IVV vs NVDY
iShares Core S&P 500 ETF vs YieldMax NVDA Option Income Strategy ETF
Quick Verdict
IVV has a lower expense ratio. NVDY delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NVDY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.27% | |
| AUM | $865.2B | $1.4B | |
| Dividend Yield | 1.09% | 65.68% | |
| Holdings | 508 | 16 | |
| YTD Return | +14.50% | +15.49% | |
| 1Y Return | +22.02% | +22.41% | |
| 3Y Return (annualized) | +21.80% | +54.84% | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 29.5% | |
| Max Drawdown | -56.5% | -33.9% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | May 10, 2023 |
IVV vs NVDY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax NVDA Option Income Strategy ETF (NVDY) is a ETF from YieldMax ETF. Over the past year IVV returned +22.02% while NVDY returned +22.41%. Year to date, IVV is up 14.50% versus a gain of 15.49% for NVDY.
Over three years, IVV compounded at +21.80% per year against +54.84% for NVDY. Across the full 3-year window we track, NVDY has the edge at +59.06% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDY has been the more volatile fund, with annualized monthly volatility of 29.5% 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 -33.9% for NVDY. 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NVDY charges 1.27%. On a $10,000 position that is $3 vs $127 annually, a gap of $124 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 65.68% for NVDY.
Holdings Overlap
IVV and NVDY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NVDY?
IVV has an expense ratio of 0.03% while NVDY charges 1.27%. IVV is the cheaper option. On a $10,000 investment, that is $124 per year of difference.
Which performed better, IVV or NVDY?
Over the past year IVV returned +22.02% vs +22.41% for NVDY, so NVDY leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.07% vs +59.06% for NVDY. Past performance does not guarantee future results.
Which is riskier, IVV or NVDY?
NVDY has been the more volatile fund at 29.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NVDY -33.9%.
Should I hold both IVV and NVDY?
IVV and NVDY have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NVDY?
IVV and NVDY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or NVDY?
IVV yields 1.09% while NVDY yields 65.68%, so NVDY currently pays the higher dividend yield.
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