IVV vs NBCR
iShares Core S&P 500 ETF vs Neuberger Berman Core Equity ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NBCR | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.29% | |
| AUM | $907.0B | $872M | |
| Dividend Yield | 1.10% | 0.43% | |
| Holdings | 508 | 208 | |
| YTD Return | +12.76% | +9.10% | |
| 1Y Return | +20.14% | +15.40% | |
| 3Y Return (annualized) | +21.69% | - | |
| 5Y Return (annualized) | +13.00% | - | |
| Volatility (annualized) | 15.1% | 12.6% | |
| Max Drawdown | -56.5% | -18.2% | |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 31, 2024 |
IVV vs NBCR Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Neuberger Berman Core Equity ETF (NBCR) is a ETF from Neuberger Berman. Over the past year IVV returned +20.14% while NBCR returned +15.40%. Year to date, IVV is up 12.76% versus a gain of 9.10% for NBCR.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.6% for NBCR. 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 -56.5% for IVV and -18.2% for NBCR. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 1.10% against 0.43% for NBCR.
Holdings Overlap
IVV and NBCR share 155 holdings out of 553 unique holdings combined, representing a 65.2% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $26 per year of difference.
Which performed better, IVV or NBCR?
Over the past year IVV returned +20.14% vs +15.40% for NBCR, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.99% vs +17.13% for NBCR. Past performance does not guarantee future results.
Which is riskier, IVV or NBCR?
IVV has been the more volatile fund at 15.1% annualized versus 12.6% for NBCR. Worst drawdown: IVV -56.5% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and NBCR?
IVV and NBCR share 155 common holdings with a 65.2% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, IVV or NBCR?
IVV yields 1.10% while NBCR yields 0.43%, so IVV currently pays the higher dividend yield.
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