IVV.AX vs. NDQ.AX
IVV.AX (iShares S&P 500 ETF) and NDQ.AX (BetaShares NASDAQ 100 ETF) are both exchange-traded funds - IVV.AX is a S&P 500 fund tracking the S&P 500 Net TR Index (AUD), while NDQ.AX is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, IVV.AX returned 110.22%/yr vs 21.65%/yr for NDQ.AX. Their correlation of 0.87 suggests significant overlap in exposure. IVV.AX charges 0.04%/yr vs 0.48%/yr for NDQ.AX.
Performance
IVV.AX vs. NDQ.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVV.AX achieves a 5.73% return, which is significantly lower than NDQ.AX's 10.94% return. Over the past 10 years, IVV.AX has outperformed NDQ.AX with an annualized return of 110.22%, while NDQ.AX has yielded a comparatively lower 21.65% annualized return.
IVV.AX
- 1D
- -0.01%
- 1M
- 1.88%
- 6M
- 4.77%
- YTD
- 5.73%
- 1Y
- 13.58%
- 3Y*
- 19.06%
- 5Y*
- 95.84%
- 10Y*
- 110.22%
NDQ.AX
- 1D
- -1.45%
- 1M
- -1.46%
- 6M
- 9.73%
- YTD
- 10.94%
- 1Y
- 20.18%
- 3Y*
- 22.74%
- 5Y*
- 16.34%
- 10Y*
- 21.65%
IVV.AX vs. NDQ.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVV.AX iShares S&P 500 ETF | 5.73% | 9.09% | 37.10% | 25.77% | 1,137.93% | 2,933.38% | 11.30% | 62.34% | 3.21% | 10.85% |
NDQ.AX BetaShares NASDAQ 100 ETF | 10.94% | 11.35% | 38.19% | 53.22% | -28.42% | 35.46% | 34.50% | 39.66% | 8.97% | 21.59% |
Correlation
The correlation between IVV.AX and NDQ.AX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 26, 2015 | 0.87 |
The correlation between IVV.AX and NDQ.AX has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IVV.AX vs. NDQ.AX — Risk / Return Rank
IVV.AX
NDQ.AX
IVV.AX vs. NDQ.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 ETF (IVV.AX) and BetaShares NASDAQ 100 ETF (NDQ.AX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IVV.AX | NDQ.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.30 | -0.13 |
| Martin ratioReturn relative to average drawdown | 3.14 | 3.30 | -0.15 |
Loading charts...
Drawdowns
IVV.AX vs. NDQ.AX - Drawdown Comparison
The maximum IVV.AX drawdown since its inception was -38.37%, which is greater than NDQ.AX's maximum drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for IVV.AX and NDQ.AX.
Loading charts...
Drawdown Indicators
| IVV.AX | NDQ.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.37% | -30.79% | -7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.60% | -15.17% | +3.57% |
Max Drawdown (3Y)Largest decline over 3 years | -17.38% | -21.27% | +3.89% |
Max Drawdown (5Y)Largest decline over 5 years | -17.38% | -30.79% | +13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -23.89% | -30.79% | +6.90% |
Current DrawdownCurrent decline from peak | -0.42% | -3.79% | +3.37% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -5.85% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 6.08% | -1.67% |
Volatility
IVV.AX vs. NDQ.AX - Volatility Comparison
The current volatility for iShares S&P 500 ETF (IVV.AX) is 2.53%, while BetaShares NASDAQ 100 ETF (NDQ.AX) has a volatility of 5.30%. This indicates that IVV.AX experiences smaller price fluctuations and is considered to be less risky than NDQ.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVV.AX | NDQ.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.53% | 5.30% | -2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.81% | 11.69% | -3.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 15.12% | -4.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 583.29% | 19.15% | +564.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 772.05% | 19.15% | +752.90% |
IVV.AX vs. NDQ.AX - Expense Ratio Comparison
IVV.AX has a 0.04% expense ratio, which is lower than NDQ.AX's 0.48% expense ratio.
Dividends
IVV.AX vs. NDQ.AX - Dividend Comparison
IVV.AX's dividend yield for the trailing twelve months is around 0.75%, less than NDQ.AX's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV.AX iShares S&P 500 ETF | 0.75% | 0.73% | 1.12% | 1.67% | 101.56% | 79.67% | 5.54% | 19.41% | 0.00% | 0.00% | 6.28% | 6.83% |
NDQ.AX BetaShares NASDAQ 100 ETF | 1.47% | 0.93% | 1.81% | 2.09% | 3.36% | 3.33% | 2.47% | 2.22% | 0.37% | 0.25% | 0.40% | 0.00% |
Frequently Asked Questions
IVV.AX and NDQ.AX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IVV.AX is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IVV.AX is cheaper with a 0.04% expense ratio, compared with 0.48% for NDQ.AX.
IVV.AX is categorized as S&P 500, while NDQ.AX is Nasdaq-100. IVV.AX tracks S&P 500 Net TR Index (AUD), while NDQ.AX tracks NASDAQ-100 Index. They also come from different issuers: iShares and BetaShares. Their fees differ too: 0.04% for IVV.AX and 0.48% for NDQ.AX.
Find the right allocation for IVV.AX and NDQ.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer