IVV vs PWER
iShares Core S&P 500 ETF vs Nomura Energy Transition ETF
Which is better, IVV or PWER?
PWER has been ahead.
IVV has a lower expense ratio. PWER led over 1Y and the full window. PWER is less concentrated, with 33.8% of the fund in its ten largest positions against 38.9%.
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 | PWER |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $896.5B | $13M |
| Dividend Yield | 1.10% | 1.14% |
| Holdings | 508 | 66 |
| YTD Return | +13.59% | +25.08%Best |
| 1Y Return | +17.54% | +33.58%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.6%Best | 20.4% |
| Max Drawdown | -18.8%Best | -30.0% |
| $10,000 over 2.9 years | $17,679 | $18,270Best |
| Top 10 Weight | 38.9% | 33.8%Best |
| Fund Family | iShares by BlackRock (US) | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 28, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 29, 2023 to Oct 14, 2026 (2.9 years).
IVV vs PWER 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 2.9 years both funds cover.
IVV vs PWER Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nomura Energy Transition ETF (PWER) is an ETF from Nomura Asset Management Co Ltd. Over the past year IVV returned +17.54% while PWER returned +33.58%. Year to date, IVV is up 13.59% versus a gain of 25.08% for PWER.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWER has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 11.6% 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 -30.0% for PWER. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PWER charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.14% for PWER.
Holdings Overlap
1.7% of IVV's money is in holdings PWER also owns. 49.2% of PWER's money is in holdings IVV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in PWER, against full books of 508 and 66.
What only one of them owns
Our book lists 7 positions for PWER that do not appear in our book for IVV (18.4% of the fund), and 484 for IVV that do not appear in PWER (97.7%).
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 PWER | Difference |
|---|---|---|---|
| EOGEog Resources Inc | 0.11% | 3.99% | 3.88% |
| VLOValero Energy | 0.18% | 3.30% | 3.12% |
| AEPAmerican Electric Power Co Inc | 0.10% | 3.32% | 3.22% |
| FSLRFirst Solar, Inc | 0.03% | 3.31% | 3.28% |
| GNRCGenerac Holdings, Inc. | 0.02% | 3.30% | 3.28% |
| GEVGe Vernova, Inc. | 0.40% | 2.90% | 2.50% |
| XELXcel Energy Inc. | 0.07% | 3.17% | 3.10% |
| COPConocophillips Common Stock USD 0.01 | 0.23% | 2.98% | 2.75% |
| DDominion Energy Inc. | 0.08% | 3.02% | 2.94% |
| CEGConstellation Energy Corporation Com | 0.13% | 2.96% | 2.83% |
49.2% of PWER 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 PWER?
IVV has an expense ratio of 0.03% while PWER charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or PWER?
Over the past year IVV returned +17.54% vs +33.58% for PWER, so PWER leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PWER?
PWER has been the more volatile fund at 20.4% annualized versus 11.6% for IVV. Worst drawdown: IVV -18.8% vs PWER -30.0%.
Should I hold both IVV and PWER?
IVV and PWER have a monthly-return correlation of 0.51, 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 PWER?
49.2% of PWER's money is in holdings IVV also owns. 49.2% of PWER's is in holdings IVV also owns. They hold 16 positions in common, counted across the 506 positions we hold weights for in IVV and 35 in PWER.
Which pays a higher dividend, IVV or PWER?
IVV yields 1.10% while PWER yields 1.14%, so PWER currently pays the higher dividend yield.
Is PWER better than IVV?
IVV has a lower expense ratio. PWER led over 1Y and the full window. PWER is less concentrated, with 33.8% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.