IVV vs NBOS
iShares Core S&P 500 ETF vs Neuberger Berman Option Strategy 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 | NBOS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.57% | |
| AUM | $907.0B | $536M | |
| Dividend Yield | 1.10% | 8.07% | |
| Holdings | 508 | 35 | |
| YTD Return | +13.22% | +9.55% | |
| 1Y Return | +21.62% | +17.34% | |
| 3Y Return (annualized) | +22.17% | - | |
| 5Y Return (annualized) | +13.42% | - | |
| Volatility (annualized) | 15.1% | 5.8% | |
| Max Drawdown | -56.5% | -12.7% | |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 29, 2024 |
IVV vs NBOS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Neuberger Berman Option Strategy ETF (NBOS) is a ETF from Neuberger Berman. Over the past year IVV returned +21.62% while NBOS returned +17.34%. Year to date, IVV is up 13.22% versus a gain of 9.55% for NBOS.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.8% for NBOS. 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 -12.7% for NBOS. 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 0.91. 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 NBOS charges 0.57%. On a $10,000 position that is $3 vs $57 annually, a gap of $54 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 8.07% for NBOS.
Holdings Overlap
IVV and NBOS share 0 holdings out of 514 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NBOS?
IVV has an expense ratio of 0.03% while NBOS charges 0.57%. IVV is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, IVV or NBOS?
Over the past year IVV returned +21.62% vs +17.34% for NBOS, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs +13.08% for NBOS. Past performance does not guarantee future results.
Which is riskier, IVV or NBOS?
IVV has been the more volatile fund at 15.1% annualized versus 5.8% for NBOS. Worst drawdown: IVV -56.5% vs NBOS -12.7%.
Should I hold both IVV and NBOS?
IVV and NBOS have a monthly-return correlation of 0.91, 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 NBOS?
IVV and NBOS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or NBOS?
IVV yields 1.10% while NBOS yields 8.07%, so NBOS currently pays the higher dividend yield.
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