AAPX vs IVV
T-REX 2X LONG APPLE DAILY TARGET ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AAPX delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | AAPX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.03% | |
| AUM | $8M | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 5 | 508 | |
| YTD Return | +16.41% | +12.71% | |
| 1Y Return | +58.60% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 44.1% | 15.1% | |
| Max Drawdown | -58.5% | -56.5% | |
| Fund Family | REX Shares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 11, 2024 | May 15, 2000 |
AAPX vs IVV Performance
T-REX 2X LONG APPLE DAILY TARGET ETF (AAPX) is a ETF from REX Shares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AAPX returned +58.60% while IVV returned +21.89%. Year to date, AAPX is up 16.41% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
AAPX has been the more volatile fund, with annualized monthly volatility of 44.1% compared with 15.1% 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 -58.5% for AAPX and -56.5% for IVV. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPX charges 1.05% per year while IVV charges 0.03%. On a $10,000 position that is $105 vs $3 annually, a gap of $102 per year that compounds over a long holding period. On income, AAPX currently yields 0.00% against 1.10% for IVV.
Frequently Asked Questions
Which is cheaper, AAPX or IVV?
AAPX has an expense ratio of 1.05% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $102 per year of difference.
Which performed better, AAPX or IVV?
Over the past year AAPX returned +58.60% vs +21.89% for IVV, so AAPX leads on 1-year performance. Over the longest common window we track (3 years), AAPX annualized +22.99% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, AAPX or IVV?
AAPX has been the more volatile fund at 44.1% annualized versus 15.1% for IVV. Worst drawdown: AAPX -58.5% vs IVV -56.5%.
Should I hold both AAPX and IVV?
AAPX and IVV have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, AAPX or IVV?
AAPX yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.