IVV vs NXTE
iShares Core S&P 500 ETF vs AXS Green Alpha ETF
Quick Verdict
IVV has a lower expense ratio. NXTE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NXTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.00% | |
| AUM | $907.0B | $53M | |
| Dividend Yield | 1.10% | 0.56% | |
| Holdings | 508 | 60 | |
| YTD Return | +12.28% | +22.14% | |
| 1Y Return | +20.94% | +41.54% | |
| 3Y Return (annualized) | +21.81% | +18.24% | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 27.7% | |
| Max Drawdown | -56.5% | -28.6% | |
| Fund Family | iShares by BlackRock (US) | AXS Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 27, 2022 |
IVV vs NXTE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and AXS Green Alpha ETF (NXTE) is a ETF from AXS Investments. Over the past year IVV returned +20.94% while NXTE returned +41.54%. Year to date, IVV is up 12.28% versus a gain of 22.14% for NXTE.
Over three years, IVV compounded at +21.81% per year against +18.24% for NXTE. Across the full 4-year window we track, NXTE has the edge at +14.10% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NXTE has been the more volatile fund, with annualized monthly volatility of 27.7% 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 -28.6% for NXTE. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NXTE charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.56% for NXTE.
Holdings Overlap
IVV and NXTE share 10 holdings out of 547 unique holdings combined, representing a 2.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NXTE?
IVV has an expense ratio of 0.03% while NXTE charges 1.00%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, IVV or NXTE?
Over the past year IVV returned +20.94% vs +41.54% for NXTE, so NXTE leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +6.98% vs +14.10% for NXTE. Past performance does not guarantee future results.
Which is riskier, IVV or NXTE?
NXTE has been the more volatile fund at 27.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NXTE -28.6%.
Should I hold both IVV and NXTE?
IVV and NXTE have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NXTE?
IVV and NXTE share 10 common holdings with a 2.2% weight overlap. Combined, they hold 547 unique securities.
Which pays a higher dividend, IVV or NXTE?
IVV yields 1.10% while NXTE yields 0.56%, so IVV currently pays the higher dividend yield.
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