IVV vs NUDM
iShares Core S&P 500 ETF vs Nuveen ESG International Developed Markets Equity 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 | NUDM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.27% | |
| AUM | $907.0B | $739M | |
| Dividend Yield | 1.10% | 4.94% | |
| Holdings | 508 | 153 | |
| YTD Return | +12.28% | +11.98% | |
| 1Y Return | +20.94% | +19.05% | |
| 3Y Return (annualized) | +21.81% | +19.20% | |
| 5Y Return (annualized) | +13.05% | +9.28% | |
| Volatility (annualized) | 15.1% | 15.9% | |
| Max Drawdown | -56.5% | -32.0% | |
| Fund Family | iShares by BlackRock (US) | Nuveen | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 6, 2017 |
IVV vs NUDM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Nuveen ESG International Developed Markets Equity ETF (NUDM) is a ETF from Nuveen. Over the past year IVV returned +20.94% while NUDM returned +19.05%. Year to date, IVV is up 12.28% versus a gain of 11.98% for NUDM.
Over three years, IVV compounded at +21.81% per year against +19.20% for NUDM; over five years the annualized figures are +13.05% and +9.28% respectively. Across the full 9-year window we track, NUDM has the edge at +8.74% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUDM has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.1% 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 -56.5% for IVV and -32.0% for NUDM. 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NUDM charges 0.27%. On a $10,000 position that is $3 vs $27 annually, a gap of $24 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 4.94% for NUDM.
Holdings Overlap
IVV and NUDM share 0 holdings out of 654 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 NUDM?
IVV has an expense ratio of 0.03% while NUDM charges 0.27%. IVV is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, IVV or NUDM?
Over the past year IVV returned +20.94% vs +19.05% for NUDM, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +6.98% vs +8.74% for NUDM. Past performance does not guarantee future results.
Which is riskier, IVV or NUDM?
NUDM has been the more volatile fund at 15.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NUDM -32.0%.
Should I hold both IVV and NUDM?
IVV and NUDM have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NUDM?
IVV and NUDM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 654 unique securities.
Which pays a higher dividend, IVV or NUDM?
IVV yields 1.10% while NUDM yields 4.94%, so NUDM currently pays the higher dividend yield.
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