DEFI vs IVV
Hashdex Bitcoin ETF vs iShares Core S&P 500 ETF
Which is better, DEFI or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y 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 | DEFI | IVV |
|---|---|---|
| Expense Ratio | 0.25% | 0.03%Best |
| AUM | $14M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 3 | 508 |
| Volatility (annualized) | 51.5% | 12.2%Best |
| Max Drawdown | -53.2% | -18.8%Best |
| $10,000 over 2.6 years | $14,097 | $16,942Best |
| Fund Family | Hashdex | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Sep 15, 2022 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 24 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DEFI has data through Aug 17, 2026 and IVV through Sep 10, 2026.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 3, 2024 to Aug 17, 2026 (2.6 years).
Risk: Volatility and Drawdowns
DEFI has been the more volatile fund, with annualized monthly volatility of 51.5% compared with 12.2% 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 -53.2% for DEFI and -18.8% 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DEFI charges 0.25% per year while IVV charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, DEFI currently yields 0.00% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of DEFI 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, DEFI or IVV?
DEFI has an expense ratio of 0.25% while IVV charges 0.03%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which is riskier, DEFI or IVV?
DEFI has been the more volatile fund at 51.5% annualized versus 12.2% for IVV. Worst drawdown: DEFI -53.2% vs IVV -18.8%.
Should I hold both DEFI and IVV?
DEFI and IVV have a monthly-return correlation of 0.48, 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, DEFI or IVV?
DEFI yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than DEFI?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.