DPST vs IVV
Direxion Daily Regional Banks Bull 3X ETF vs iShares Core S&P 500 ETF
Which is better, DPST or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. DPST led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 38.5%.
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 | DPST | IVV |
|---|---|---|
| Expense Ratio | 0.92% | 0.03%Best |
| AUM | $339M | $886.7B |
| Dividend Yield | 1.50% | 1.10% |
| Holdings | 172 | 508 |
| YTD Return | +34.45%Best | +13.86% |
| 1Y Return | +27.75%Best | +21.57% |
| 3Y Return (annualized) | +30.24%Best | +21.48% |
| 5Y Return (annualized) | -17.88% | +12.88%Best |
| Volatility (annualized) | 82.1% | 15.2%Best |
| Max Drawdown | -97.8% | -33.9%Best |
| $10,000 over 5 years | $3,735 | $18,327Best |
| Top 10 Weight | 38.5% | 37.9%Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Aug 19, 2015 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Aug 19, 2015 to Sep 3, 2026 (11 years).
DPST 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 11 years both funds cover.
DPST vs IVV Performance
Direxion Daily Regional Banks Bull 3X ETF (DPST) 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 DPST returned +27.75% while IVV returned +21.57%. Year to date, DPST is up 34.45% versus a gain of 13.86% for IVV.
Over three years, DPST compounded at +30.24% per year against +21.48% for IVV; over five years the annualized figures are -17.88% and +12.88% respectively. Across the full 11-year window we track, IVV has the edge at +13.39% annualized vs -13.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DPST has been the more volatile fund, with annualized monthly volatility of 82.1% compared with 15.2% 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 -97.8% for DPST 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DPST charges 0.92% per year while IVV charges 0.03%. On a $10,000 position that is $92 vs $3 annually, a gap of $89 per year that compounds over a long holding period. On income, DPST currently yields 1.50% against 1.10% for IVV.
Holdings Overlap
4.3% of DPST's money is in holdings IVV also owns. 0.3% of IVV's money is in holdings DPST also owns.
DPST and IVV share little of their money.
5 positions in common, counted across the 162 positions we hold weights for in DPST and 505 in IVV, against full books of 172 and 508.
What only one of them owns
Our book lists 492 positions for IVV that do not appear in our book for DPST (99.0% of the fund), and 153 for DPST that do not appear in IVV (90.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DPST 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, DPST or IVV?
DPST has an expense ratio of 0.92% while IVV charges 0.03%. IVV is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, DPST or IVV?
Over the past year DPST returned +27.75% vs +21.57% for IVV, so DPST leads on 1-year performance. Over the longest common window we track (11 years), DPST annualized -13.67% vs +13.39% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DPST or IVV?
DPST has been the more volatile fund at 82.1% annualized versus 15.2% for IVV. Worst drawdown: DPST -97.8% vs IVV -33.9%.
Should I hold both DPST and IVV?
DPST and IVV have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DPST and IVV?
4.3% of DPST's money is in holdings IVV also owns. 0.3% of IVV's is in holdings DPST also owns. They hold 5 positions in common, counted across the 162 positions we hold weights for in DPST and 505 in IVV.
Which pays a higher dividend, DPST or IVV?
DPST yields 1.50% while IVV yields 1.10%, so DPST currently pays the higher dividend yield.
Is IVV better than DPST?
IVV has a lower expense ratio. DPST led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 38.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.