IVV vs NUDV
iShares Core S&P 500 ETF vs Nuveen ESG Dividend ETF
Which is better, IVV or NUDV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUDV 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 | NUDV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.26% |
| AUM | $876.4B | $54M |
| Dividend Yield | 1.06% | 2.07% |
| Holdings | 508 | 86 |
| YTD Return | +11.57%Best | +11.34% |
| 1Y Return | +17.57%Best | +17.45% |
| 3Y Return (annualized) | +20.71%Best | +14.79% |
| 5Y Return (annualized) | +12.80%Best | +9.43% |
| Volatility (annualized) | 15.7%Tie | 15.7%Tie |
| Max Drawdown | -24.5% | -20.1%Best |
| $10,000 over 5 years | $18,262Best | $15,692 |
| Top 10 Weight | 37.9% | 22.6%Best |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Sep 27, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2021 to Sep 10, 2026 (5 years).
IVV vs NUDV 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 years both funds cover.
IVV vs NUDV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen ESG Dividend ETF (NUDV) is an ETF from Nuveen. Over the past year IVV returned +17.57% while NUDV returned +17.45%. Year to date, IVV is up 11.57% versus a gain of 11.34% for NUDV.
Over three years, IVV compounded at +20.71% per year against +14.79% for NUDV; over five years the annualized figures are +12.80% and +9.43% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV and NUDV have been equally volatile, both at 15.7% annualized.
The deepest peak-to-trough decline in our data was -24.5% for IVV and -20.1% for NUDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NUDV charges 0.26%. On a $10,000 position that is $3 vs $26 annually, a gap of $23 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.07% for NUDV.
Holdings Overlap
13.1% of IVV's money is in holdings NUDV also owns. 97.2% of NUDV's money is in holdings IVV also owns.
Most of NUDV is already inside IVV. Owning both mostly buys the same companies twice.
83 positions in common, counted across the 505 positions we hold weights for in IVV and 85 in NUDV, against full books of 508 and 86.
What only one of them owns
Our book lists 1 positions for NUDV that do not appear in our book for IVV (1.9% of the fund), and 413 for IVV that do not appear in NUDV (86.3%).
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 NUDV | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 0.51% | 2.64% | 2.13% |
| GSGoldman Sachs Group Inc. | 0.47% | 2.58% | 2.11% |
| MRKMerck & Co. Inc. | 0.48% | 2.40% | 1.92% |
| MSMorgan Stanley | 0.39% | 2.41% | 2.02% |
| PGProcter & Gamble Company | 0.51% | 2.26% | 1.75% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 2.03% | 1.31% |
| ABBVAbbvie Inc. | 0.65% | 2.09% | 1.44% |
| IBMInternational Business Machines Corp. | 0.33% | 2.16% | 1.83% |
| VZVerizon Communications, Inc. | 0.29% | 2.01% | 1.72% |
| UNPUnion Pacific Corp | 0.26% | 2.01% | 1.75% |
97.2% of NUDV 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 NUDV?
IVV has an expense ratio of 0.03% while NUDV charges 0.26%. IVV is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, IVV or NUDV?
Over the past year IVV returned +17.57% vs +17.45% for NUDV, 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 NUDV?
IVV and NUDV have been equally volatile, both at 15.7% annualized. Worst drawdown: IVV -24.5% vs NUDV -20.1%.
Should I hold both IVV and NUDV?
IVV and NUDV have a monthly-return correlation of 0.84, 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 NUDV?
97.2% of NUDV's money is in holdings IVV also owns. 97.2% of NUDV's is in holdings IVV also owns. They hold 83 positions in common, counted across the 505 positions we hold weights for in IVV and 85 in NUDV.
Which pays a higher dividend, IVV or NUDV?
IVV yields 1.06% while NUDV yields 2.07%, so NUDV currently pays the higher dividend yield.
Is NUDV better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUDV 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.