IVV vs NRES
iShares Core S&P 500 ETF vs Xtrackers RREEF Global Natural Resources ETF
Which is better, IVV or NRES?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over the full window, NRES over 1Y. NRES is less concentrated, with 36.8% of the fund in its ten largest positions against 37.9%.
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 | NRES |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.45% |
| AUM | $886.7B | $38M |
| Dividend Yield | 1.10% | 2.48% |
| Holdings | 508 | 61 |
| YTD Return | +13.39% | +22.27%Best |
| 1Y Return | +20.08% | +39.69%Best |
| 3Y Return (annualized) | +21.29% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 11.9%Best | 16.4% |
| Max Drawdown | -18.8%Best | -21.5% |
| $10,000 over 2.5 years | $15,630Best | $15,474 |
| Top 10 Weight | 37.9% | 36.8%Best |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Feb 27, 2024 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Feb 27, 2024 to Sep 4, 2026 (2.5 years).
IVV vs NRES 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 2.5 years both funds cover.
IVV vs NRES Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Xtrackers RREEF Global Natural Resources ETF (NRES) is an ETF from Xtrackers ETFs. Over the past year IVV returned +20.08% while NRES returned +39.69%. Year to date, IVV is up 13.39% versus a gain of 22.27% for NRES.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NRES has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 11.9% 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 -21.5% for NRES. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.15. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while NRES charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.48% for NRES.
Holdings Overlap
3.0% of IVV's money is in holdings NRES also owns. 38.3% of NRES's money is in holdings IVV also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 504 positions we hold weights for in IVV and 59 in NRES, against full books of 508 and 61.
What only one of them owns
Our book lists 9 positions for NRES that do not appear in our book for IVV (14.1% of the fund), and 469 for IVV that do not appear in NRES (96.3%).
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 NRES | Difference |
|---|---|---|---|
| NEMNewmont Corp. | 0.17% | 4.60% | 4.43% |
| XOMExxon Mobil Corp | 0.94% | 3.80% | 2.86% |
| CVXChevron Corp.United States -Energy | 0.52% | 3.03% | 2.51% |
| SWR:IESmurfit WestRock PLC|332 | 0.04% | 2.92% | 2.88% |
| CTVACorteva Inc. | 0.08% | 2.54% | 2.46% |
| STLDSteel Dynamics Inc | 0.05% | 2.10% | 2.05% |
| PKGPackaging Corp. Of America | 0.03% | 2.11% | 2.08% |
| ADMArcher-Daniels-Midland Co. | 0.06% | 1.91% | 1.85% |
| ALBAlbemarle Corp. | 0.02% | 1.78% | 1.76% |
| BALLBall Corp. | 0.03% | 1.66% | 1.63% |
38.3% of NRES is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or NRES?
IVV has an expense ratio of 0.03% while NRES charges 0.45%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, IVV or NRES?
Over the past year IVV returned +20.08% vs +39.69% for NRES, so NRES leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NRES?
NRES has been the more volatile fund at 16.4% annualized versus 11.9% for IVV. Worst drawdown: IVV -18.8% vs NRES -21.5%.
Should I hold both IVV and NRES?
IVV and NRES have a monthly-return correlation of 0.15, 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 NRES?
38.3% of NRES's money is in holdings IVV also owns. 38.3% of NRES's is in holdings IVV also owns. They hold 25 positions in common, counted across the 504 positions we hold weights for in IVV and 59 in NRES.
Which pays a higher dividend, IVV or NRES?
IVV yields 1.10% while NRES yields 2.48%, so NRES currently pays the higher dividend yield.
Is NRES better than IVV?
IVV has a lower expense ratio. IVV led over the full window, NRES over 1Y. NRES is less concentrated, with 36.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.