AMZD vs IVV
Direxion Daily AMZN Bear 1X ETF vs iShares Core S&P 500 ETF
Which is better, AMZD or IVV?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees.
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 | AMZD | IVV |
|---|---|---|
| Expense Ratio | 1.02% | 0.03%Best |
| AUM | $19M | $876.4B |
| Dividend Yield | 3.65% | 1.06% |
| Holdings | 6 | 508 |
| YTD Return | -13.14% | +11.51%Best |
| 1Y Return | -12.11% | +15.96%Best |
| 3Y Return (annualized) | -20.23% | +21.01%Best |
| 5Y Return (annualized) | - | +12.66% |
| Volatility (annualized) | 28.9% | 13.3%Best |
| Max Drawdown | -74.8% | -18.8%Best |
| $10,000 over 4 years | $4,317 | $19,959Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Blend |
| Inception | Sep 7, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 8, 2022 to Sep 15, 2026 (4 years).
AMZD 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 4 years both funds cover.
AMZD vs IVV Performance
Direxion Daily AMZN Bear 1X ETF (AMZD) is an ETF from Direxion Shares ETF Trust and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AMZD returned -12.11% while IVV returned +15.96%. Year to date, AMZD is down 13.14% versus a gain of 11.51% for IVV.
Over three years, AMZD compounded at -20.23% per year against +21.01% for IVV. Across the full 4-year window we track, IVV has the edge at +18.86% annualized vs -18.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZD has been the more volatile fund, with annualized monthly volatility of 28.9% compared with 13.3% 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 -74.8% for AMZD and -18.8% 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 -0.57. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
AMZD charges 1.02% per year while IVV charges 0.03%. On a $10,000 position that is $102 vs $3 annually, a gap of $99 per year that compounds over a long holding period. On income, AMZD currently yields 3.65% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 3 holdings in AMZD and 490 in IVV, totalling 96.6% 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 3 positions we hold weights for in AMZD and 490 in IVV, against full books of 6 and 508.
You are not choosing between two funds in isolation.
Whichever of AMZD 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, AMZD or IVV?
AMZD has an expense ratio of 1.02% while IVV charges 0.03%. IVV is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, AMZD or IVV?
Over the past year AMZD returned -12.11% vs +15.96% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), AMZD annualized -18.94% vs +18.86% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMZD or IVV?
AMZD has been the more volatile fund at 28.9% annualized versus 13.3% for IVV. Worst drawdown: AMZD -74.8% vs IVV -18.8%.
Should I hold both AMZD and IVV?
AMZD and IVV have a monthly-return correlation of -0.57, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, AMZD or IVV?
AMZD yields 3.65% while IVV yields 1.06%, so AMZD currently pays the higher dividend yield.
Is IVV better than AMZD?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.