IVV vs NUSA
iShares Core S&P 500 ETF vs Nuveen ESG 1-5 Year US Aggregate Bond ETF
Which is better, IVV or NUSA?
Large Cap Blend against Short Term Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 55.4%.
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 | NUSA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.14% |
| AUM | $896.5B | $36M |
| Dividend Yield | 1.10% | 3.95% |
| Holdings | 508 | 692 |
| YTD Return | +13.59%Best | -0.22% |
| 1Y Return | +17.54%Best | +0.39% |
| 3Y Return (annualized) | +22.46%Best | +4.15% |
| 5Y Return (annualized) | +13.28%Best | +1.40% |
| Volatility (annualized) | 15.8% | 2.5%Best |
| Max Drawdown | -33.9% | -9.9%Best |
| $10,000 over 5 years | $18,654Best | $10,720 |
| Top 10 Weight | 38.9%Best | 55.4% |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term Bond |
| Inception | May 15, 2000 | Mar 31, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Apr 3, 2017 to Oct 14, 2026 (9.5 years).
IVV vs NUSA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs NUSA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen ESG 1-5 Year US Aggregate Bond ETF (NUSA) is an ETF from Nuveen. Over the past year IVV returned +17.54% while NUSA returned +0.39%. Year to date, IVV is up 13.59% versus a loss of 0.22% for NUSA.
Over three years, IVV compounded at +22.46% per year against +4.15% for NUSA; over five years the annualized figures are +13.28% and +1.40% respectively. Across the full 10-year window we track, IVV has the edge at +14.16% annualized vs +0.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 2.5% for NUSA. 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 -33.9% for IVV and -9.9% for NUSA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while NUSA charges 0.14%. On a $10,000 position that is $3 vs $14 annually, a gap of $11 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 3.95% for NUSA.
Holdings Overlap
41.0% of IVV's money is in holdings NUSA also owns. 94.0% of NUSA's money is in holdings IVV also owns.
Most of NUSA is already inside IVV. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 506 positions we hold weights for in IVV and 32 in NUSA, against full books of 508 and 692.
What only one of them owns
Our book lists 2 positions for NUSA that do not appear in our book for IVV (3.6% of the fund), and 471 for IVV that do not appear in NUSA (58.4%).
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 NUSA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 9.75% | 1.31% |
| MSFTMicrosoft Corp | 5.76% | 8.84% | 3.08% |
| AAPLApple, Inc | 7.29% | 4.20% | 3.09% |
| AMZNAmazon.Com Inc | 3.68% | 6.11% | 2.43% |
| GOOGLAlphabet Inc | 3.00% | 6.23% | 3.23% |
| AVGOBroadcom Inc | 2.47% | 4.24% | 1.77% |
| METAMeta Platforms Inc | 2.42% | 3.97% | 1.55% |
| MUMicron Technology, Inc. | 1.87% | 3.76% | 1.89% |
| LRCXLrcx Uw Equity | 0.64% | 4.39% | 3.75% |
| JPMJpmorgan Chase | 1.34% | 3.34% | 2.00% |
94.0% of NUSA 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 NUSA?
IVV has an expense ratio of 0.03% while NUSA charges 0.14%. IVV is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, IVV or NUSA?
Over the past year IVV returned +17.54% vs +0.39% for NUSA, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.16% vs +0.87% for NUSA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NUSA?
IVV has been the more volatile fund at 15.8% annualized versus 2.5% for NUSA. Worst drawdown: IVV -33.9% vs NUSA -9.9%.
Should I hold both IVV and NUSA?
IVV and NUSA have a monthly-return correlation of 0.44, 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 NUSA?
94.0% of NUSA's money is in holdings IVV also owns. 94.0% of NUSA's is in holdings IVV also owns. They hold 29 positions in common, counted across the 506 positions we hold weights for in IVV and 32 in NUSA.
Which pays a higher dividend, IVV or NUSA?
IVV yields 1.10% while NUSA yields 3.95%, so NUSA currently pays the higher dividend yield.
Is NUSA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 55.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.