DLLL vs IVV
GraniteShares 2x Long DELL Daily ETF vs iShares Core S&P 500 ETF
Which is better, DLLL or IVV?
Option Writing against Large Cap Blend.
IVV has a lower expense ratio. DLLL 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 | DLLL | IVV |
|---|---|---|
| Expense Ratio | 1.50% | 0.03%Best |
| AUM | $136M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 2 | 508 |
| YTD Return | +912.09%Best | +11.57% |
| 1Y Return | +879.55%Best | +17.57% |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 218.5% | 13.2%Best |
| Max Drawdown | -68.6% | -18.8%Best |
| $10,000 over 1.6 years | $104,273Best | $12,710 |
| Fund Family | GraniteShares | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Feb 13, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 13, 2025 to Sep 10, 2026 (1.6 years).
DLLL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DLLL vs IVV Performance
GraniteShares 2x Long DELL Daily ETF (DLLL) is an ETF from GraniteShares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DLLL returned +879.55% while IVV returned +17.57%. Year to date, DLLL is up 912.09% versus a gain of 11.57% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DLLL has been the more volatile fund, with annualized monthly volatility of 218.5% compared with 13.2% 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 -68.6% for DLLL 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DLLL charges 1.50% per year while IVV charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, DLLL currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
At least 0.2% of IVV's money is in holdings DLLL also owns.
Stated as a floor: for DLLL, our book for it covers 66.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1 positions we hold weights for in DLLL and 505 in IVV, against full books of 2 and 508.
Top Shared Holdings
| Stock | Weight in DLLL | Weight in IVV | Difference |
|---|---|---|---|
| DELLDell Technologies Inc. | 66.65% | 0.20% | 66.45% |
You are not choosing between two funds in isolation.
Whichever of DLLL 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, DLLL or IVV?
DLLL has an expense ratio of 1.50% while IVV charges 0.03%. IVV is the cheaper option, by $147 a year on a $10,000 investment.
Which performed better, DLLL or IVV?
Over the past year DLLL returned +879.55% vs +17.57% for IVV, so DLLL leads on 1-year performance. Over the longest common window we track (2 years), DLLL annualized +332.87% vs +16.17% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DLLL or IVV?
DLLL has been the more volatile fund at 218.5% annualized versus 13.2% for IVV. Worst drawdown: DLLL -68.6% vs IVV -18.8%.
Should I hold both DLLL and IVV?
DLLL and IVV have a monthly-return correlation of 0.44, 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, DLLL or IVV?
DLLL yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than DLLL?
IVV has a lower expense ratio. DLLL 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.