IVV vs NBET
iShares Core S&P 500 ETF vs Neuberger Berman Energy Transition & Infrastructure ETF
Which is better, IVV or NBET?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over the full window, NBET over 1Y and 3Y. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 59.6%.
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 | NBET |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $896.5B | $54M |
| Dividend Yield | 1.10% | 2.57% |
| Holdings | 508 | 34 |
| YTD Return | +13.59% | +26.43%Best |
| 1Y Return | +17.54% | +32.21%Best |
| 3Y Return (annualized) | +22.46% | +25.73%Best |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 15.0%Best | 19.2% |
| Max Drawdown | -19.9% | -18.7%Best |
| $10,000 over 4.5 years | $18,219Best | $17,743 |
| Top 10 Weight | 38.9%Best | 59.6% |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman ETF Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Apr 6, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 14, 2026 (4.5 years).
IVV vs NBET 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 4.5 years both funds cover.
IVV vs NBET Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an ETF from Neuberger Berman ETF Trust. Over the past year IVV returned +17.54% while NBET returned +32.21%. Year to date, IVV is up 13.59% versus a gain of 26.43% for NBET.
Over three years, IVV compounded at +22.46% per year against +25.73% for NBET.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 15.0% 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 -19.9% for IVV and -18.7% for NBET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while NBET charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.57% for NBET.
Holdings Overlap
2.4% of IVV's money is in holdings NBET also owns. 36.6% of NBET's money is in holdings IVV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 506 positions we hold weights for in IVV and 31 in NBET, against full books of 508 and 34.
What only one of them owns
Our book lists 18 positions for NBET that do not appear in our book for IVV (60.8% of the fund), and 489 for IVV that do not appear in NBET (97.0%).
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 NBET | Difference |
|---|---|---|---|
| TRGPTarga Resources Corp Preferred | 0.09% | 9.18% | 9.09% |
| CVXChevron Corp | 0.62% | 4.80% | 4.18% |
| WMBWilliams Cos. Inc. | 0.13% | 5.12% | 4.99% |
| COPConocophillips Common Stock USD 0.01 | 0.23% | 4.76% | 4.53% |
| XOMExxonmobil Corp. | 1.02% | 3.26% | 2.24% |
| OXYOccidental Petroleum Corp. | 0.06% | 2.99% | 2.93% |
| SRESempra Common Stock | 0.08% | 1.91% | 1.83% |
| EQTEQT Corp. | 0.05% | 1.38% | 1.33% |
| CNPCenterpoint Energy Inc. | 0.04% | 1.39% | 1.35% |
| OKEOneok | 0.08% | 1.02% | 0.94% |
36.6% of NBET 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 NBET?
IVV has an expense ratio of 0.03% while NBET charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, IVV or NBET?
Over the past year IVV returned +17.54% vs +32.21% for NBET, so NBET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NBET?
NBET has been the more volatile fund at 19.2% annualized versus 15.0% for IVV. Worst drawdown: IVV -19.9% vs NBET -18.7%.
Should I hold both IVV and NBET?
IVV and NBET have a monthly-return correlation of 0.61, 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 NBET?
36.6% of NBET's money is in holdings IVV also owns. 36.6% of NBET's is in holdings IVV also owns. They hold 11 positions in common, counted across the 506 positions we hold weights for in IVV and 31 in NBET.
Which pays a higher dividend, IVV or NBET?
IVV yields 1.10% while NBET yields 2.57%, so NBET currently pays the higher dividend yield.
Is NBET better than IVV?
IVV has a lower expense ratio. IVV led over the full window, NBET over 1Y and 3Y. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.