH
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

CE vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CE
CE Risk / Return Rank: 3434
Overall Rank
CE Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
CE Sortino Ratio Rank: 3434
Sortino Ratio Rank
CE Omega Ratio Rank: 3434
Omega Ratio Rank
CE Calmar Ratio Rank: 3434
Calmar Ratio Rank
CE Martin Ratio Rank: 3434
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 5959
Overall Rank
IVV Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 5656
Sortino Ratio Rank
IVV Omega Ratio Rank: 5858
Omega Ratio Rank
IVV Calmar Ratio Rank: 5656
Calmar Ratio Rank
IVV Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CE vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Celanese Corporation (CE) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

CEIVVDifference
Sharpe ratioReturn per unit of total volatility
-0.21
1.91

-2.12

Sortino ratioReturn per unit of downside risk
0.09
2.60

-2.51

Omega ratioGain probability vs. loss probability

1.01

1.35

-0.34

Calmar ratioReturn relative to maximum drawdown

-0.27

2.68

-2.95

Martin ratioReturn relative to average drawdown

-0.48

11.98

-12.46

CE vs. IVV - Sharpe Ratio Comparison

The current CE Sharpe Ratio is -0.21, which is lower than the IVV Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of CE and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CE vs. IVV - Drawdown Comparison

The maximum CE drawdown since its inception was -84.87%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CE and IVV.

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Drawdown Indicators

CEIVVDifference

Max Drawdown

Largest peak-to-trough decline

-84.87%

-55.25%

-29.62%

Max Drawdown (1Y)

Largest decline over 1 year

-42.98%

-8.89%

-34.09%

Max Drawdown (3Y)

Largest decline over 3 years

-78.96%

-18.75%

-60.21%

Max Drawdown (5Y)

Largest decline over 5 years

-78.96%

-24.53%

-54.43%

Max Drawdown (10Y)

Largest decline over 10 years

-78.96%

-33.90%

-45.06%

Current Drawdown

Current decline from peak

-71.47%

-3.14%

-68.33%

Average Drawdown

Average peak-to-trough decline

-20.74%

-10.76%

-9.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.37%

1.99%

+22.38%

Volatility

CE vs. IVV - Volatility Comparison

Celanese Corporation (CE) has a higher volatility of 11.87% compared to iShares Core S&P 500 ETF (IVV) at 4.88%. This indicates that CE's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CEIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.87%

4.88%

+6.99%

Volatility (6M)

Calculated over the trailing 6-month period

39.89%

9.85%

+30.04%

Volatility (1Y)

Calculated over the trailing 1-year period

56.24%

12.48%

+43.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

45.21%

16.98%

+28.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.26%

18.07%

+21.19%

Dividends

CE vs. IVV - Dividend Comparison

CE's dividend yield for the trailing twelve months is around 0.25%, less than IVV's 1.11% yield.

PositionTTM20252024202320222021202020192018201720162015
CE
Celanese Corporation		0.25%0.28%4.05%1.80%2.68%1.62%1.91%1.95%2.31%1.62%1.75%1.71%
IVV
iShares Core S&P 500 ETF		1.11%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Frequently Asked Questions

CE and IVV have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CE has higher volatility (11.87%) compared to IVV (4.88%). In terms of maximum drawdown, CE dropped -84.87% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (1.91 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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