IVV vs NUMG
iShares Core S&P 500 ETF vs Nuveen ESG Mid-Cap Growth ETF
Which is better, IVV or NUMG?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUMG is less concentrated, with 31.0% of the fund in its ten largest positions against 37.8%.
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 | NUMG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.31% |
| AUM | $876.4B | $355M |
| Dividend Yield | 1.06% | 0.01% |
| Holdings | 508 | 44 |
| YTD Return | +12.39%Best | -4.29% |
| 1Y Return | +16.61%Best | -7.70% |
| 3Y Return (annualized) | +21.38%Best | +6.75% |
| 5Y Return (annualized) | +13.51%Best | -1.63% |
| Volatility (annualized) | 15.6%Best | 19.7% |
| Max Drawdown | -33.9%Best | -39.0% |
| $10,000 over 5 years | $18,844Best | $9,211 |
| Top 10 Weight | 37.8% | 31.0%Best |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Dec 13, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 14, 2016 to Sep 18, 2026 (9.8 years).
IVV vs NUMG 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 9.8 years both funds cover.
IVV vs NUMG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen ESG Mid-Cap Growth ETF (NUMG) is an ETF from Nuveen. Over the past year IVV returned +16.61% while NUMG returned -7.70%. Year to date, IVV is up 12.39% versus a loss of 4.29% for NUMG.
Over three years, IVV compounded at +21.38% per year against +6.75% for NUMG; over five years the annualized figures are +13.51% and -1.63% respectively. Across the full 10-year window we track, IVV has the edge at +14.16% annualized vs +8.77%.
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 15.6% 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 -33.9% for IVV and -39.0% for NUMG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 0.01% for NUMG.
Holdings Overlap
1.3% of IVV's money is in holdings NUMG also owns. 56.8% of NUMG's money is in holdings IVV also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 490 positions we hold weights for in IVV and 45 in NUMG, against full books of 508 and 44.
What only one of them owns
Our book lists 19 positions for NUMG that do not appear in our book for IVV (38.7% of the fund), and 458 for IVV that do not appear in NUMG (97.3%).
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 NUMG | Difference |
|---|---|---|---|
| LITELumentum Holdings Inc | 0.11% | 4.26% | 4.15% |
| FIXComfort Systems USA Inc. | 0.08% | 3.54% | 3.46% |
| CIENCiena Corp | 0.08% | 3.29% | 3.21% |
| VEEVVeeva Systems Inc | 0.06% | 3.21% | 3.15% |
| IDXXIdexx Labs | 0.07% | 3.02% | 2.95% |
| KEYSKeysight Technologies Inc. | 0.08% | 2.84% | 2.76% |
| AXONAxon Enterprise Inc | 0.07% | 2.68% | 2.61% |
| RMDResmed Inc. | 0.05% | 2.68% | 2.63% |
| EMEEmcor Group Inc | 0.05% | 2.58% | 2.53% |
| GWWWw Grainger Inc. | 0.09% | 2.48% | 2.39% |
56.8% of NUMG 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 NUMG?
IVV has an expense ratio of 0.03% while NUMG charges 0.31%. IVV is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, IVV or NUMG?
Over the past year IVV returned +16.61% vs -7.70% for NUMG, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.16% vs +8.77% for NUMG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NUMG?
NUMG has been the more volatile fund at 19.7% annualized versus 15.6% for IVV. Worst drawdown: IVV -33.9% vs NUMG -39.0%.
Should I hold both IVV and NUMG?
IVV and NUMG have a monthly-return correlation of 0.89, 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 NUMG?
56.8% of NUMG's money is in holdings IVV also owns. 56.8% of NUMG's is in holdings IVV also owns. They hold 24 positions in common, counted across the 490 positions we hold weights for in IVV and 45 in NUMG.
Which pays a higher dividend, IVV or NUMG?
IVV yields 1.06% while NUMG yields 0.01%, so IVV currently pays the higher dividend yield.
Is NUMG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. NUMG is less concentrated, with 31.0% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.