BRZU vs IVV
Direxion Daily MSCI Brazil Bull 2X ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. BRZU delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | BRZU | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.32% | 0.03% | |
| AUM | $89M | $907.0B | |
| Dividend Yield | 1.79% | 1.10% | |
| Holdings | 8 | 508 | |
| YTD Return | +6.76% | +13.22% | |
| 1Y Return | +52.03% | +21.62% | |
| 3Y Return (annualized) | +7.28% | +22.17% | |
| 5Y Return (annualized) | +2.18% | +13.42% | |
| Volatility (annualized) | 84.8% | 15.1% | |
| Max Drawdown | -99.7% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 10, 2013 | May 15, 2000 |
BRZU vs IVV Performance
Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) is a ETF from Direxion Shares ETF Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BRZU returned +52.03% while IVV returned +21.62%. Year to date, BRZU is up 6.76% versus a gain of 13.22% for IVV.
Over three years, BRZU compounded at +7.28% per year against +22.17% for IVV; over five years the annualized figures are +2.18% and +13.42% respectively. Across the full 13-year window we track, IVV has the edge at +7.02% annualized vs -30.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BRZU has been the more volatile fund, with annualized monthly volatility of 84.8% 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 -99.7% for BRZU 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
BRZU charges 1.32% per year while IVV charges 0.03%. On a $10,000 position that is $132 vs $3 annually, a gap of $129 per year that compounds over a long holding period. On income, BRZU currently yields 1.79% against 1.10% for IVV.
Holdings Overlap
BRZU and IVV share 0 holdings out of 508 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, BRZU or IVV?
BRZU has an expense ratio of 1.32% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $129 per year of difference.
Which performed better, BRZU or IVV?
Over the past year BRZU returned +52.03% vs +21.62% for IVV, so BRZU leads on 1-year performance. Over the longest common window we track (13 years), BRZU annualized -30.86% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, BRZU or IVV?
BRZU has been the more volatile fund at 84.8% annualized versus 15.1% for IVV. Worst drawdown: BRZU -99.7% vs IVV -56.5%.
Should I hold both BRZU and IVV?
BRZU 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 BRZU and IVV?
BRZU and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, BRZU or IVV?
BRZU yields 1.79% while IVV yields 1.10%, so BRZU currently pays the higher dividend yield.
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