NVST vs. IVV
Compare and contrast key facts about Envista Holdings Corporation (NVST) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVST or IVV.
Key characteristics
| NVST | IVV | |
|---|---|---|
| YTD Return | -22.98% | 11.77% |
| 1Y Return | -48.02% | 28.28% |
| 3Y Return (Ann) | -25.35% | 10.42% |
| Sharpe Ratio | -1.39 | 2.56 |
| Daily Std Dev | 33.54% | 11.52% |
| Max Drawdown | -64.13% | -55.25% |
| Current Drawdown | -63.60% | -0.07% |
Correlation
The correlation between NVST and IVV is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVST vs. IVV - Performance Comparison
In the year-to-date period, NVST achieves a -22.98% return, which is significantly lower than IVV's 11.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NVST vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Envista Holdings Corporation (NVST) and iShares Core S&P 500 ETF (IVV). 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.
Dividends
NVST vs. IVV - Dividend Comparison
NVST has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVST Envista Holdings Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
NVST vs. IVV - Drawdown Comparison
The maximum NVST drawdown since its inception was -64.13%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for NVST and IVV. For additional features, visit the drawdowns tool.
Volatility
NVST vs. IVV - Volatility Comparison
Envista Holdings Corporation (NVST) has a higher volatility of 9.62% compared to iShares Core S&P 500 ETF (IVV) at 3.39%. This indicates that NVST's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.