CEFS vs IVV
Saba Opportunistically Hedged Closed-End Funds ETF compared with iShares Core S&P 500 ETF on yield, payout growth, payment schedule, cost and risk.
CEFS
Saba Opportunistically Hedged Closed-End Funds ETF
TTM yield · Monthly
IVV
iShares Core S&P 500 ETF
TTM yield · Quarterly
Quick take
- CEFS yields more today: 7.13% vs 1.04% (forward).
- IVV has grown its payout faster: 7.7%/yr vs 1.5%/yr over the last 5 years.
- CEFS pays every month; IVV pays every quarter.
- Over the last year CEFS delivered the higher total return: +20.6% vs +20.0% (price change plus payouts).
- IVV is cheaper to own: 0.03% vs 2.61% expense ratio.
- IVV has the steadier distribution: consistency 88/100 vs 77/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CEFS | IVV |
|---|---|---|
| Share price | $25.31 | $769.56 |
| TTM yield | 7.13% | 1.06% |
| Forward yield | 7.13% | 1.04% |
| Annual payout per share | $1.806 | $7.984 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Sep 25, 2026 (est.) | Sep 14, 2026 (est.) |
| Expense ratio | 2.61% | 0.03% |
| 1-year payout growth | -4.0% | +2.3% |
| 5-year payout CAGR | +1.5% | +7.7% |
| Consecutive years of increases | 0 years | 4 years |
| Payout consistency (last 12) | 77/100 | 88/100 |
| 1-year total return | +20.6% | +20.0% |
| 1-year price return | +12.6% | +18.7% |
| Size (market cap / AUM) | 438.2M | 884.0B |
| Years paying | 9.4 | 26.2 |
| Sector / category | Event Driven | Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CEFS | IVV | |
|---|---|---|
| Shares | 395.1 | 13.0 |
| Income per year | $713 | $104 |
| Income per month (avg) | $59 | $9 |
At forward yields, before taxes. Model CEFS · Model IVV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CEFS Sep 25, 2026 | Oct 9, 2026 | $0.1505 | Est. |
| CEFS Oct 24, 2026 | Nov 7, 2026 | $0.1505 | Est. |
| CEFS Nov 22, 2026 | Dec 6, 2026 | $0.1505 | Est. |
| IVV Sep 14, 2026 | Sep 28, 2026 | $1.996 | Est. |
| IVV Dec 14, 2026 | Dec 28, 2026 | $1.996 | Est. |
| IVV Mar 15, 2027 | Mar 29, 2027 | $1.996 | Est. |
Annual payouts per share
CEFSIVV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CEFS or IVV?
CEFS currently has the higher trailing yield: CEFS yields 7.13% and IVV yields 1.06%. Yield changes daily with price, so check the live figures above.
How often do CEFS and IVV pay?
CEFS pays every month and IVV pays every quarter. CEFS's next ex-date is Sep 25, 2026 and IVV's is Sep 14, 2026.
Which has grown its dividend faster, CEFS or IVV?
IVV has grown its payout faster: 7.7%/yr vs 1.5%/yr over the last 5 years.
Is CEFS or IVV better for income?
It depends on what you are optimising for. CEFS and IVV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.