IVV vs PWER
iShares Core S&P 500 ETF vs Nomura Energy Transition ETF
Quick Verdict
IVV has a lower expense ratio. PWER delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PWER | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.80% | |
| AUM | $865.2B | $12M | |
| Dividend Yield | 1.09% | 0.82% | |
| Holdings | 508 | 36 | |
| YTD Return | +13.43% | +27.24% | |
| 1Y Return | +22.61% | +57.45% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 20.5% | |
| Max Drawdown | -56.5% | -30.0% | |
| Fund Family | iShares by BlackRock (US) | Nomura Asset Management Co Ltd | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 28, 2023 |
IVV vs PWER Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Nomura Energy Transition ETF (PWER) is a ETF from Nomura Asset Management Co Ltd. Over the past year IVV returned +22.61% while PWER returned +57.45%. Year to date, IVV is up 13.43% versus a gain of 27.24% for PWER.
Risk: Volatility and Drawdowns
PWER has been the more volatile fund, with annualized monthly volatility of 20.5% 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 -30.0% for PWER. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PWER charges 0.80%. On a $10,000 position that is $3 vs $80 annually, a gap of $77 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.82% for PWER.
Holdings Overlap
IVV and PWER share 12 holdings out of 525 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PWER?
IVV has an expense ratio of 0.03% while PWER charges 0.80%. IVV is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, IVV or PWER?
Over the past year IVV returned +22.61% vs +57.45% for PWER, so PWER leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +25.57% for PWER. Past performance does not guarantee future results.
Which is riskier, IVV or PWER?
PWER has been the more volatile fund at 20.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PWER -30.0%.
Should I hold both IVV and PWER?
IVV and PWER have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PWER?
IVV and PWER share 12 common holdings with a 1.4% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, IVV or PWER?
IVV yields 1.09% while PWER yields 0.82%, so IVV currently pays the higher dividend yield.
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