IVV vs NJNK
iShares Core S&P 500 ETF vs Columbia US High Yield ETF
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 | NJNK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.46% | |
| AUM | $907.0B | $40M | |
| Dividend Yield | 1.10% | 6.44% | |
| Holdings | 508 | 462 | |
| YTD Return | +12.71% | +2.39% | |
| 1Y Return | +21.89% | +5.72% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 3.1% | |
| Max Drawdown | -56.5% | -4.5% | |
| Fund Family | iShares by BlackRock (US) | Columbia Threadneedle Investments | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 5, 2024 |
IVV vs NJNK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Columbia US High Yield ETF (NJNK) is a ETF from Columbia Threadneedle Investments. Over the past year IVV returned +21.89% while NJNK returned +5.72%. Year to date, IVV is up 12.71% versus a gain of 2.39% for NJNK.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.1% for NJNK. 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 -4.5% for NJNK. 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 NJNK charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 6.44% for NJNK.
Holdings Overlap
IVV and NJNK share 0 holdings out of 850 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NJNK?
IVV has an expense ratio of 0.03% while NJNK charges 0.46%. IVV is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, IVV or NJNK?
Over the past year IVV returned +21.89% vs +5.72% for NJNK, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.00% vs +5.86% for NJNK. Past performance does not guarantee future results.
Which is riskier, IVV or NJNK?
IVV has been the more volatile fund at 15.1% annualized versus 3.1% for NJNK. Worst drawdown: IVV -56.5% vs NJNK -4.5%.
Should I hold both IVV and NJNK?
IVV and NJNK 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 NJNK?
IVV and NJNK share 0 common holdings with a 0.0% weight overlap. Combined, they hold 850 unique securities.
Which pays a higher dividend, IVV or NJNK?
IVV yields 1.10% while NJNK yields 6.44%, so NJNK currently pays the higher dividend yield.
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