APHG vs IVV
Leverage Shares 2X Long APH Daily ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | APHG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.03% | |
| AUM | $467,122.13 | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 3 | 508 | |
| YTD Return | -3.40% | +13.51% | |
| 1Y Return | -3.40% | +20.65% | |
| 3Y Return (annualized) | - | +21.94% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 1025668.6% | 15.1% | |
| Max Drawdown | -94.1% | -56.5% | |
| Fund Family | Leverage Shares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 16, 2026 | May 15, 2000 |
APHG vs IVV Performance
Leverage Shares 2X Long APH Daily ETF (APHG) is a ETF from Leverage Shares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year APHG returned -3.40% while IVV returned +20.65%. Year to date, APHG is down 3.40% versus a gain of 13.51% for IVV.
Risk: Volatility and Drawdowns
APHG has been the more volatile fund, with annualized monthly volatility of 1025668.6% 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 -94.1% for APHG 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 -0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
APHG charges 0.99% per year while IVV charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, APHG currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
APHG and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, APHG or IVV?
APHG has an expense ratio of 0.99% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $96 per year of difference.
Which performed better, APHG or IVV?
Over the past year APHG returned -3.40% vs +20.65% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), APHG annualized +55.23% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, APHG or IVV?
APHG has been the more volatile fund at 1025668.6% annualized versus 15.1% for IVV. Worst drawdown: APHG -94.1% vs IVV -56.5%.
Should I hold both APHG and IVV?
APHG and IVV have a monthly-return correlation of -0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between APHG and IVV?
APHG and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, APHG or IVV?
APHG yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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