A fullerene-containing norbomene derivative is used for ring-opening metathesis polymerization to synthesize living polymers with high fullerene content. Incorporation of fullerene at every repeat of a small monomer allows high fullerene content and short inter-fullerene distances in a soluble polymer. The living nature of the polymerization also allows the synthesis of diblock copolymers, which exhibit micellar aggregation in solution and phase separation with interpenetrating C-60-domains in a thin film upon TEM imaging.