IVV vs NDAA
iShares Core S&P 500 ETF vs Ned Davis Research 360 Dynamic Allocation ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | NDAA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.65% | |
| AUM | $865.2B | $4M | |
| Dividend Yield | 1.09% | 2.47% | |
| Holdings | 508 | 10 | |
| YTD Return | +13.80% | +11.36% | |
| 1Y Return | +23.01% | +21.01% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 9.9% | |
| Max Drawdown | -56.5% | -13.5% | |
| Fund Family | iShares by BlackRock (US) | Ned Davis Research | |
| Category | Equity | Allocation/Balanced | |
| Inception | May 15, 2000 | Oct 16, 2024 |
IVV vs NDAA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is a ETF from Ned Davis Research. Over the past year IVV returned +23.01% while NDAA returned +21.01%. Year to date, IVV is up 13.80% versus a gain of 11.36% for NDAA.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.9% for NDAA. 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 -13.5% for NDAA. 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 NDAA 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 1.09% against 2.47% for NDAA.
Holdings Overlap
IVV and NDAA 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 NDAA?
IVV has an expense ratio of 0.03% while NDAA charges 0.65%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IVV or NDAA?
Over the past year IVV returned +23.01% vs +21.01% for NDAA, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +13.67% for NDAA. Past performance does not guarantee future results.
Which is riskier, IVV or NDAA?
IVV has been the more volatile fund at 15.1% annualized versus 9.9% for NDAA. Worst drawdown: IVV -56.5% vs NDAA -13.5%.
Should I hold both IVV and NDAA?
IVV and NDAA 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 NDAA?
IVV and NDAA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or NDAA?
IVV yields 1.09% while NDAA yields 2.47%, so NDAA currently pays the higher dividend yield.
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