IVV vs NEMD
iShares Core S&P 500 ETF vs Neuberger Berman Emerging Markets Debt Hard Currency ETF
Which is better, IVV or NEMD?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | NEMD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $876.4B | $138M |
| Dividend Yield | 1.06% | 5.85% |
| Holdings | 508 | 276 |
| YTD Return | +11.03%Best | +2.64% |
| 1Y Return | +15.62%Best | +6.50% |
| 3Y Return (annualized) | +20.81% | - |
| 5Y Return (annualized) | +12.61% | - |
| Volatility (annualized) | 13.1% | 5.7%Best |
| Max Drawdown | -8.9% | -4.4%Best |
| $10,000 over 1.1 years | $12,006Best | $11,003 |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Aug 11, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 11, 2025 to Sep 16, 2026 (1.1 years).
IVV vs NEMD 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 1.1 years both funds cover.
IVV vs NEMD Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) is an ETF from Neuberger Berman. Over the past year IVV returned +15.62% while NEMD returned +6.50%. Year to date, IVV is up 11.03% versus a gain of 2.64% for NEMD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 5.7% for NEMD. 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 -8.9% for IVV and -4.4% for NEMD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NEMD charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 5.85% for NEMD.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 52 in NEMD, totalling 99.3% and 22.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 52 in NEMD, against full books of 508 and 276.
You are not choosing between two funds in isolation.
Whichever of IVV and NEMD 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 NEMD?
IVV has an expense ratio of 0.03% while NEMD charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IVV or NEMD?
Over the past year IVV returned +15.62% vs +6.50% for NEMD, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +18.08% vs +9.08% for NEMD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NEMD?
IVV has been the more volatile fund at 13.1% annualized versus 5.7% for NEMD. Worst drawdown: IVV -8.9% vs NEMD -4.4%.
Should I hold both IVV and NEMD?
IVV and NEMD have a monthly-return correlation of 0.78, 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 NEMD?
IVV yields 1.06% while NEMD yields 5.85%, so NEMD currently pays the higher dividend yield.
Is NEMD better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.