AALG vs IVV
Leverage Shares 2X Long AAL Daily ETF vs iShares Core S&P 500 ETF
Which is better, AALG or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AALG | IVV |
|---|---|---|
| Expense Ratio | 0.78% | 0.03%Best |
| AUM | $3M | $876.4B |
| Dividend Yield | 2.59% | 1.06% |
| Holdings | 6 | 508 |
| YTD Return | -45.52% | +12.27%Best |
| 1Y Return | -22.92% | +17.04%Best |
| 3Y Return (annualized) | - | +21.24% |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 105.6% | 12.4%Best |
| Max Drawdown | -64.2% | -8.9%Best |
| $10,000 over 1.2 years | $7,461 | $12,411Best |
| Fund Family | Leverage Shares | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Jul 11, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 11, 2025 to Sep 17, 2026 (1.2 years).
AALG vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
AALG vs IVV Performance
Leverage Shares 2X Long AAL Daily ETF (AALG) is an ETF from Leverage Shares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AALG returned -22.92% while IVV returned +17.04%. Year to date, AALG is down 45.52% versus a gain of 12.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AALG has been the more volatile fund, with annualized monthly volatility of 105.6% compared with 12.4% for IVV. 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 -64.2% for AALG and -8.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
AALG charges 0.78% per year while IVV charges 0.03%. On a $10,000 position that is $78 vs $3 annually, a gap of $75 per year that compounds over a long holding period. On income, AALG currently yields 2.59% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in AALG and 490 in IVV, totalling 10.2% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AALG and 490 in IVV, against full books of 6 and 508.
You are not choosing between two funds in isolation.
Whichever of AALG and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AALG or IVV?
AALG has an expense ratio of 0.78% while IVV charges 0.03%. IVV is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, AALG or IVV?
Over the past year AALG returned -22.92% vs +17.04% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), AALG annualized -21.66% vs +19.72% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AALG or IVV?
AALG has been the more volatile fund at 105.6% annualized versus 12.4% for IVV. Worst drawdown: AALG -64.2% vs IVV -8.9%.
Should I hold both AALG and IVV?
AALG and IVV have a monthly-return correlation of 0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AALG or IVV?
AALG yields 2.59% while IVV yields 1.06%, so AALG currently pays the higher dividend yield.
Is IVV better than AALG?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.