BOEU vs IVV
Direxion Daily BA Bull 2X ETF vs iShares Core S&P 500 ETF
Which is better, BOEU or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | BOEU | IVV |
|---|---|---|
| Expense Ratio | 1.06% | 0.03%Best |
| AUM | $20M | $876.4B |
| Dividend Yield | 1.90% | 1.06% |
| Holdings | 10 | 508 |
| YTD Return | -29.55% | +11.57%Best |
| 1Y Return | -34.74% | +17.57%Best |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 57.8% | 12.3%Best |
| Max Drawdown | -46.0% | -8.9%Best |
| $10,000 over 1.4 years | $10,638 | $14,438Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Apr 23, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 23, 2025 to Sep 10, 2026 (1.4 years).
BOEU 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 1.4 years both funds cover.
BOEU vs IVV Performance
Direxion Daily BA Bull 2X ETF (BOEU) 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 BOEU returned -34.74% while IVV returned +17.57%. Year to date, BOEU is down 29.55% versus a gain of 11.57% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOEU has been the more volatile fund, with annualized monthly volatility of 57.8% compared with 12.3% 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 -46.0% for BOEU and -8.9% 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BOEU charges 1.06% per year while IVV charges 0.03%. On a $10,000 position that is $106 vs $3 annually, a gap of $103 per year that compounds over a long holding period. On income, BOEU currently yields 1.90% against 1.06% for IVV.
Holdings Overlap
At least 0.3% of IVV's money is in holdings BOEU also owns.
Stated as a floor: for BOEU, our book for it covers 91.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 4 positions we hold weights for in BOEU and 505 in IVV, against full books of 10 and 508.
Top Shared Holdings
| Stock | Weight in BOEU | Weight in IVV | Difference |
|---|---|---|---|
| BABoeing Co | 15.31% | 0.28% | 15.03% |
You are not choosing between two funds in isolation.
Whichever of BOEU 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, BOEU or IVV?
BOEU has an expense ratio of 1.06% while IVV charges 0.03%. IVV is the cheaper option, by $103 a year on a $10,000 investment.
Which performed better, BOEU or IVV?
Over the past year BOEU returned -34.74% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), BOEU annualized +4.52% vs +30.00% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOEU or IVV?
BOEU has been the more volatile fund at 57.8% annualized versus 12.3% for IVV. Worst drawdown: BOEU -46.0% vs IVV -8.9%.
Should I hold both BOEU and IVV?
BOEU and IVV have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BOEU or IVV?
BOEU yields 1.90% while IVV yields 1.06%, so BOEU currently pays the higher dividend yield.
Is IVV better than BOEU?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.