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YLD vs IVV

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

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$545M

IVV

iShares Core S&P 500 ETF

Annual cost

0.03%

Fund size

$854.9B

Key differences

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

  • YLD is an alternative fund, while IVV is an equity fund. They carry different risk/return profiles.
  • YLD follows a multi strategy strategy; IVV uses index tracking.
  • YLD covers global markets; IVV covers North America.
  • 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

YLDIVV
Annual cost (TER)0.39%0.03%
Fund size (AUM)$545M$854.9B
Since20152000
Dividend yield7.29%1.06%
Asset classalternativeequity
Regionglobalnorth america
Strategymulti strategyindex tracking
CAGR 1Y+6.9%+25.3%
CAGR 3Y+9.1%+22.5%
CAGR 5Y+4.9%+13.5%
Sharpe 3Y0.921.20
Volatility 1Y4.35%12.10%
Max drawdown-28.34%-33.90%

Similar to YLD and IVV