BITX vs IVV
2x Bitcoin Strategy 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 | BITX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 2.38% | 0.03% | |
| AUM | $927M | $865.2B | |
| Dividend Yield | 37.27% | 1.09% | |
| Holdings | 3 | 508 | |
| YTD Return | -57.33% | +13.80% | |
| 1Y Return | -78.36% | +23.70% | |
| 3Y Return (annualized) | +5.64% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 105.3% | 15.1% | |
| Max Drawdown | -83.5% | -56.5% | |
| Fund Family | Volatility Shares, LLC | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 27, 2023 | May 15, 2000 |
BITX vs IVV Performance
2x Bitcoin Strategy ETF (BITX) is a ETF from Volatility Shares, LLC and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BITX returned -78.36% while IVV returned +23.70%. Year to date, BITX is down 57.33% versus a gain of 13.80% for IVV.
Over three years, BITX compounded at +5.64% per year against +21.49% for IVV. Across the full 3-year window we track, IVV has the edge at +7.05% annualized vs +2.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITX has been the more volatile fund, with annualized monthly volatility of 105.3% 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 -83.5% for BITX 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BITX charges 2.38% per year while IVV charges 0.03%. On a $10,000 position that is $238 vs $3 annually, a gap of $235 per year that compounds over a long holding period. On income, BITX currently yields 37.27% against 1.09% for IVV.
Frequently Asked Questions
Which is cheaper, BITX or IVV?
BITX has an expense ratio of 2.38% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $235 per year of difference.
Which performed better, BITX or IVV?
Over the past year BITX returned -78.36% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), BITX annualized +2.10% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, BITX or IVV?
BITX has been the more volatile fund at 105.3% annualized versus 15.1% for IVV. Worst drawdown: BITX -83.5% vs IVV -56.5%.
Should I hold both BITX and IVV?
BITX and IVV have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BITX or IVV?
BITX yields 37.27% while IVV yields 1.09%, so BITX currently pays the higher dividend yield.
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