IVV vs NUMG
iShares Core S&P 500 ETF vs Nuveen ESG Mid-Cap Growth ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | NUMG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.31% | |
| AUM | $865.2B | $343M | |
| Dividend Yield | 1.09% | 0.01% | |
| Holdings | 508 | 43 | |
| YTD Return | +13.80% | +1.81% | |
| 1Y Return | +23.01% | +3.81% | |
| 3Y Return (annualized) | +21.77% | +7.52% | |
| 5Y Return (annualized) | +13.39% | -0.39% | |
| Volatility (annualized) | 15.1% | 19.7% | |
| Max Drawdown | -56.5% | -39.0% | |
| Fund Family | iShares by BlackRock (US) | Nuveen | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 13, 2016 |
IVV vs NUMG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Nuveen ESG Mid-Cap Growth ETF (NUMG) is a ETF from Nuveen. Over the past year IVV returned +23.01% while NUMG returned +3.81%. Year to date, IVV is up 13.80% versus a gain of 1.81% for NUMG.
Over three years, IVV compounded at +21.77% per year against +7.52% for NUMG; over five years the annualized figures are +13.39% and -0.39% respectively. Across the full 10-year window we track, NUMG has the edge at +9.57% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUMG has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -39.0% for NUMG. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NUMG charges 0.31%. On a $10,000 position that is $3 vs $31 annually, a gap of $28 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.01% for NUMG.
Holdings Overlap
IVV and NUMG share 28 holdings out of 520 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NUMG?
IVV has an expense ratio of 0.03% while NUMG charges 0.31%. IVV is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, IVV or NUMG?
Over the past year IVV returned +23.01% vs +3.81% for NUMG, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +7.04% vs +9.57% for NUMG. Past performance does not guarantee future results.
Which is riskier, IVV or NUMG?
NUMG has been the more volatile fund at 19.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NUMG -39.0%.
Should I hold both IVV and NUMG?
IVV and NUMG have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NUMG?
IVV and NUMG share 28 common holdings with a 1.6% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, IVV or NUMG?
IVV yields 1.09% while NUMG yields 0.01%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.