IVV vs NITE
iShares Core S&P 500 ETF vs The Nightview Fund ETF
Quick Verdict
IVV has a lower expense ratio. NITE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NITE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.25% | |
| AUM | $907.0B | $33M | |
| Dividend Yield | 1.10% | 0.00% | |
| Holdings | 508 | 22 | |
| YTD Return | +14.29% | +8.26% | |
| 1Y Return | +21.79% | +21.83% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 20.1% | |
| Max Drawdown | -56.5% | -29.6% | |
| Fund Family | iShares by BlackRock (US) | Nightview Capital | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 21, 2024 |
IVV vs NITE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and The Nightview Fund ETF (NITE) is a ETF from Nightview Capital. Over the past year IVV returned +21.79% while NITE returned +21.83%. Year to date, IVV is up 14.29% versus a gain of 8.26% for NITE.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -29.6% for NITE. 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 0.80. 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
IVV and NITE share 17 holdings out of 508 unique holdings combined, representing a 17.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $122 per year of difference.
Which performed better, IVV or NITE?
Over the past year IVV returned +21.79% vs +21.83% for NITE, so NITE leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.06% vs +24.75% for NITE. Past performance does not guarantee future results.
Which is riskier, IVV or NITE?
NITE has been the more volatile fund at 20.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NITE -29.6%.
Should I hold both IVV and NITE?
IVV and NITE have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NITE?
IVV and NITE share 17 common holdings with a 17.2% weight overlap. Combined, they hold 508 unique securities.
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.
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