IVV vs NIXT
iShares Core S&P 500 ETF vs Research Affiliates Deletions ETF
Which is better, IVV or NIXT?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over the full window, NIXT over 1Y. NIXT is less concentrated, with 8.9% of the fund in its ten largest positions against 37.8%.
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 | NIXT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.19% |
| AUM | $876.4B | $43M |
| Dividend Yield | 1.06% | 0.89% |
| Holdings | 508 | 212 |
| YTD Return | +14.15% | +25.45%Best |
| 1Y Return | +17.31% | +26.52%Best |
| 3Y Return (annualized) | +23.17% | - |
| 5Y Return (annualized) | +13.85% | - |
| Volatility (annualized) | 12.6%Best | 16.4% |
| Max Drawdown | -18.8%Best | -27.5% |
| $10,000 over 2 years | $14,417Best | $14,007 |
| Top 10 Weight | 37.8% | 8.9%Best |
| Fund Family | iShares by BlackRock (US) | RAFI Indices |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Sep 9, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 21, 2026 (2 years).
IVV vs NIXT 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 years both funds cover.
IVV vs NIXT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Research Affiliates Deletions ETF (NIXT) is an ETF from RAFI Indices. Over the past year IVV returned +17.31% while NIXT returned +26.52%. Year to date, IVV is up 14.15% versus a gain of 25.45% for NIXT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NIXT has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 12.6% 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 -27.5% for NIXT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. 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 1.06% against 0.89% for NIXT.
Holdings Overlap
0.7% of IVV's money is in holdings NIXT also owns. 17.4% of NIXT's money is in holdings IVV also owns.
NIXT and IVV share little of their money.
33 positions in common, counted across the 490 positions we hold weights for in IVV and 208 in NIXT, against full books of 508 and 212.
What only one of them owns
Our book lists 172 positions for NIXT that do not appear in our book for IVV (81.6% of the fund), and 449 for IVV that do not appear in NIXT (98.0%).
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 NIXT | Difference |
|---|---|---|---|
| MRNAModerna therapeutics | 0.07% | 1.45% | 1.38% |
| CRLCharles River Laboratories International Inc | 0.02% | 0.75% | 0.73% |
| ZBRAZebra Technologies Corp | 0.03% | 0.67% | 0.64% |
| RVTYRevvity Inc | 0.02% | 0.65% | 0.63% |
| BAXBaxter International Inc. | 0.02% | 0.63% | 0.61% |
| BBYBest Buy Co. Inc. | 0.02% | 0.62% | 0.60% |
| FDSFactset Research Systems Inc. | 0.02% | 0.58% | 0.56% |
| SJMJ M Smucker Co/The | 0.02% | 0.58% | 0.56% |
| ITGartner Inc. | 0.02% | 0.56% | 0.54% |
| AREAlexandria Real Estate Equities Inc. | 0.01% | 0.56% | 0.55% |
You are not choosing between two funds in isolation.
Whichever of IVV and NIXT 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 NIXT?
IVV has an expense ratio of 0.03% while NIXT charges 0.19%. IVV is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, IVV or NIXT?
Over the past year IVV returned +17.31% vs +26.52% for NIXT, so NIXT leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +20.07% vs +18.35% for NIXT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NIXT?
NIXT has been the more volatile fund at 16.4% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs NIXT -27.5%.
Should I hold both IVV and NIXT?
IVV and NIXT have a monthly-return correlation of 0.79, 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 NIXT?
17.4% of NIXT's money is in holdings IVV also owns. 17.4% of NIXT's is in holdings IVV also owns. They hold 33 positions in common, counted across the 490 positions we hold weights for in IVV and 208 in NIXT.
Which pays a higher dividend, IVV or NIXT?
IVV yields 1.06% while NIXT yields 0.89%, so IVV currently pays the higher dividend yield.
Is NIXT better than IVV?
IVV has a lower expense ratio. IVV led over the full window, NIXT over 1Y. NIXT is less concentrated, with 8.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.