DRN vs IVV
Direxion Daily Real Estate Bull 3X 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 | DRN | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.03% | |
| AUM | $47M | $907.0B | |
| Dividend Yield | 1.87% | 1.10% | |
| Holdings | 36 | 508 | |
| YTD Return | +30.81% | +13.22% | |
| 1Y Return | +18.64% | +21.62% | |
| 3Y Return (annualized) | +13.71% | +22.17% | |
| 5Y Return (annualized) | -11.88% | +13.42% | |
| Volatility (annualized) | 53.3% | 15.1% | |
| Max Drawdown | -86.3% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 16, 2009 | May 15, 2000 |
DRN vs IVV Performance
Direxion Daily Real Estate Bull 3X ETF (DRN) 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 DRN returned +18.64% while IVV returned +21.62%. Year to date, DRN is up 30.81% versus a gain of 13.22% for IVV.
Over three years, DRN compounded at +13.71% per year against +22.17% for IVV; over five years the annualized figures are -11.88% and +13.42% respectively. Across the full 17-year window we track, DRN has the edge at +11.75% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRN has been the more volatile fund, with annualized monthly volatility of 53.3% 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 -86.3% for DRN 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DRN charges 0.96% per year while IVV charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, DRN currently yields 1.87% against 1.10% for IVV.
Holdings Overlap
DRN and IVV share 31 holdings out of 507 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRN or IVV?
DRN has an expense ratio of 0.96% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, DRN or IVV?
Over the past year DRN returned +18.64% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (17 years), DRN annualized +11.75% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, DRN or IVV?
DRN has been the more volatile fund at 53.3% annualized versus 15.1% for IVV. Worst drawdown: DRN -86.3% vs IVV -56.5%.
Should I hold both DRN and IVV?
DRN and IVV have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRN and IVV?
DRN and IVV share 31 common holdings with a 1.9% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, DRN or IVV?
DRN yields 1.87% while IVV yields 1.10%, so DRN currently pays the higher dividend yield.
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