IVV vs NBCM
iShares Core S&P 500 ETF vs Neuberger Berman Commodity Strategy ETF
Which is better, IVV or NBCM?
Large Cap Blend against Commodities.
IVV has a lower expense ratio. IVV led over 3Y and the full window, NBCM over 1Y.
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 | NBCM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $876.4B | $518M |
| Dividend Yield | 1.06% | 6.22% |
| Holdings | 508 | 155 |
| YTD Return | +12.51% | +39.70%Best |
| 1Y Return | +17.57% | +48.92%Best |
| 3Y Return (annualized) | +21.27%Best | +18.09% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 13.0%Best | 13.6% |
| Max Drawdown | -18.8% | -14.8%Best |
| $10,000 over 3.9 years | $21,331Best | $17,282 |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman |
| Category | Equity | Commodity |
| Style | Large Cap Blend | Commodities |
| Inception | May 15, 2000 | Oct 24, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 24, 2022 to Sep 11, 2026 (3.9 years).
IVV vs NBCM 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 3.9 years both funds cover.
IVV vs NBCM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Neuberger Berman Commodity Strategy ETF (NBCM) is an ETF from Neuberger Berman. Over the past year IVV returned +17.57% while NBCM returned +48.92%. Year to date, IVV is up 12.51% versus a gain of 39.70% for NBCM.
Over three years, IVV compounded at +21.27% per year against +18.09% for NBCM. Across the full 4-year window we track, IVV has the edge at +21.44% annualized vs +15.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBCM has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.0% 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 -18.8% for IVV and -14.8% for NBCM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while NBCM charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.22% for NBCM.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 75 in NBCM, totalling 100.0% and 50.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 75 in NBCM, against full books of 508 and 155.
You are not choosing between two funds in isolation.
Whichever of IVV and NBCM 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 NBCM?
IVV has an expense ratio of 0.03% while NBCM charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, IVV or NBCM?
Over the past year IVV returned +17.57% vs +48.92% for NBCM, so NBCM leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +21.44% vs +15.06% for NBCM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NBCM?
NBCM has been the more volatile fund at 13.6% annualized versus 13.0% for IVV. Worst drawdown: IVV -18.8% vs NBCM -14.8%.
Should I hold both IVV and NBCM?
IVV and NBCM have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or NBCM?
IVV yields 1.06% while NBCM yields 6.22%, so NBCM currently pays the higher dividend yield.
Is NBCM better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, NBCM over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.