DRIP vs IVV
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | DRIP | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.03% | |
| AUM | $106M | $886.7B | |
| Dividend Yield | 3.97% | 1.10% | |
| Holdings | 8 | 508 | |
| YTD Return | -61.26% | +12.64% | |
| 1Y Return | -60.13% | +20.92% | |
| 3Y Return (annualized) | -27.90% | +21.07% | |
| 5Y Return (annualized) | -46.20% | +12.62% | |
| Volatility (annualized) | 91.2% | 15.1% | |
| Max Drawdown | -100.0% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | May 28, 2015 | May 15, 2000 |
DRIP vs IVV Performance
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) is a ETF from Direxion Shares ETF Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DRIP returned -60.13% while IVV returned +20.92%. Year to date, DRIP is down 61.26% versus a gain of 12.64% for IVV.
Over three years, DRIP compounded at -27.90% per year against +21.07% for IVV; over five years the annualized figures are -46.20% and +12.62% respectively. Across the full 11-year window we track, IVV has the edge at +6.98% annualized vs -42.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRIP has been the more volatile fund, with annualized monthly volatility of 91.2% compared with 15.1% 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 -100.0% for DRIP and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DRIP charges 1.01% per year while IVV charges 0.03%. On a $10,000 position that is $101 vs $3 annually, a gap of $98 per year that compounds over a long holding period. On income, DRIP currently yields 3.97% against 1.10% for IVV.
Holdings Overlap
DRIP and IVV share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRIP or IVV?
DRIP has an expense ratio of 1.01% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, DRIP or IVV?
Over the past year DRIP returned -60.13% vs +20.92% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), DRIP annualized -42.06% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, DRIP or IVV?
DRIP has been the more volatile fund at 91.2% annualized versus 15.1% for IVV. Worst drawdown: DRIP -100.0% vs IVV -56.5%.
Should I hold both DRIP and IVV?
DRIP and IVV have a monthly-return correlation of -0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRIP and IVV?
DRIP and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, DRIP or IVV?
DRIP yields 3.97% while IVV yields 1.10%, so DRIP currently pays the higher dividend yield.
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