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IVV vs YLD

iShares Core S&P 500 ETF vs Principal Active High Yield ETF

IVV

iShares Core S&P 500 ETF

Annual cost

0.03%

Fund size

$854.9B

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$545M

Key differences

IVV is an equity ETF, while YLD is an alternative ETF. IVV charges 0.03% a year and YLD 0.39%.

  • IVV is an equity fund, while YLD is an alternative fund. They carry different risk/return profiles.
  • IVV follows a index tracking strategy; YLD uses multi strategy.
  • IVV covers North America; YLD covers global markets.
  • IVV costs 0.36% less per year.
  • IVV is much larger than YLD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IVV has delivered higher annualized returns.
  • IVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IVVYLD
Annual cost (TER)0.03%0.39%
Fund size (AUM)$854.9B$545M
Since20002015
Dividend yield1.06%7.29%
Asset classequityalternative
Regionnorth americaglobal
Strategyindex trackingmulti strategy
CAGR 1Y+25.3%+6.9%
CAGR 3Y+22.5%+9.1%
CAGR 5Y+13.5%+4.9%
Sharpe 3Y1.200.92
Volatility 1Y12.10%4.35%
Max drawdown-33.90%-28.34%

Similar to IVV and YLD