IVV vs NBCR
iShares Core S&P 500 ETF vs Neuberger Berman Core Equity ETF
Which is better, IVV or NBCR?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. NBCR is less concentrated, with 35.6% of the fund in its ten largest positions against 37.8%.
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 | NBCR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $876.4B | $845M |
| Dividend Yield | 1.06% | 0.42% |
| Holdings | 508 | 206 |
| YTD Return | +12.39%Best | +8.06% |
| 1Y Return | +16.61%Best | +11.19% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.4%Tie | 12.4%Tie |
| Max Drawdown | -18.8% | -18.2%Best |
| $10,000 over 2.1 years | $14,338Best | $13,672 |
| Top 10 Weight | 37.8% | 35.6%Best |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jul 31, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 1, 2024 to Sep 18, 2026 (2.1 years).
IVV vs NBCR 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 2.1 years both funds cover.
IVV vs NBCR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Neuberger Berman Core Equity ETF (NBCR) is an ETF from Neuberger Berman. Over the past year IVV returned +16.61% while NBCR returned +11.19%. Year to date, IVV is up 12.39% versus a gain of 8.06% for NBCR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV and NBCR have been equally volatile, both at 12.4% annualized.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -18.2% for NBCR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while NBCR charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.42% for NBCR.
Holdings Overlap
71.6% of IVV's money is in holdings NBCR also owns. 90.7% of NBCR's money is in holdings IVV also owns.
Most of NBCR is already inside IVV. Owning both mostly buys the same companies twice.
157 positions in common, counted across the 490 positions we hold weights for in IVV and 202 in NBCR, against full books of 508 and 206.
What only one of them owns
Our book lists 36 positions for NBCR that do not appear in our book for IVV (7.3% of the fund), and 325 for IVV that do not appear in NBCR (27.1%).
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 IVV | Weight in NBCR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 7.53% | 0.54% |
| AAPLApple, Inc | 7.02% | 6.73% | 0.29% |
| MSFTMicrosoft Corp | 5.69% | 5.80% | 0.11% |
| AMZNAmazon.Com Inc | 3.84% | 3.57% | 0.27% |
| GOOGLAlphabet Inc,class A | 3.00% | 3.02% | 0.02% |
| GOOGAlphabet Inc | 2.39% | 2.25% | 0.14% |
| AVGOBroadcom Inc | 2.65% | 1.90% | 0.75% |
| METAMeta Platforms Inc | 1.90% | 1.81% | 0.09% |
| TSLATesla Inc | 1.56% | 1.55% | 0.01% |
| MUMicron Technology, Inc. | 1.63% | 1.32% | 0.31% |
90.7% of NBCR 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 NBCR?
IVV has an expense ratio of 0.03% while NBCR charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or NBCR?
Over the past year IVV returned +16.61% vs +11.19% for NBCR, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.72% vs +16.06% for NBCR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NBCR?
IVV and NBCR have been equally volatile, both at 12.4% annualized. Worst drawdown: IVV -18.8% vs NBCR -18.2%.
Should I hold both IVV and NBCR?
IVV and NBCR have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and NBCR?
90.7% of NBCR's money is in holdings IVV also owns. 90.7% of NBCR's is in holdings IVV also owns. They hold 157 positions in common, counted across the 490 positions we hold weights for in IVV and 202 in NBCR.
Which pays a higher dividend, IVV or NBCR?
IVV yields 1.06% while NBCR yields 0.42%, so IVV currently pays the higher dividend yield.
Is NBCR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. NBCR is less concentrated, with 35.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.