CWEB vs IVV
Direxion Daily CSI China Internet Index Bull 2X ETF vs iShares Core S&P 500 ETF
Which is better, CWEB or IVV?
Trading-Leveraged Equity 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 | CWEB | IVV |
|---|---|---|
| Expense Ratio | 1.27% | 0.03%Best |
| AUM | $206M | $886.7B |
| Dividend Yield | 5.67% | 1.10% |
| Holdings | 9 | 508 |
| YTD Return | -51.62% | +13.39%Best |
| 1Y Return | -54.10% | +20.08%Best |
| 3Y Return (annualized) | -17.21% | +21.29%Best |
| 5Y Return (annualized) | -38.86% | +12.88%Best |
| Volatility (annualized) | 71.9% | 15.5%Best |
| Max Drawdown | -98.2% | -33.9%Best |
| $10,000 over 5 years | $854 | $18,327Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Nov 2, 2016 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 2, 2016 to Sep 4, 2026 (9.8 years).
CWEB 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 9.8 years both funds cover.
CWEB vs IVV Performance
Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) 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 CWEB returned -54.10% while IVV returned +20.08%. Year to date, CWEB is down 51.62% versus a gain of 13.39% for IVV.
Over three years, CWEB compounded at -17.21% per year against +21.29% for IVV; over five years the annualized figures are -38.86% and +12.88% respectively. Across the full 10-year window we track, IVV has the edge at +15.02% annualized vs -21.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CWEB has been the more volatile fund, with annualized monthly volatility of 71.9% compared with 15.5% 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 -98.2% for CWEB 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 0.25. They move largely independently of each other.
Fees and Cost Over Time
CWEB charges 1.27% per year while IVV charges 0.03%. On a $10,000 position that is $127 vs $3 annually, a gap of $124 per year that compounds over a long holding period. On income, CWEB currently yields 5.67% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 4 holdings in CWEB and 505 in IVV, totalling 106.6% and 100.0% 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 CWEB and 505 in IVV, against full books of 9 and 508.
You are not choosing between two funds in isolation.
Whichever of CWEB 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, CWEB or IVV?
CWEB has an expense ratio of 1.27% while IVV charges 0.03%. IVV is the cheaper option, by $124 a year on a $10,000 investment.
Which performed better, CWEB or IVV?
Over the past year CWEB returned -54.10% vs +20.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), CWEB annualized -21.45% vs +15.02% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CWEB or IVV?
CWEB has been the more volatile fund at 71.9% annualized versus 15.5% for IVV. Worst drawdown: CWEB -98.2% vs IVV -33.9%.
Should I hold both CWEB and IVV?
CWEB and IVV have a monthly-return correlation of 0.25, 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, CWEB or IVV?
CWEB yields 5.67% while IVV yields 1.10%, so CWEB currently pays the higher dividend yield.
Is IVV better than CWEB?
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.