Are CBLS and IVV in the same category?

CBLS is an alternatives ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, CBLS or IVV?

In the year to Nov 4, 2026, with distributions reinvested, CBLS returned +1.2% and IVV +14.8%.

Which is cheaper, CBLS or IVV?

IVV is cheaper, by 1.86 percentage points a year. That is about $186 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Across categories

CBLS vs IVV: Differences, Returns & Fees

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Over the year to Nov 4, 2026, CBLS returned +1.2% to IVV's +14.8%, and IVV charges 0.03% to CBLS's 1.89%.

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Net assets: $56m on Jul 31, 2026 for Clough Hedged Equity ETF, and $872.0bn on Nov 3, 2026 for iShares Core S&P 500 ETF.

CBLS on its own →IVV on its own →

At a glance

+1.2%

CBLS total return, 1 year

+14.8%

IVV total return, 1 year

1.89%

CBLS expense ratio

0.03%

IVV expense ratio

Pair scorecard

IVV costs 1.86 points a year less; their one-year returns differ by 13.6 points.

CBLS vs IVV: Differences, Returns & Fees
Measure	CBLS	IVV
Return
Measure	CBLS	IVV
Total return, 1 year	+1.2%	+14.8%
Total return, 52 weeks	+1.1%
Against its benchmark
Measure	CBLS	IVV
What it tracks	not published	S&P 500
Treasury bills, 52 weeks	+3.7%
Against cash	2.5 points behind
Cost and size
Measure	CBLS	IVV
Expense ratio	1.89%	0.03%
Net assets, CBLS as of Jul 31, 2026 and IVV as of Nov 3, 2026	$56m	$872.0bn
Holdings
Measure	CBLS	IVV
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		37.3%
Risk
Measure	CBLS	IVV
Correlation with the S&P 500’s weekly returns	+0.59
Beta to the S&P 500	+0.97: about 0.97% for each 1%
Its average week when the S&P 500 fell	fell 1.61%
Down-week capture	150.0%
Weeks the S&P 500 fell	26 of 52, by 1.07% on average

Method

Side by side

CBLS Clough Hedged Equity ETF IVV iShares Core S&P 500 ETF

Where it sits Alternatives ETF Stock ETF

Issuer Clough iShares

What it is Long-short equity Tracks the S&P 500

Total return, 1 year +1.2% +14.8%

Its benchmark over the same days not measured +14.8% (SPY)

Gap to its benchmark not measured 0.0 pts vs SPY

Expense ratio 1.89% 0.03%

Holdings not read by ETFIQ 505

Net assets, CBLS as of Jul 31, 2026 and IVV as of Nov 3, 2026 $56m $872.0bn

CBLS and IVV on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

About each fund

CBLS

CBLS is a long-short equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.59 with the S&P 500’s and a beta of +0.97, so for each 1% the index moved it moved about 0.97% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks CBLS fell 1.61% on average, a down-week capture of 150.0%. Over the same 52 weeks CBLS returned +1.1% and a Treasury bill fund +3.7%, so it finished 2.5 percentage points behind cash.

IVV

IVV tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 37.3%.

Questions people ask

Are CBLS and IVV in the same category?: CBLS is an alternatives ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, CBLS or IVV?: In the year to Nov 4, 2026, with distributions reinvested, CBLS returned +1.2% and IVV +14.8%.
Which is cheaper, CBLS or IVV?: IVV is cheaper, by 1.86 percentage points a year. That is about $186 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

CBLS vs VOO CBLS vs SPY CBLS vs QQQ CBLS vs GLD EHLS vs IVV FFLS vs IVV HFEQ vs IVV IVV vs LSEQ

Where to next

BIL, the T-bill fund these are measured against →SPY, the S&P 500 fund these are measured against →CBLS on its own →IVV on its own →Hold both: look the portfolio through →Rankings →CBLS dividend history →IVV dividend history →IVV holdings →Standards and sources →

Sources and dates

CBLS filings on SEC EDGAR ↗

CBLS prospectus with the expense ratio (SEC) ↗

Clough website ↗

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

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ETFIQ, CBLS against IVV, data as of Nov 4, 2026. https://etfiq.com/compare/any/cbls-vs-ivv

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