IVV vs NNY
iShares Core S&P 500 ETF vs Nuveen New York Municipal Value Fund Inc.
Which is better, IVV or NNY?
Large Cap Blend against Municipal New York.
IVV led over 1Y, 3Y, 5Y and the full window.
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 | NNY |
|---|---|---|
| Expense Ratio | 0.03% | - |
| AUM | $876.4B | - |
| Dividend Yield | 1.06% | 4.08% |
| Holdings | 508 | 134 |
| YTD Return | +11.57%Best | -4.55% |
| 1Y Return | +17.57%Best | +0.69% |
| 3Y Return (annualized) | +20.71%Best | +3.03% |
| 5Y Return (annualized) | +12.80%Best | -0.90% |
| Volatility (annualized) | 15.1% | 8.5%Best |
| Max Drawdown | -56.5% | -32.9%Best |
| $10,000 over 5 years | $18,262Best | $9,558 |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal New York |
| Inception | May 15, 2000 | Oct 7, 1987 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 10, 2026 (26.3 years).
IVV vs NNY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs NNY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen New York Municipal Value Fund Inc. (NNY) is an ETF from Nuveen. Over the past year IVV returned +17.57% while NNY returned +0.69%. Year to date, IVV is up 11.57% versus a loss of 4.55% for NNY.
Over three years, IVV compounded at +20.71% per year against +3.03% for NNY; over five years the annualized figures are +12.80% and -0.90% respectively. Across the full 26-year window we track, IVV has the edge at +6.94% annualized vs +0.62%.
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 8.5% for NNY. 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 -32.9% for NNY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 73 in NNY, totalling 100.0% and 56.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 73 in NNY, against full books of 508 and 134.
You are not choosing between two funds in isolation.
Whichever of IVV and NNY 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 performed better, IVV or NNY?
Over the past year IVV returned +17.57% vs +0.69% for NNY, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.94% vs +0.62% for NNY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NNY?
IVV has been the more volatile fund at 15.1% annualized versus 8.5% for NNY. Worst drawdown: IVV -56.5% vs NNY -32.9%.
Should I hold both IVV and NNY?
IVV and NNY have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or NNY?
IVV yields 1.06% while NNY yields 4.08%, so NNY currently pays the higher dividend yield.
Is NNY better than IVV?
IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.