ASMG vs IVV

Quick Verdict

IVV has a lower expense ratio. ASMG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: ASMGMore Diversified: IVV

Side-by-Side Comparison

MetricASMGIVVWinner
Expense Ratio0.77%0.03%
AUM$34M$865.2B
Dividend Yield3.89%1.09%
Holdings5508
YTD Return+102.47%+14.50%
1Y Return+335.13%+22.02%
3Y Return (annualized)-+21.80%
5Y Return (annualized)-+13.37%
Volatility (annualized)98.2%15.1%
Max Drawdown-44.0%-56.5%
Fund FamilyLeverage SharesiShares by BlackRock (US)
CategoryAlternativeEquity
InceptionJan 14, 2025May 15, 2000

ASMG vs IVV Performance

Leverage Shares 2X Long ASML Daily ETF (ASMG) 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 ASMG returned +335.13% while IVV returned +22.02%. Year to date, ASMG is up 102.47% versus a gain of 14.50% for IVV.

Risk: Volatility and Drawdowns

ASMG has been the more volatile fund, with annualized monthly volatility of 98.2% 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 -44.0% for ASMG 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ASMG charges 0.77% per year while IVV charges 0.03%. On a $10,000 position that is $77 vs $3 annually, a gap of $74 per year that compounds over a long holding period. On income, ASMG currently yields 3.89% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

ASMG 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, ASMG or IVV?

ASMG has an expense ratio of 0.77% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $74 per year of difference.

Which performed better, ASMG or IVV?

Over the past year ASMG returned +335.13% vs +22.02% for IVV, so ASMG leads on 1-year performance. Over the longest common window we track (2 years), ASMG annualized +136.66% vs +7.07% for IVV. Past performance does not guarantee future results.

Which is riskier, ASMG or IVV?

ASMG has been the more volatile fund at 98.2% annualized versus 15.1% for IVV. Worst drawdown: ASMG -44.0% vs IVV -56.5%.

Should I hold both ASMG and IVV?

ASMG and IVV have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ASMG and IVV?

ASMG and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, ASMG or IVV?

ASMG yields 3.89% while IVV yields 1.09%, so ASMG currently pays the higher dividend yield.

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