IVV vs NANR
iShares Core S&P 500 ETF vs State Street SPDR S&P North American Natural Resources ETF
Which is better, IVV or NANR?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 3Y, NANR over 1Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.5%.
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 | IVV | NANR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $846M |
| Dividend Yield | 1.06% | 1.58% |
| Holdings | 508 | 214 |
| YTD Return | +11.51% | +31.20%Best |
| 1Y Return | +15.96% | +44.72%Best |
| 3Y Return (annualized) | +21.01%Best | +20.33% |
| 5Y Return (annualized) | +12.66% | +20.24%Best |
| Volatility (annualized) | 15.1%Best | 23.6% |
| Max Drawdown | -33.9%Best | -51.1% |
| $10,000 over 5 years | $18,149 | $25,133Best |
| Top 10 Weight | 37.8%Best | 39.5% |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Dec 15, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Dec 16, 2015 to Sep 15, 2026 (10.7 years).
IVV vs NANR 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 10.7 years both funds cover.
IVV vs NANR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P North American Natural Resources ETF (NANR) is an ETF from SPDR State Street Global Advisors. Over the past year IVV returned +15.96% while NANR returned +44.72%. Year to date, IVV is up 11.51% versus a gain of 31.20% for NANR.
Over three years, IVV compounded at +21.01% per year against +20.33% for NANR; over five years the annualized figures are +12.66% and +20.24% respectively. Across the full 11-year window we track, NANR has the edge at +13.91% annualized vs +13.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NANR has been the more volatile fund, with annualized monthly volatility of 23.6% compared with 15.1% 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 -33.9% for IVV and -51.1% for NANR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while NANR charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.58% for NANR.
Holdings Overlap
3.7% of IVV's money is in holdings NANR also owns. 52.6% of NANR's money is in holdings IVV also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 490 positions we hold weights for in IVV and 213 in NANR, against full books of 508 and 214.
What only one of them owns
Our book lists 89 positions for NANR that do not appear in our book for IVV (14.8% of the fund), and 453 for IVV that do not appear in NANR (95.0%).
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 IVV | Weight in NANR | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.01% | 10.08% | 9.07% |
| CVXChevron Corp | 0.58% | 6.81% | 6.23% |
| NEMNewmont Corp Common | 0.20% | 3.97% | 3.77% |
| CTVACorteva Inc Ctva | 0.09% | 3.13% | 3.04% |
| COPConocophillips Common Stock USD 0.01 | 0.24% | 2.85% | 2.61% |
| ADMArcher-Daniels-Midland Co. | 0.06% | 2.17% | 2.11% |
| MPCMarathon Petroleum Corp | 0.16% | 1.92% | 1.76% |
| VLOValero Energy | 0.16% | 1.88% | 1.72% |
| PSXPhillips 66 | 0.15% | 1.74% | 1.59% |
| NUENucor Corp. | 0.09% | 1.68% | 1.59% |
52.6% of NANR 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, IVV or NANR?
IVV has an expense ratio of 0.03% while NANR charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or NANR?
Over the past year IVV returned +15.96% vs +44.72% for NANR, so NANR leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +13.58% vs +13.91% for NANR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NANR?
NANR has been the more volatile fund at 23.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -33.9% vs NANR -51.1%.
Should I hold both IVV and NANR?
IVV and NANR have a monthly-return correlation of 0.59, 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 NANR?
52.6% of NANR's money is in holdings IVV also owns. 52.6% of NANR's is in holdings IVV also owns. They hold 29 positions in common, counted across the 490 positions we hold weights for in IVV and 213 in NANR.
Which pays a higher dividend, IVV or NANR?
IVV yields 1.06% while NANR yields 1.58%, so NANR currently pays the higher dividend yield.
Is NANR better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, NANR over 1Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.