IVV vs NUDV
iShares Core S&P 500 ETF vs Nuveen ESG Dividend 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 | NUDV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.26% | |
| AUM | $907.0B | $51M | |
| Dividend Yield | 1.10% | 2.11% | |
| Holdings | 508 | 86 | |
| YTD Return | +14.29% | +14.51% | |
| 1Y Return | +21.79% | +21.47% | |
| 3Y Return (annualized) | +22.19% | +15.82% | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 15.8% | |
| Max Drawdown | -56.5% | -20.1% | |
| Fund Family | iShares by BlackRock (US) | Nuveen | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 27, 2021 |
IVV vs NUDV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Nuveen ESG Dividend ETF (NUDV) is a ETF from Nuveen. Over the past year IVV returned +21.79% while NUDV returned +21.47%. Year to date, IVV is up 14.29% versus a gain of 14.51% for NUDV.
Over three years, IVV compounded at +22.19% per year against +15.82% for NUDV. Across the full 5-year window we track, NUDV has the edge at +10.21% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUDV has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -20.1% for NUDV. 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 0.84. 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 1.10% against 2.11% for NUDV.
Holdings Overlap
IVV and NUDV share 81 holdings out of 509 unique holdings combined, representing a 12.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $23 per year of difference.
Which performed better, IVV or NUDV?
Over the past year IVV returned +21.79% vs +21.47% for NUDV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.06% vs +10.21% for NUDV. Past performance does not guarantee future results.
Which is riskier, IVV or NUDV?
NUDV has been the more volatile fund at 15.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NUDV -20.1%.
Should I hold both IVV and NUDV?
IVV and NUDV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NUDV?
IVV and NUDV share 81 common holdings with a 12.4% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or NUDV?
IVV yields 1.10% while NUDV yields 2.11%, so NUDV currently pays the higher dividend yield.
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