APPX vs IVV
Tradr 2X Long APP 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 505 holdings.
Side-by-Side Comparison
| Metric | APPX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.03% | |
| AUM | $65M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 10 | 508 | |
| YTD Return | -54.10% | +13.43% | |
| 1Y Return | -32.82% | +22.61% | |
| 3Y Return (annualized) | +47.03% | +21.47% | |
| 5Y Return (annualized) | +47.03% | +13.26% | |
| Volatility (annualized) | 167.3% | 15.1% | |
| Max Drawdown | -81.4% | -56.5% | |
| Fund Family | Tradr ETFs | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 24, 2025 | May 15, 2000 |
APPX vs IVV Performance
Tradr 2X Long APP Daily ETF (APPX) is a ETF from Tradr ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year APPX returned -32.82% while IVV returned +22.61%. Year to date, APPX is down 54.10% versus a gain of 13.43% for IVV.
Over three years, APPX compounded at +47.03% per year against +21.47% for IVV; over five years the annualized figures are +47.03% and +13.26% respectively. Across the full 19-year window we track, IVV has the edge at +7.03% annualized vs +6.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
APPX has been the more volatile fund, with annualized monthly volatility of 167.3% 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 -81.4% for APPX 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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
APPX charges 1.30% per year while IVV charges 0.03%. On a $10,000 position that is $130 vs $3 annually, a gap of $127 per year that compounds over a long holding period. On income, APPX currently yields 0.00% against 1.09% for IVV.
Frequently Asked Questions
Which is cheaper, APPX or IVV?
APPX has an expense ratio of 1.30% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $127 per year of difference.
Which performed better, APPX or IVV?
Over the past year APPX returned -32.82% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), APPX annualized +6.60% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, APPX or IVV?
APPX has been the more volatile fund at 167.3% annualized versus 15.1% for IVV. Worst drawdown: APPX -81.4% vs IVV -56.5%.
Should I hold both APPX and IVV?
APPX and IVV have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, APPX or IVV?
APPX yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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