IVV vs NTRL
iShares Core S&P 500 ETF vs First Trust Equity Market Neutral ETF
Which is better, IVV or NTRL?
Large Cap Blend against Market Neutral Strategy.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | NTRL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $896.5B | $15M |
| Dividend Yield | 1.10% | 6.36% |
| Holdings | 508 | 24 |
| Volatility (annualized) | 12.7% | - |
| Max Drawdown | -9.9%Best | -25.2% |
| $10,000 over 1.4 years | $13,945Best | $8,467 |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Market Neutral Strategy |
| Inception | May 15, 2000 | Feb 4, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 712 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Oct 14, 2026 and NTRL through Nov 1, 2024.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 25, 2023 to Nov 1, 2024 (1.4 years).
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -9.9% for IVV and -25.2% for NTRL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
Fees and Cost Over Time
IVV charges 0.03% per year while NTRL charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 6.36% for NTRL.
Holdings Overlap
At least 41.8% of IVV's money is in holdings NTRL also owns.
Stated as a floor: for NTRL, our book for it covers 1.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
151 positions in common, counted across the 506 positions we hold weights for in IVV and 505 in NTRL, against full books of 508 and 24.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NTRL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 0.01% | 8.43% |
| AAPLApple, Inc | 7.29% | 0.01% | 7.28% |
| AVGOBroadcom Inc | 2.47% | 0.01% | 2.46% |
| METAMeta Platforms Inc | 2.42% | 0.00% | 2.42% |
| MUMicron Technology, Inc. | 1.87% | 0.01% | 1.86% |
| AMDAdvanced Micro Devices Inc | 1.52% | 0.00% | 1.52% |
| TSLATesla Inc | 1.51% | 0.00% | 1.51% |
| LLYEli Lilly & Co. | 1.39% | 0.01% | 1.38% |
| ABBVAbbvie Inc. | 0.69% | 0.00% | 0.69% |
| MAMastercard Inc | 0.67% | 0.01% | 0.66% |
41.8% of IVV is already inside NTRL.
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 NTRL?
IVV has an expense ratio of 0.03% while NTRL charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
What is the holdings overlap between IVV and NTRL?
At least 41.8% of IVV's money is in holdings NTRL also owns. Our book for NTRL is partial, so the real figure is this or higher. They hold 151 positions in common, counted across the 506 positions we hold weights for in IVV and 505 in NTRL.
Which pays a higher dividend, IVV or NTRL?
IVV yields 1.10% while NTRL yields 6.36%, so NTRL currently pays the higher dividend yield.
Is NTRL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.