IVV vs NUSB
IVV vs NUSB
iShares Core S&P 500 ETF vs Nuveen Ultra Short 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 | NUSB | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.17% | |
| AUM | $865.2B | $156M | |
| Dividend Yield | 1.09% | 4.29% | |
| Holdings | 508 | 167 | |
| YTD Return | +11.54% | +1.74% | |
| 1Y Return | +21.48% | +3.66% | |
| 3Y Return (annualized) | +20.86% | - | |
| 5Y Return (annualized) | +13.02% | - | |
| Volatility (annualized) | 15.1% | 0.7% | |
| Max Drawdown | -56.5% | -0.4% | |
| Fund Family | iShares by BlackRock (US) | Nuveen | |
| Category | Equity | Money Market | |
| Inception | May 15, 2000 | Mar 5, 2024 |
IVV vs NUSB Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Nuveen Ultra Short Income ETF (NUSB) is a ETF from Nuveen. Over the past year IVV returned +21.48% while NUSB returned +3.66%. Year to date, IVV is up 11.54% versus a gain of 1.74% for NUSB.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 0.7% for NUSB. 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 -0.4% for NUSB. 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 0.25. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while NUSB charges 0.17%. On a $10,000 position that is $3 vs $17 annually, a gap of $14 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.29% for NUSB.
Holdings Overlap
IVV and NUSB share 0 holdings out of 597 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or NUSB?
IVV has an expense ratio of 0.03% while NUSB charges 0.17%. IVV is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IVV or NUSB?
Over the past year IVV returned +21.48% vs +3.66% for NUSB, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.97% vs +4.86% for NUSB. Past performance does not guarantee future results.
Which is riskier, IVV or NUSB?
IVV has been the more volatile fund at 15.1% annualized versus 0.7% for NUSB. Worst drawdown: IVV -56.5% vs NUSB -0.4%.
Should I hold both IVV and NUSB?
IVV and NUSB have a monthly-return correlation of 0.25, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NUSB?
IVV and NUSB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 597 unique securities.
Which pays a higher dividend, IVV or NUSB?
IVV yields 1.09% while NUSB yields 4.29%, so NUSB currently pays the higher dividend yield.
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