IVV vs NBFC
IVV vs NBFC
iShares Core S&P 500 ETF vs Neuberger Berman Flexible Credit Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | NBFC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.40% | |
| AUM | $865.2B | $76M | |
| Dividend Yield | 1.09% | 7.29% | |
| Holdings | 508 | 557 | |
| YTD Return | +9.93% | +1.34% | |
| 1Y Return | +19.59% | +5.43% | |
| 3Y Return (annualized) | +19.41% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.1% | 3.4% | |
| Max Drawdown | -56.5% | -4.0% | |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Jun 24, 2024 |
IVV vs NBFC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Neuberger Berman Flexible Credit Income ETF (NBFC) is a ETF from Neuberger Berman. Over the past year IVV returned +19.59% while NBFC returned +5.43%. Year to date, IVV is up 9.93% versus a gain of 1.34% for NBFC.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.4% for NBFC. 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 -4.0% for NBFC. 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NBFC charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 7.29% for NBFC.
Holdings Overlap
IVV and NBFC share 1 holdings out of 800 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NBFC | Difference |
|---|---|---|---|
| CNP | 0.04% | 0.18% | 0.14% |
Frequently Asked Questions
Which is cheaper, IVV or NBFC?
IVV has an expense ratio of 0.03% while NBFC charges 0.40%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, IVV or NBFC?
Over the past year IVV returned +19.59% vs +5.43% for NBFC, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.91% vs +7.44% for NBFC. Past performance does not guarantee future results.
Which is riskier, IVV or NBFC?
IVV has been the more volatile fund at 15.1% annualized versus 3.4% for NBFC. Worst drawdown: IVV -56.5% vs NBFC -4.0%.
Should I hold both IVV and NBFC?
IVV and NBFC have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NBFC?
IVV and NBFC share 1 common holdings with a 0.0% weight overlap. Combined, they hold 800 unique securities.
Which pays a higher dividend, IVV or NBFC?
IVV yields 1.09% while NBFC yields 7.29%, so NBFC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.