IVV vs NITE
iShares Core S&P 500 ETF vs The Nightview Fund ETF
Which is better, IVV or NITE?
NITE has been ahead.
IVV has a lower expense ratio. NITE led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 63.3%.
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 | NITE |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.25% |
| AUM | $886.7B | $33M |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 22 |
| YTD Return | +13.39%Best | +9.51% |
| 1Y Return | +20.08% | +20.74%Best |
| 3Y Return (annualized) | +21.29% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 11.9%Best | 20.3% |
| Max Drawdown | -18.8%Best | -29.6% |
| $10,000 over 2.2 years | $14,562 | $16,246Best |
| Top 10 Weight | 37.9%Best | 63.3% |
| Fund Family | iShares by BlackRock (US) | Nightview Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 21, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 24, 2024 to Sep 4, 2026 (2.2 years).
IVV vs NITE 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 2.2 years both funds cover.
IVV vs NITE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and The Nightview Fund ETF (NITE) is an ETF from Nightview Capital. Over the past year IVV returned +20.08% while NITE returned +20.74%. Year to date, IVV is up 13.39% versus a gain of 9.51% for NITE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 11.9% 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 -29.6% for NITE. 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 NITE charges 1.25%. On a $10,000 position that is $3 vs $125 annually, a gap of $122 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for NITE.
Holdings Overlap
17.4% of IVV's money is in holdings NITE also owns. 85.2% of NITE's money is in holdings IVV also owns.
Most of NITE is already inside IVV. Owning both mostly buys the same companies twice.
17 positions in common, counted across the 505 positions we hold weights for in IVV and 20 in NITE, against full books of 508 and 22.
What only one of them owns
Our book lists 2 positions for NITE that do not appear in our book for IVV (14.5% of the fund), and 480 for IVV that do not appear in NITE (82.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NITE | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 9.06% | 1.08% |
| AMZNAmazon.Com Inc | 4.01% | 8.19% | 4.18% |
| TSLATesla Motors Inc | 1.36% | 10.35% | 8.99% |
| AMDAdvanced Micro Devices Inc | 1.18% | 4.21% | 3.03% |
| NFLXNetflix, Inc. | 0.47% | 4.25% | 3.78% |
| GSGoldman Sachs Group Inc/The | 0.47% | 4.16% | 3.69% |
| MSMorgan Stanley | 0.39% | 4.17% | 3.78% |
| SCHWSchwab Strategic T | 0.27% | 4.24% | 3.97% |
| BLKBlackrock Funding Inc/De | 0.25% | 4.21% | 3.96% |
| AXONAxon Enterprise Inc | 0.07% | 4.30% | 4.23% |
85.2% of NITE is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or NITE?
IVV has an expense ratio of 0.03% while NITE charges 1.25%. IVV is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, IVV or NITE?
Over the past year IVV returned +20.08% vs +20.74% for NITE, so NITE leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.63% vs +24.68% for NITE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NITE?
NITE has been the more volatile fund at 20.3% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs NITE -29.6%.
Should I hold both IVV and NITE?
IVV and NITE 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.
What is the holdings overlap between IVV and NITE?
85.2% of NITE's money is in holdings IVV also owns. 85.2% of NITE's is in holdings IVV also owns. They hold 17 positions in common, counted across the 505 positions we hold weights for in IVV and 20 in NITE.
Which pays a higher dividend, IVV or NITE?
IVV yields 1.10% while NITE yields 0.00%, so IVV currently pays the higher dividend yield.
Is NITE better than IVV?
IVV has a lower expense ratio. NITE led over 1Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 63.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.