IVV vs NDIV
iShares Core S&P 500 ETF vs Amplify Energy & Natural Resources Covered Call ETF
Which is better, IVV or NDIV?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over 3Y and the full window, NDIV over 1Y.
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 | NDIV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $882.6B | $30M |
| Dividend Yield | 1.06% | 8.97% |
| Holdings | 508 | 109 |
| YTD Return | +13.60% | +31.39%Best |
| 1Y Return | +16.32% | +28.60%Best |
| 3Y Return (annualized) | +23.81%Best | +16.57% |
| 5Y Return (annualized) | +14.03% | - |
| Volatility (annualized) | 14.1%Best | 18.7% |
| Max Drawdown | -18.8%Best | -19.7% |
| $10,000 over 4.1 years | $19,718Best | $17,045 |
| Fund Family | iShares by BlackRock (US) | Amplify ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Aug 24, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 2, 2026 (4.1 years).
IVV vs NDIV 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 4.1 years both funds cover.
IVV vs NDIV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Amplify Energy & Natural Resources Covered Call ETF (NDIV) is an ETF from Amplify ETFs. Over the past year IVV returned +16.32% while NDIV returned +28.60%. Year to date, IVV is up 13.60% versus a gain of 31.39% for NDIV.
Over three years, IVV compounded at +23.81% per year against +16.57% for NDIV. Across the full 4-year window we track, IVV has the edge at +18.01% annualized vs +13.89%.
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 14.1% 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 -18.8% for IVV and -19.7% for NDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
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 1.06% against 8.97% for NDIV.
Holdings Overlap
At least 0.1% of IVV's money is in holdings NDIV also owns.
Stated as a floor: for NDIV, our book for it covers 94.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 34 in NDIV, against full books of 508 and 109.
You are not choosing between two funds in isolation.
Whichever of IVV and NDIV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $56 a year on a $10,000 investment.
Which performed better, IVV or NDIV?
Over the past year IVV returned +16.32% vs +28.60% for NDIV, so NDIV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +18.01% vs +13.89% for NDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NDIV?
NDIV has been the more volatile fund at 18.7% annualized versus 14.1% for IVV. Worst drawdown: IVV -18.8% vs NDIV -19.7%.
Should I hold both IVV and NDIV?
IVV and NDIV have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or NDIV?
IVV yields 1.06% while NDIV yields 8.97%, so NDIV currently pays the higher dividend yield.
Is NDIV better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, NDIV over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.