CRWG vs IVV
Leverage Shares 2X Long CRWV Daily 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 508 holdings.
Side-by-Side Comparison
| Metric | CRWG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.77% | 0.03% | |
| AUM | $197M | $907.0B | |
| Dividend Yield | 1.39% | 1.10% | |
| Holdings | 7 | 508 | |
| YTD Return | -40.57% | +12.71% | |
| 1Y Return | -67.87% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 175.8% | 15.1% | |
| Max Drawdown | -94.0% | -56.5% | |
| Fund Family | Leverage Shares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 11, 2025 | May 15, 2000 |
CRWG vs IVV Performance
Leverage Shares 2X Long CRWV Daily ETF (CRWG) 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 CRWG returned -67.87% while IVV returned +21.89%. Year to date, CRWG is down 40.57% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
CRWG has been the more volatile fund, with annualized monthly volatility of 175.8% 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 -94.0% for CRWG 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CRWG 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, CRWG currently yields 1.39% against 1.10% for IVV.
Holdings Overlap
CRWG 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, CRWG or IVV?
CRWG 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, CRWG or IVV?
Over the past year CRWG returned -67.87% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), CRWG annualized -87.15% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, CRWG or IVV?
CRWG has been the more volatile fund at 175.8% annualized versus 15.1% for IVV. Worst drawdown: CRWG -94.0% vs IVV -56.5%.
Should I hold both CRWG and IVV?
CRWG and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CRWG and IVV?
CRWG and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, CRWG or IVV?
CRWG yields 1.39% while IVV yields 1.10%, so CRWG currently pays the higher dividend yield.
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