BILD vs IVV
Nomura Global Listed Infrastructure ETF vs iShares Core S&P 500 ETF
Which is better, BILD or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BILD | IVV |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $8M | $876.4B |
| Dividend Yield | 4.77% | 1.06% |
| Holdings | 54 | 508 |
| YTD Return | +4.11% | +12.39%Best |
| 1Y Return | +9.61% | +16.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 13.3% | 11.8%Best |
| Max Drawdown | -17.4%Best | -18.8% |
| $10,000 over 2.8 years | $12,463 | $17,394Best |
| Top 10 Weight | 38.5% | 37.8%Best |
| Fund Family | Nomura Asset Management Co Ltd | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 28, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Sep 18, 2026 (2.8 years).
BILD vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
BILD vs IVV Performance
Nomura Global Listed Infrastructure ETF (BILD) is an ETF from Nomura Asset Management Co Ltd and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BILD returned +9.61% while IVV returned +16.61%. Year to date, BILD is up 4.11% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BILD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 11.8% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.4% for BILD and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
BILD charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, BILD currently yields 4.77% against 1.06% for IVV.
Holdings Overlap
27.9% of BILD's money is in holdings IVV also owns. 1.0% of IVV's money is in holdings BILD also owns.
BILD and IVV share little of their money.
13 positions in common, counted across the 46 positions we hold weights for in BILD and 490 in IVV, against full books of 54 and 508.
What only one of them owns
Our book lists 469 positions for IVV that do not appear in our book for BILD (97.6% of the fund), and 5 for BILD that do not appear in IVV (12.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BILD | Weight in IVV | Difference |
|---|---|---|---|
| SRESempra Common Stock | 3.56% | 0.08% | 3.48% |
| NEENextera Energy Inc | 3.14% | 0.26% | 2.88% |
| OKEOneok Inc. | 2.94% | 0.09% | 2.85% |
| CMSCms Energy Corp. | 2.95% | 0.03% | 2.92% |
| DDominion Energy Inc. | 2.50% | 0.09% | 2.41% |
| AEPAmerican Electric Power Co Inc | 2.42% | 0.10% | 2.32% |
| KMIKinder Morgan Inc./de | 2.24% | 0.10% | 2.14% |
| CCICrown Castle International Corp | 1.97% | 0.05% | 1.92% |
| PCGPg&E Corp. | 1.97% | 0.04% | 1.93% |
| XELXcel Energy Inc. | 1.77% | 0.07% | 1.70% |
27.9% of BILD is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BILD or IVV?
BILD has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, BILD or IVV?
Over the past year BILD returned +9.61% vs +16.61% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BILD or IVV?
BILD has been the more volatile fund at 13.3% annualized versus 11.8% for IVV. Worst drawdown: BILD -17.4% vs IVV -18.8%.
Should I hold both BILD and IVV?
BILD and IVV have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BILD and IVV?
27.9% of BILD's money is in holdings IVV also owns. 1.0% of IVV's is in holdings BILD also owns. They hold 13 positions in common, counted across the 46 positions we hold weights for in BILD and 490 in IVV.
Which pays a higher dividend, BILD or IVV?
BILD yields 4.77% while IVV yields 1.06%, so BILD currently pays the higher dividend yield.
Is IVV better than BILD?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.