IVV vs NVBW
iShares Core S&P 500 ETF vs AllianzIM US Equity Buffer20 Nov 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 | NVBW | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.74% | |
| AUM | $865.2B | $94M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +13.72% | +7.14% | |
| 1Y Return | +21.64% | +10.55% | |
| 3Y Return (annualized) | +21.55% | +8.89% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 5.6% | |
| Max Drawdown | -56.5% | -8.4% | |
| Fund Family | iShares by BlackRock (US) | AllianzIM | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Oct 31, 2022 |
IVV vs NVBW Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AllianzIM US Equity Buffer20 Nov ETF (NVBW) is a ETF from AllianzIM. Over the past year IVV returned +21.64% while NVBW returned +10.55%. Year to date, IVV is up 13.72% versus a gain of 7.14% for NVBW.
Over three years, IVV compounded at +21.55% per year against +8.89% for NVBW. Across the full 4-year window we track, NVBW has the edge at +10.26% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.6% for NVBW. 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 -8.4% for NVBW. 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while NVBW charges 0.74%. On a $10,000 position that is $3 vs $74 annually, a gap of $71 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for NVBW.
Frequently Asked Questions
Which is cheaper, IVV or NVBW?
IVV has an expense ratio of 0.03% while NVBW charges 0.74%. IVV is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, IVV or NVBW?
Over the past year IVV returned +21.64% vs +10.55% for NVBW, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.04% vs +10.26% for NVBW. Past performance does not guarantee future results.
Which is riskier, IVV or NVBW?
IVV has been the more volatile fund at 15.1% annualized versus 5.6% for NVBW. Worst drawdown: IVV -56.5% vs NVBW -8.4%.
Should I hold both IVV and NVBW?
IVV and NVBW have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, IVV or NVBW?
IVV yields 1.09% while NVBW yields 0.00%, 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.