UITB vs. IVV
Compare and contrast key facts about VictoryShares USAA Core Intermediate-Term Bond ETF (UITB) and iShares Core S&P 500 ETF (IVV).
UITB and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UITB is an actively managed fund by Crestview. It was launched on Oct 24, 2017. 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: UITB or IVV.
Key characteristics
| UITB | IVV | |
|---|---|---|
| YTD Return | -2.63% | 5.95% |
| 1Y Return | 0.53% | 22.68% |
| 3Y Return (Ann) | -2.73% | 8.01% |
| 5Y Return (Ann) | 0.77% | 13.40% |
| Sharpe Ratio | -0.06 | 1.94 |
| Daily Std Dev | 6.35% | 11.66% |
| Max Drawdown | -17.02% | -55.25% |
| Current Drawdown | -10.39% | -4.05% |
Correlation
The correlation between UITB and IVV is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UITB vs. IVV - Performance Comparison
In the year-to-date period, UITB achieves a -2.63% return, which is significantly lower than IVV's 5.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UITB vs. IVV - Expense Ratio Comparison
UITB has a 0.38% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
UITB vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA Core Intermediate-Term Bond ETF (UITB) 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
UITB vs. IVV - Dividend Comparison
UITB's dividend yield for the trailing twelve months is around 3.57%, more than IVV's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UITB VictoryShares USAA Core Intermediate-Term Bond ETF | 3.57% | 3.14% | 2.32% | 1.95% | 2.79% | 3.01% | 2.99% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.37% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
UITB vs. IVV - Drawdown Comparison
The maximum UITB drawdown since its inception was -17.02%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for UITB and IVV. For additional features, visit the drawdowns tool.
Volatility
UITB vs. IVV - Volatility Comparison
The current volatility for VictoryShares USAA Core Intermediate-Term Bond ETF (UITB) is 1.76%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.92%. This indicates that UITB experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.