IVV vs NUDM
iShares Core S&P 500 ETF vs Nuveen ESG International Developed Markets Equity ETF
Which is better, IVV or NUDM?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUDM is less concentrated, with 22.6% 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 | NUDM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.27% |
| AUM | $876.4B | $733M |
| Dividend Yield | 1.06% | 4.85% |
| Holdings | 508 | 188 |
| YTD Return | +11.57%Best | +9.87% |
| 1Y Return | +17.57%Best | +16.65% |
| 3Y Return (annualized) | +20.71%Best | +17.77% |
| 5Y Return (annualized) | +12.80%Best | +8.46% |
| Volatility (annualized) | 16.0% | 15.9%Best |
| Max Drawdown | -33.9% | -32.0%Best |
| $10,000 over 5 years | $18,262Best | $15,009 |
| Top 10 Weight | 37.9% | 22.6%Best |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jun 6, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 7, 2017 to Sep 10, 2026 (9.3 years).
IVV vs NUDM 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 9.3 years both funds cover.
IVV vs NUDM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen ESG International Developed Markets Equity ETF (NUDM) is an ETF from Nuveen. Over the past year IVV returned +17.57% while NUDM returned +16.65%. Year to date, IVV is up 11.57% versus a gain of 9.87% for NUDM.
Over three years, IVV compounded at +20.71% per year against +17.77% for NUDM; over five years the annualized figures are +12.80% and +8.46% respectively. Across the full 9-year window we track, IVV has the edge at +13.96% annualized vs +8.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.9% for NUDM. 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 -33.9% for IVV and -32.0% for NUDM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 4.85% for NUDM.
Holdings Overlap
0.1% of IVV's money is in holdings NUDM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 149 in NUDM, against full books of 508 and 188.
What only one of them owns
Our book lists 8 positions for NUDM that do not appear in our book for IVV (8.1% of the fund), and 495 for IVV that do not appear in NUDM (99.3%).
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 NUDM | Difference |
|---|---|---|---|
| UMG:ASUniversal Music Group NV | 0.06% | 0.03% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of IVV and NUDM 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 NUDM?
IVV has an expense ratio of 0.03% while NUDM charges 0.27%. IVV is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, IVV or NUDM?
Over the past year IVV returned +17.57% vs +16.65% for NUDM, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +13.96% vs +8.46% for NUDM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NUDM?
IVV has been the more volatile fund at 16.0% annualized versus 15.9% for NUDM. Worst drawdown: IVV -33.9% vs NUDM -32.0%.
Should I hold both IVV and NUDM?
IVV and NUDM have a monthly-return correlation of 0.83, 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 NUDM?
IVV yields 1.06% while NUDM yields 4.85%, so NUDM currently pays the higher dividend yield.
Is NUDM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUDM is less concentrated, with 22.6% 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.