IVV vs NXG
iShares Core S&P 500 ETF vs NXG NextGen Infrastructure Income Fund
Which is better, IVV or NXG?
Large Cap Blend against Mid Cap Value.
IVV has a lower expense ratio. IVV led over the full window, NXG over 1Y, 3Y and 5Y.
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 | NXG |
|---|---|---|
| Expense Ratio | 0.03%Best | 3.15% |
| AUM | $876.4B | $440M |
| Dividend Yield | 1.06% | 12.19% |
| Holdings | 508 | 76 |
| YTD Return | +12.51% | +19.79%Best |
| 1Y Return | +17.57% | +32.54%Best |
| 3Y Return (annualized) | +21.27% | +28.32%Best |
| 5Y Return (annualized) | +12.95% | +15.38%Best |
| Volatility (annualized) | 14.2%Best | 29.2% |
| Max Drawdown | -33.9%Best | -86.5% |
| $10,000 over 5 years | $18,384 | $20,448Best |
| Fund Family | iShares by BlackRock (US) | The Cushing Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | May 15, 2000 | Sep 26, 2012 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2012 to Sep 11, 2026 (14 years).
IVV vs NXG 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 14 years both funds cover.
IVV vs NXG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NXG NextGen Infrastructure Income Fund (NXG) is an ETF from The Cushing Funds. Over the past year IVV returned +17.57% while NXG returned +32.54%. Year to date, IVV is up 12.51% versus a gain of 19.79% for NXG.
Over three years, IVV compounded at +21.27% per year against +28.32% for NXG; over five years the annualized figures are +12.95% and +15.38% respectively. Across the full 14-year window we track, IVV has the edge at +13.37% annualized vs +0.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NXG has been the more volatile fund, with annualized monthly volatility of 29.2% compared with 14.2% 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 -86.5% for NXG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while NXG charges 3.15%. On a $10,000 position that is $3 vs $315 annually, a gap of $312 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 12.19% for NXG.
Holdings Overlap
At least 3.0% of IVV's money is in holdings NXG also owns.
Only one direction is shown: for NXG, our book for it lists positions totalling 139.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and NXG share little of their money.
The two holdings books were reported 66 days apart, IVV as of Aug 5, 2026 and NXG as of May 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
20 positions in common, counted across the 505 positions we hold weights for in IVV and 53 in NXG, against full books of 508 and 76.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NXG | Difference |
|---|---|---|---|
| NRGNrg Energy Inc. | 0.04% | 6.39% | 6.35% |
| VSTVistra Energy Corp. | 0.07% | 5.52% | 5.45% |
| PANWPalo Alto Networks Inc. | 0.44% | 4.85% | 4.41% |
| PWRQuanta Services, Inc. | 0.15% | 5.09% | 4.94% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 4.75% | 4.43% |
| CEGConstellation Energy Corp | 0.13% | 4.92% | 4.79% |
| TRGPTarga Resources Corp. | 0.08% | 3.98% | 3.90% |
| OKEOneok Inc. | 0.08% | 3.26% | 3.18% |
| ETREntergy Corp. | 0.07% | 2.95% | 2.88% |
| SOSouthern Co. | 0.16% | 1.97% | 1.81% |
You are not choosing between two funds in isolation.
Whichever of IVV and NXG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or NXG?
IVV has an expense ratio of 0.03% while NXG charges 3.15%. IVV is the cheaper option, by $312 a year on a $10,000 investment.
Which performed better, IVV or NXG?
Over the past year IVV returned +17.57% vs +32.54% for NXG, so NXG leads on 1-year performance. Over the longest common window we track (14 years), IVV annualized +13.37% vs +0.19% for NXG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NXG?
NXG has been the more volatile fund at 29.2% annualized versus 14.2% for IVV. Worst drawdown: IVV -33.9% vs NXG -86.5%.
Should I hold both IVV and NXG?
IVV and NXG have a monthly-return correlation of 0.68, 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 NXG?
At least 3.0% of IVV's money is in holdings NXG also owns. Our book for NXG is partial, so the real figure is this or higher. They hold 20 positions in common, counted across the 505 positions we hold weights for in IVV and 53 in NXG.
Which pays a higher dividend, IVV or NXG?
IVV yields 1.06% while NXG yields 12.19%, so NXG currently pays the higher dividend yield.
Is NXG better than IVV?
IVV has a lower expense ratio. IVV led over the full window, NXG over 1Y, 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.