DDM vs IVV

DDM vs IVV

Which is better, DDM or IVV?

Trading-Leveraged Equity against Large Cap Blend.

IVV has a lower expense ratio. DDM led over 1Y, 3Y and the full window, IVV over 5Y. The two have moved almost in lockstep, correlation 0.95.

Lower Fees: IVVHigher Returns: split

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

MetricDDMIVV
Expense Ratio0.95%0.03%Best
AUM$573M$876.4B
Dividend Yield0.91%1.06%
Holdings43508
YTD Return+9.97%+11.03%Best
1Y Return+21.24%Best+15.62%
3Y Return (annualized)+24.00%Best+20.81%
5Y Return (annualized)+12.23%+12.61%Best
Volatility (annualized)30.1%15.3%Best
Max Drawdown-82.8%-56.5%Best
$10,000 over 5 years$17,805$18,109Best
Fund FamilyProSharesiShares by BlackRock (US)
CategoryAlternativeEquity
StyleTrading-Leveraged EquityLarge Cap Blend
InceptionJun 19, 2006May 15, 2000

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jun 21, 2006 to Sep 16, 2026 (20.2 years).

DDM 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 20.2 years both funds cover.

DDM vs IVV Performance

ProShares Ultra Dow30 (DDM) is an ETF from ProShares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DDM returned +21.24% while IVV returned +15.62%. Year to date, DDM is up 9.97% versus a gain of 11.03% for IVV.

Over three years, DDM compounded at +24.00% per year against +20.81% for IVV; over five years the annualized figures are +12.23% and +12.61% respectively. Across the full 20-year window we track, DDM has the edge at +12.54% annualized vs +9.69%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DDM has been the more volatile fund, with annualized monthly volatility of 30.1% compared with 15.3% 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 -82.8% for DDM and -56.5% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

DDM charges 0.95% per year while IVV charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, DDM currently yields 0.91% against 1.06% for IVV.

Holdings Overlap

IVV already in DDM39.1%

At least 39.1% of IVV's money is in holdings DDM also owns.

Stated as a floor: for DDM, our book for it covers 82.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

The two portfolios partly overlap.

29 positions in common, counted across the 31 positions we hold weights for in DDM and 490 in IVV, against full books of 43 and 508.

Top Shared Holdings

StockWeight in DDMWeight in IVVDifference
NVDANvidia Corp1.57%8.07%6.50%
MSFTMicrosoft Corp3.62%5.69%2.07%
AAPLApple, Inc2.26%7.02%4.76%
GSGoldman Sachs Group Inc/The7.28%0.46%6.82%
CATCaterpillar, Inc.5.68%0.55%5.13%
AMZNAmazon.Com Inc1.85%3.84%1.99%
GOOGLAlphabet Inc,class A2.42%3.00%0.58%
JPMJpmorgan Chase2.54%1.44%1.10%
VVisa Inc Class A2.70%0.95%1.75%
AMGNAmgen Inc.3.06%0.35%2.71%

39.1% of IVV is already inside DDM.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

DDMIVV

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Frequently Asked Questions

Which is cheaper, DDM or IVV?

DDM has an expense ratio of 0.95% while IVV charges 0.03%. IVV is the cheaper option, by $92 a year on a $10,000 investment.

Which performed better, DDM or IVV?

Over the past year DDM returned +21.24% vs +15.62% for IVV, so DDM leads on 1-year performance. Over the longest common window we track (20 years), DDM annualized +12.54% vs +9.69% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DDM or IVV?

DDM has been the more volatile fund at 30.1% annualized versus 15.3% for IVV. Worst drawdown: DDM -82.8% vs IVV -56.5%.

Should I hold both DDM and IVV?

DDM and IVV have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between DDM and IVV?

At least 39.1% of IVV's money is in holdings DDM also owns. Our book for DDM is partial, so the real figure is this or higher. They hold 29 positions in common, counted across the 31 positions we hold weights for in DDM and 490 in IVV.

Which pays a higher dividend, DDM or IVV?

DDM yields 0.91% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.

Is IVV better than DDM?

IVV has a lower expense ratio. DDM led over 1Y, 3Y and the full window, IVV over 5Y. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.