CHAU vs IVV
Direxion Daily CSI 300 China A Share Bull 2X ETF vs iShares Core S&P 500 ETF
Which is better, CHAU or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | CHAU | IVV |
|---|---|---|
| Expense Ratio | 1.19% | 0.03%Best |
| AUM | $94M | $876.4B |
| Dividend Yield | 2.08% | 1.06% |
| Holdings | 10 | 508 |
| YTD Return | -4.01% | +12.01%Best |
| 1Y Return | +4.69% | +16.48%Best |
| 3Y Return (annualized) | +10.63% | +21.21%Best |
| 5Y Return (annualized) | -10.27% | +12.95%Best |
| Volatility (annualized) | 45.5% | 15.1%Best |
| Max Drawdown | -79.7% | -33.9%Best |
| $10,000 over 5 years | $5,817 | $18,384Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Apr 16, 2015 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 16, 2015 to Sep 14, 2026 (11.4 years).
CHAU 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 11.4 years both funds cover.
CHAU vs IVV Performance
Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU) 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 CHAU returned +4.69% while IVV returned +16.48%. Year to date, CHAU is down 4.01% versus a gain of 12.01% for IVV.
Over three years, CHAU compounded at +10.63% per year against +21.21% for IVV; over five years the annualized figures are -10.27% and +12.95% respectively. Across the full 11-year window we track, IVV has the edge at +12.66% annualized vs -5.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHAU has been the more volatile fund, with annualized monthly volatility of 45.5% 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 -79.7% for CHAU and -33.9% 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 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CHAU charges 1.19% per year while IVV charges 0.03%. On a $10,000 position that is $119 vs $3 annually, a gap of $116 per year that compounds over a long holding period. On income, CHAU currently yields 2.08% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 4 holdings in CHAU and 490 in IVV, totalling 100.2% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 4 positions we hold weights for in CHAU and 490 in IVV, against full books of 10 and 508.
You are not choosing between two funds in isolation.
Whichever of CHAU 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, CHAU or IVV?
CHAU has an expense ratio of 1.19% while IVV charges 0.03%. IVV is the cheaper option, by $116 a year on a $10,000 investment.
Which performed better, CHAU or IVV?
Over the past year CHAU returned +4.69% vs +16.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), CHAU annualized -5.51% vs +12.66% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CHAU or IVV?
CHAU has been the more volatile fund at 45.5% annualized versus 15.1% for IVV. Worst drawdown: CHAU -79.7% vs IVV -33.9%.
Should I hold both CHAU and IVV?
CHAU and IVV have a monthly-return correlation of 0.40, 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, CHAU or IVV?
CHAU yields 2.08% while IVV yields 1.06%, so CHAU currently pays the higher dividend yield.
Is IVV better than CHAU?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.