IVV vs NIXT
iShares Core S&P 500 ETF vs Research Affiliates Deletions ETF
Quick Verdict
IVV has a lower expense ratio. NIXT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | NIXT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.19% | |
| AUM | $865.2B | $41M | |
| Dividend Yield | 1.09% | 0.96% | |
| Holdings | 508 | 156 | |
| YTD Return | +13.80% | +29.38% | |
| 1Y Return | +23.01% | +44.41% | |
| 3Y Return (annualized) | +21.77% | - | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 16.1% | |
| Max Drawdown | -56.5% | -27.5% | |
| Fund Family | iShares by BlackRock (US) | RAFI Indices | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 9, 2024 |
IVV vs NIXT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Research Affiliates Deletions ETF (NIXT) is a ETF from RAFI Indices. Over the past year IVV returned +23.01% while NIXT returned +44.41%. Year to date, IVV is up 13.80% versus a gain of 29.38% for NIXT.
Risk: Volatility and Drawdowns
NIXT has been the more volatile fund, with annualized monthly volatility of 16.1% 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 -27.5% for NIXT. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NIXT charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.96% for NIXT.
Holdings Overlap
IVV and NIXT share 22 holdings out of 636 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NIXT?
IVV has an expense ratio of 0.03% while NIXT charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, IVV or NIXT?
Over the past year IVV returned +23.01% vs +44.41% for NIXT, so NIXT leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.04% vs +21.50% for NIXT. Past performance does not guarantee future results.
Which is riskier, IVV or NIXT?
NIXT has been the more volatile fund at 16.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NIXT -27.5%.
Should I hold both IVV and NIXT?
IVV and NIXT have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NIXT?
IVV and NIXT share 22 common holdings with a 0.5% weight overlap. Combined, they hold 636 unique securities.
Which pays a higher dividend, IVV or NIXT?
IVV yields 1.09% while NIXT yields 0.96%, so IVV currently pays the higher dividend yield.
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