TNVIX vs. IVV
Compare and contrast key facts about 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and iShares Core S&P 500 ETF (IVV).
TNVIX is managed by 1290 Funds. It was launched on Nov 12, 2014. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNVIX or IVV.
Correlation
The correlation between TNVIX and IVV is 0.77, 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
TNVIX vs. IVV - Performance Comparison
Key characteristics
TNVIX:
0.45
IVV:
1.98
TNVIX:
0.75
IVV:
2.65
TNVIX:
1.09
IVV:
1.36
TNVIX:
0.65
IVV:
2.98
TNVIX:
1.57
IVV:
12.36
TNVIX:
5.14%
IVV:
2.03%
TNVIX:
17.78%
IVV:
12.68%
TNVIX:
-45.31%
IVV:
-55.25%
TNVIX:
-8.01%
IVV:
0.00%
Returns By Period
In the year-to-date period, TNVIX achieves a 3.11% return, which is significantly lower than IVV's 4.08% return. Over the past 10 years, TNVIX has underperformed IVV with an annualized return of 6.14%, while IVV has yielded a comparatively higher 13.24% annualized return.
TNVIX
3.11%
0.63%
1.12%
5.51%
7.21%
6.14%
IVV
4.08%
2.07%
9.71%
23.73%
14.33%
13.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNVIX vs. IVV - Expense Ratio Comparison
TNVIX has a 0.95% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
TNVIX vs. IVV — Risk-Adjusted Performance Rank
TNVIX
IVV
TNVIX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) 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.
Dividends
TNVIX vs. IVV - Dividend Comparison
TNVIX's dividend yield for the trailing twelve months is around 1.06%, less than IVV's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 1.06% | 1.10% | 0.89% | 0.23% | 1.79% | 0.48% | 0.56% | 0.50% | 0.46% | 0.39% | 0.27% | 0.72% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
TNVIX vs. IVV - Drawdown Comparison
The maximum TNVIX drawdown since its inception was -45.31%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for TNVIX and IVV. For additional features, visit the drawdowns tool.
Volatility
TNVIX vs. IVV - Volatility Comparison
1290 GAMCO Small/Mid Cap Value Fund (TNVIX) has a higher volatility of 3.65% compared to iShares Core S&P 500 ETF (IVV) at 3.11%. This indicates that TNVIX'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.