IVV vs NANR
IVV vs NANR
iShares Core S&P 500 ETF vs State Street SPDR S&P North American Natural Resources ETF
Quick Verdict
IVV has a lower expense ratio. NANR delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | NANR | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $865.2B | $747M | |
| Dividend Yield | 1.09% | 1.87% | |
| Holdings | 508 | 207 | |
| YTD Return | +11.54% | +16.94% | |
| 1Y Return | +21.48% | +42.04% | |
| 3Y Return (annualized) | +20.86% | +16.44% | |
| 5Y Return (annualized) | +13.02% | +17.43% | |
| Volatility (annualized) | 15.1% | 23.5% | |
| Max Drawdown | -56.5% | -51.1% | |
| Fund Family | iShares by BlackRock (US) | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 15, 2015 |
IVV vs NANR Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P North American Natural Resources ETF (NANR) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +21.48% while NANR returned +42.04%. Year to date, IVV is up 11.54% versus a gain of 16.94% for NANR.
Over three years, IVV compounded at +20.86% per year against +16.44% for NANR; over five years the annualized figures are +13.02% and +17.43% respectively. Across the full 11-year window we track, NANR has the edge at +12.85% annualized vs +6.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NANR has been the more volatile fund, with annualized monthly volatility of 23.5% 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 -51.1% for NANR. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NANR charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.87% for NANR.
Holdings Overlap
IVV and NANR share 31 holdings out of 688 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NANR | Difference |
|---|---|---|---|
| XOM | 0.97% | 10.06% | 9.09% |
| CVX | 0.55% | 6.53% | 5.98% |
| CTVA | 0.09% | 3.77% | 3.68% |
| NEM | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| ADM | Pro | Pro | Pro |
| NUE | Pro | Pro | Pro |
| VLO | Pro | Pro | Pro |
| MPC | Pro | Pro | Pro |
| PSX | Pro | Pro | Pro |
See all 10 holdings IVV shares with NANR Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or NANR?
IVV has an expense ratio of 0.03% while NANR charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or NANR?
Over the past year IVV returned +21.48% vs +42.04% for NANR, so NANR leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +6.97% vs +12.85% for NANR. Past performance does not guarantee future results.
Which is riskier, IVV or NANR?
NANR has been the more volatile fund at 23.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NANR -51.1%.
Should I hold both IVV and NANR?
IVV and NANR have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NANR?
IVV and NANR share 31 common holdings with a 3.8% weight overlap. Combined, they hold 688 unique securities.
Which pays a higher dividend, IVV or NANR?
IVV yields 1.09% while NANR yields 1.87%, so NANR currently pays the higher dividend yield.
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