DRN vs IVV
Direxion Daily Real Estate Bull 3X ETF vs iShares Core S&P 500 ETF
Which is better, DRN or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 66.7%.
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 | DRN | IVV |
|---|---|---|
| Expense Ratio | 0.98% | 0.03%Best |
| AUM | $42M | $876.4B |
| Dividend Yield | 2.01% | 1.06% |
| Holdings | 36 | 508 |
| YTD Return | +16.68%Best | +12.24% |
| 1Y Return | +5.49% | +18.61%Best |
| 3Y Return (annualized) | +7.52% | +20.98%Best |
| 5Y Return (annualized) | -14.76% | +12.76%Best |
| Volatility (annualized) | 53.3% | 14.3%Best |
| Max Drawdown | -86.3% | -33.9%Best |
| $10,000 over 5 years | $4,500 | $18,230Best |
| Top 10 Weight | 66.7% | 37.9%Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Jul 16, 2009 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2009 to Sep 9, 2026 (17.1 years).
DRN 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 17.1 years both funds cover.
DRN vs IVV Performance
Direxion Daily Real Estate Bull 3X ETF (DRN) 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 DRN returned +5.49% while IVV returned +18.61%. Year to date, DRN is up 16.68% versus a gain of 12.24% for IVV.
Over three years, DRN compounded at +7.52% per year against +20.98% for IVV; over five years the annualized figures are -14.76% and +12.76% respectively. Across the full 17-year window we track, IVV has the edge at +13.49% annualized vs +10.97%.
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 14.3% 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 -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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DRN charges 0.98% per year while IVV charges 0.03%. On a $10,000 position that is $98 vs $3 annually, a gap of $95 per year that compounds over a long holding period. On income, DRN currently yields 2.01% against 1.06% for IVV.
Holdings Overlap
70.0% of DRN's money is in holdings IVV also owns. 1.9% of IVV's money is in holdings DRN also owns.
Most of DRN is already inside IVV. Owning both mostly buys the same companies twice.
31 positions in common, counted across the 33 positions we hold weights for in DRN and 505 in IVV, against full books of 36 and 508.
What only one of them owns
Our book lists 465 positions for IVV that do not appear in our book for DRN (97.6% of the fund), and 2 for DRN that do not appear in IVV (30.8%).
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.
Top Shared Holdings
| Stock | Weight in DRN | Weight in IVV | Difference |
|---|---|---|---|
| WELLWelltower Inc | 7.67% | 0.25% | 7.42% |
| PLDPrologis Inc | 6.08% | 0.20% | 5.88% |
| EQIXEquinix, Inc. | 4.87% | 0.16% | 4.71% |
| AMTAmerican Tower Corp | 3.83% | 0.12% | 3.71% |
| DLRDigital Realty Trust Inc. | 3.52% | 0.10% | 3.42% |
| SPGSimon Property Group Inc | 3.44% | 0.11% | 3.33% |
| PSAPublic Storage | 3.33% | 0.08% | 3.25% |
| ORealty Income Corp. | 3.15% | 0.09% | 3.06% |
| CBRECbre Group Inc. Class A | 3.13% | 0.07% | 3.06% |
| VTRVentas, Inc. | 3.13% | 0.07% | 3.06% |
70.0% of DRN is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DRN or IVV?
DRN has an expense ratio of 0.98% while IVV charges 0.03%. IVV is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, DRN or IVV?
Over the past year DRN returned +5.49% vs +18.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (17 years), DRN annualized +10.97% vs +13.49% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRN or IVV?
DRN has been the more volatile fund at 53.3% annualized versus 14.3% for IVV. Worst drawdown: DRN -86.3% vs IVV -33.9%.
Should I hold both DRN and IVV?
DRN and IVV have a monthly-return correlation of 0.71, 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 DRN and IVV?
70.0% of DRN's money is in holdings IVV also owns. 1.9% of IVV's is in holdings DRN also owns. They hold 31 positions in common, counted across the 33 positions we hold weights for in DRN and 505 in IVV.
Which pays a higher dividend, DRN or IVV?
DRN yields 2.01% while IVV yields 1.06%, so DRN currently pays the higher dividend yield.
Is IVV better than DRN?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 66.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.