IVV vs MEGI
iShares Core S&P 500 ETF vs NYLI CBRE Global Infrastructure Megatrends Term Fund
Which is better, IVV or MEGI?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | IVV | MEGI |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.87% |
| AUM | $886.7B | $842M |
| Dividend Yield | 1.10% | 8.98% |
| Holdings | 508 | 64 |
| YTD Return | +12.70% | +13.36%Best |
| 1Y Return | +19.36%Best | +14.44% |
| 3Y Return (annualized) | +21.16%Best | +16.29% |
| 5Y Return (annualized) | +12.75% | - |
| Volatility (annualized) | 15.6%Best | 22.8% |
| Max Drawdown | -24.5%Best | -39.5% |
| $10,000 over 4.9 years | $18,114Best | $11,814 |
| Fund Family | iShares by BlackRock (US) | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Oct 27, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Oct 27, 2021 to Sep 8, 2026 (4.9 years).
IVV vs MEGI 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 4.9 years both funds cover.
IVV vs MEGI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) is an ETF from New York Life Investments. Over the past year IVV returned +19.36% while MEGI returned +14.44%. Year to date, IVV is up 12.70% versus a gain of 13.36% for MEGI.
Over three years, IVV compounded at +21.16% per year against +16.29% for MEGI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEGI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 15.6% 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 -24.5% for IVV and -39.5% for MEGI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MEGI charges 1.87%. On a $10,000 position that is $3 vs $187 annually, a gap of $184 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 8.98% for MEGI.
Holdings Overlap
At least 1.4% of IVV's money is in holdings MEGI also owns.
Only one direction is shown: for MEGI, our book for it lists positions totalling 125.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and MEGI share little of their money.
The two holdings books were reported 66 days apart, IVV as of Aug 5, 2026 and MEGI as of May 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
18 positions in common, counted across the 504 positions we hold weights for in IVV and 67 in MEGI, against full books of 508 and 64.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MEGI | Difference |
|---|---|---|---|
| XELXcel Energy Inc. | 0.07% | 5.61% | 5.54% |
| PPLPpl Corp. | 0.04% | 4.85% | 4.81% |
| PEGPublic Service Enterprise Group Incorporated | 0.06% | 4.26% | 4.20% |
| CCICrown Castle International Corp | 0.05% | 3.94% | 3.89% |
| CEGConstellation Energy Corp | 0.13% | 3.54% | 3.41% |
| AMTAmerican Tower Corp | 0.12% | 3.34% | 3.22% |
| PCGPacific Gas & Electric | 0.06% | 3.23% | 3.17% |
| OKEOneok Inc. | 0.08% | 3.10% | 3.02% |
| SOSouthern Co. | 0.16% | 2.85% | 2.69% |
| DDominion Energy Inc. | 0.09% | 2.83% | 2.74% |
You are not choosing between two funds in isolation.
Whichever of IVV and MEGI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or MEGI?
IVV has an expense ratio of 0.03% while MEGI charges 1.87%. IVV is the cheaper option, by $184 a year on a $10,000 investment.
Which performed better, IVV or MEGI?
Over the past year IVV returned +19.36% vs +14.44% for MEGI, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MEGI?
MEGI has been the more volatile fund at 22.8% annualized versus 15.6% for IVV. Worst drawdown: IVV -24.5% vs MEGI -39.5%.
Should I hold both IVV and MEGI?
IVV and MEGI have a monthly-return correlation of 0.63, 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 IVV and MEGI?
At least 1.4% of IVV's money is in holdings MEGI also owns. Our book for MEGI is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 504 positions we hold weights for in IVV and 67 in MEGI.
Which pays a higher dividend, IVV or MEGI?
IVV yields 1.10% while MEGI yields 8.98%, so MEGI currently pays the higher dividend yield.
Is MEGI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.