IVV vs NDIV

IVV vs NDIV
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Quick Verdict

IVV has a lower expense ratio. NDIV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: NDIVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVNDIVWinner
Expense Ratio0.03%0.59%
AUM$907.0B$28M
Dividend Yield1.10%8.67%
Holdings50854
YTD Return+12.28%+38.67%
1Y Return+20.94%+38.25%
3Y Return (annualized)+21.81%+17.90%
5Y Return (annualized)+13.05%-
Volatility (annualized)15.1%18.7%
Max Drawdown-56.5%-19.7%
Fund FamilyiShares by BlackRock (US)Amplify ETFs
CategoryEquityEquity
InceptionMay 15, 2000Aug 24, 2022

IVV vs NDIV Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Amplify Energy & Natural Resources Covered Call ETF (NDIV) is a ETF from Amplify ETFs. Over the past year IVV returned +20.94% while NDIV returned +38.25%. Year to date, IVV is up 12.28% versus a gain of 38.67% for NDIV.

Over three years, IVV compounded at +21.81% per year against +17.90% for NDIV. Across the full 4-year window we track, NDIV has the edge at +15.88% annualized vs +6.98%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

NDIV has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.1% 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 -56.5% for IVV and -19.7% for NDIV. 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 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while NDIV charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 8.67% for NDIV.

Holdings Overlap

0.1%overlap

IVV and NDIV share 2 holdings out of 538 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in NDIVDifference
LYB0.02%5.03%5.01%
OKE0.09%4.60%4.51%

Frequently Asked Questions

Which is cheaper, IVV or NDIV?

IVV has an expense ratio of 0.03% while NDIV charges 0.59%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

Which performed better, IVV or NDIV?

Over the past year IVV returned +20.94% vs +38.25% for NDIV, so NDIV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +6.98% vs +15.88% for NDIV. Past performance does not guarantee future results.

Which is riskier, IVV or NDIV?

NDIV has been the more volatile fund at 18.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NDIV -19.7%.

Should I hold both IVV and NDIV?

IVV and NDIV have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and NDIV?

IVV and NDIV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 538 unique securities.

Which pays a higher dividend, IVV or NDIV?

IVV yields 1.10% while NDIV yields 8.67%, so NDIV currently pays the higher dividend yield.

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