IVV vs NPCT
iShares Core S&P 500 ETF vs Nuveen Core Plus Impact Fund
Which is better, IVV or NPCT?
IVV has been ahead.
IVV has a lower expense ratio. 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 | NPCT |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.38% |
| AUM | $876.4B | - |
| Dividend Yield | 1.06% | 11.30% |
| Holdings | 508 | 131 |
| YTD Return | +11.03%Best | +2.48% |
| 1Y Return | +15.62%Best | -2.30% |
| 3Y Return (annualized) | +20.81%Best | +12.85% |
| 5Y Return (annualized) | +12.61%Best | -3.09% |
| Volatility (annualized) | 15.4%Best | 16.7% |
| Max Drawdown | -24.5%Best | -46.8% |
| $10,000 over 5 years | $18,109Best | $8,548 |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Apr 27, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 28, 2021 to Sep 16, 2026 (5.4 years).
IVV vs NPCT 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 5.4 years both funds cover.
IVV vs NPCT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen Core Plus Impact Fund (NPCT) is an ETF from Nuveen. Over the past year IVV returned +15.62% while NPCT returned -2.30%. Year to date, IVV is up 11.03% versus a gain of 2.48% for NPCT.
Over three years, IVV compounded at +20.81% per year against +12.85% for NPCT; over five years the annualized figures are +12.61% and -3.09% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NPCT has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 15.4% 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 -24.5% for IVV and -46.8% for NPCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NPCT charges 1.38%. On a $10,000 position that is $3 vs $138 annually, a gap of $135 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 11.30% for NPCT.
Holdings Overlap
At least 0.7% of IVV's money is in holdings NPCT also owns.
Stated as a floor: for NPCT, our book for it covers 64.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 62 days apart, IVV as of Aug 31, 2026 and NPCT as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 490 positions we hold weights for in IVV and 69 in NPCT, against full books of 508 and 131.
You are not choosing between two funds in isolation.
Whichever of IVV and NPCT 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 NPCT?
IVV has an expense ratio of 0.03% while NPCT charges 1.38%. IVV is the cheaper option, by $135 a year on a $10,000 investment.
Which performed better, IVV or NPCT?
Over the past year IVV returned +15.62% vs -2.30% for NPCT, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NPCT?
NPCT has been the more volatile fund at 16.7% annualized versus 15.4% for IVV. Worst drawdown: IVV -24.5% vs NPCT -46.8%.
Should I hold both IVV and NPCT?
IVV and NPCT have a monthly-return correlation of 0.70, 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 NPCT?
IVV yields 1.06% while NPCT yields 11.30%, so NPCT currently pays the higher dividend yield.
Is NPCT better than IVV?
IVV has a lower expense ratio. 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.