IVV vs NJAN
iShares Core S&P 500 ETF vs Innovator Growth 100 Power Buffer ETF - January
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NJAN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $351M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 11 | |
| YTD Return | +14.50% | +9.03% | |
| 1Y Return | +22.02% | +14.47% | |
| 3Y Return (annualized) | +21.80% | +14.10% | |
| 5Y Return (annualized) | +13.37% | +7.68% | |
| Volatility (annualized) | 15.1% | 10.1% | |
| Max Drawdown | -56.5% | -20.7% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 1, 2020 |
IVV vs NJAN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Growth 100 Power Buffer ETF - January (NJAN) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +22.02% while NJAN returned +14.47%. Year to date, IVV is up 14.50% versus a gain of 9.03% for NJAN.
Over three years, IVV compounded at +21.80% per year against +14.10% for NJAN; over five years the annualized figures are +13.37% and +7.68% respectively. Across the full 7-year window we track, NJAN has the edge at +8.35% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.1% for NJAN. 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 -20.7% for NJAN. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NJAN charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for NJAN.
Frequently Asked Questions
Which is cheaper, IVV or NJAN?
IVV has an expense ratio of 0.03% while NJAN charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or NJAN?
Over the past year IVV returned +22.02% vs +14.47% for NJAN, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.07% vs +8.35% for NJAN. Past performance does not guarantee future results.
Which is riskier, IVV or NJAN?
IVV has been the more volatile fund at 15.1% annualized versus 10.1% for NJAN. Worst drawdown: IVV -56.5% vs NJAN -20.7%.
Should I hold both IVV and NJAN?
IVV and NJAN have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or NJAN?
IVV yields 1.09% while NJAN yields 0.00%, so IVV currently pays the higher dividend yield.
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