IVV vs NXTE
iShares Core S&P 500 ETF vs AXS Green Alpha ETF
Which is better, IVV or NXTE?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 3Y and the full window, NXTE over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 54.6%.
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 | NXTE |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $876.4B | $52M |
| Dividend Yield | 1.06% | 0.53% |
| Holdings | 508 | 60 |
| YTD Return | +11.57% | +18.36%Best |
| 1Y Return | +17.57% | +32.08%Best |
| 3Y Return (annualized) | +20.71%Best | +16.51% |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 13.3%Best | 27.3% |
| Max Drawdown | -18.8%Best | -28.6% |
| $10,000 over 3.9 years | $21,801Best | $16,096 |
| Top 10 Weight | 37.9%Best | 54.6% |
| Fund Family | iShares by BlackRock (US) | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Sep 27, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 10, 2026 (3.9 years).
IVV vs NXTE 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 3.9 years both funds cover.
IVV vs NXTE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AXS Green Alpha ETF (NXTE) is an ETF from AXS Investments. Over the past year IVV returned +17.57% while NXTE returned +32.08%. Year to date, IVV is up 11.57% versus a gain of 18.36% for NXTE.
Over three years, IVV compounded at +20.71% per year against +16.51% for NXTE. Across the full 4-year window we track, IVV has the edge at +22.12% annualized vs +12.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NXTE has been the more volatile fund, with annualized monthly volatility of 27.3% compared with 13.3% 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 -18.8% for IVV and -28.6% for NXTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. 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 1.06% against 0.53% for NXTE.
Holdings Overlap
2.7% of IVV's money is in holdings NXTE also owns. 27.8% of NXTE's money is in holdings IVV also owns.
NXTE and IVV share little of their money.
11 positions in common, counted across the 505 positions we hold weights for in IVV and 52 in NXTE, against full books of 508 and 60.
What only one of them owns
Our book lists 32 positions for NXTE that do not appear in our book for IVV (30.3% of the fund), and 484 for IVV that do not appear in NXTE (96.6%).
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 NXTE | Difference |
|---|---|---|---|
| LRCXLam Research Corp | 0.58% | 4.20% | 3.62% |
| AMATApplied Materials, Inc. | 0.64% | 4.05% | 3.41% |
| IBMInternational Business Machines Corp. | 0.33% | 3.80% | 3.47% |
| MRNAModerna Inc | 0.03% | 3.90% | 3.87% |
| QCOMQualcomm Inc. | 0.25% | 2.54% | 2.29% |
| DLRDigital Realty Trust Inc. | 0.10% | 2.25% | 2.15% |
| EQIXEquinix, Inc. | 0.16% | 1.87% | 1.71% |
| ADIAnalog Devices, Inc. | 0.28% | 1.32% | 1.04% |
| BXPBoston Properties Inc | 0.02% | 1.42% | 1.40% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 1.09% | 0.77% |
27.8% of NXTE 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 NXTE?
IVV has an expense ratio of 0.03% while NXTE charges 1.00%. IVV is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, IVV or NXTE?
Over the past year IVV returned +17.57% vs +32.08% for NXTE, so NXTE leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +22.12% vs +12.98% for NXTE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NXTE?
NXTE has been the more volatile fund at 27.3% annualized versus 13.3% for IVV. Worst drawdown: IVV -18.8% vs NXTE -28.6%.
Should I hold both IVV and NXTE?
IVV and NXTE have a monthly-return correlation of 0.78, 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 NXTE?
27.8% of NXTE's money is in holdings IVV also owns. 27.8% of NXTE's is in holdings IVV also owns. They hold 11 positions in common, counted across the 505 positions we hold weights for in IVV and 52 in NXTE.
Which pays a higher dividend, IVV or NXTE?
IVV yields 1.06% while NXTE yields 0.53%, so IVV currently pays the higher dividend yield.
Is NXTE better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, NXTE over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 54.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.