IVVM vs. IVVW
Compare and contrast key facts about iShares Large Cap Moderate Buffer ETF (IVVM) and iShares S&P 500 BuyWrite ETF (IVVW).
IVVM and IVVW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVVM is an actively managed fund by iShares. It was launched on Jun 28, 2023. IVVW is a passively managed fund by iShares that tracks the performance of the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index - Benchmark TR Gross. It was launched on Mar 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVVM or IVVW.
Correlation
The correlation between IVVM and IVVW is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IVVM vs. IVVW - Performance Comparison
Key characteristics
IVVM:
0.95
IVVW:
0.45
IVVM:
1.41
IVVW:
0.76
IVVM:
1.24
IVVW:
1.14
IVVM:
1.10
IVVW:
0.45
IVVM:
5.42
IVVW:
2.02
IVVM:
2.37%
IVVW:
3.77%
IVVM:
13.51%
IVVW:
17.00%
IVVM:
-11.62%
IVVW:
-16.79%
IVVM:
-3.42%
IVVW:
-8.46%
Returns By Period
In the year-to-date period, IVVM achieves a -0.50% return, which is significantly higher than IVVW's -4.84% return.
IVVM
-0.50%
0.24%
0.92%
11.95%
N/A
N/A
IVVW
-4.84%
-1.24%
-2.30%
7.10%
N/A
N/A
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IVVM vs. IVVW - Expense Ratio Comparison
IVVM has a 0.50% expense ratio, which is higher than IVVW's 0.25% expense ratio.
Risk-Adjusted Performance
IVVM vs. IVVW — Risk-Adjusted Performance Rank
IVVM
IVVW
IVVM vs. IVVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap Moderate Buffer ETF (IVVM) and iShares S&P 500 BuyWrite ETF (IVVW). 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.
Dividends
IVVM vs. IVVW - Dividend Comparison
IVVM's dividend yield for the trailing twelve months is around 0.62%, less than IVVW's 17.20% yield.
| TTM | 2024 | |
|---|---|---|
IVVM iShares Large Cap Moderate Buffer ETF | 0.62% | 0.62% |
IVVW iShares S&P 500 BuyWrite ETF | 17.20% | 13.72% |
Drawdowns
IVVM vs. IVVW - Drawdown Comparison
The maximum IVVM drawdown since its inception was -11.62%, smaller than the maximum IVVW drawdown of -16.79%. Use the drawdown chart below to compare losses from any high point for IVVM and IVVW. For additional features, visit the drawdowns tool.
Volatility
IVVM vs. IVVW - Volatility Comparison
The current volatility for iShares Large Cap Moderate Buffer ETF (IVVM) is 10.91%, while iShares S&P 500 BuyWrite ETF (IVVW) has a volatility of 13.79%. This indicates that IVVM experiences smaller price fluctuations and is considered to be less risky than IVVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.