EDC vs IVV
Direxion Daily MSCI Emerging Markets Bull 3X ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EDC delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | EDC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.09% | 0.03% | |
| AUM | $168M | $907.0B | |
| Dividend Yield | 1.52% | 1.10% | |
| Holdings | 10 | 508 | |
| YTD Return | +26.70% | +12.96% | |
| 1Y Return | +73.45% | +20.70% | |
| 3Y Return (annualized) | +43.72% | +22.10% | |
| 5Y Return (annualized) | +0.39% | +13.40% | |
| Volatility (annualized) | 58.6% | 15.1% | |
| Max Drawdown | -92.9% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 17, 2008 | May 15, 2000 |
EDC vs IVV Performance
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) 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 EDC returned +73.45% while IVV returned +20.70%. Year to date, EDC is up 26.70% versus a gain of 12.96% for IVV.
Over three years, EDC compounded at +43.72% per year against +22.10% for IVV; over five years the annualized figures are +0.39% and +13.40% respectively. Across the full 18-year window we track, IVV has the edge at +7.01% annualized vs -0.92%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDC has been the more volatile fund, with annualized monthly volatility of 58.6% 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 -92.9% for EDC 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
EDC charges 1.09% per year while IVV charges 0.03%. On a $10,000 position that is $109 vs $3 annually, a gap of $106 per year that compounds over a long holding period. On income, EDC currently yields 1.52% against 1.10% for IVV.
Holdings Overlap
EDC and IVV share 0 holdings out of 509 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, EDC or IVV?
EDC has an expense ratio of 1.09% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $106 per year of difference.
Which performed better, EDC or IVV?
Over the past year EDC returned +73.45% vs +20.70% for IVV, so EDC leads on 1-year performance. Over the longest common window we track (18 years), EDC annualized -0.92% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, EDC or IVV?
EDC has been the more volatile fund at 58.6% annualized versus 15.1% for IVV. Worst drawdown: EDC -92.9% vs IVV -56.5%.
Should I hold both EDC and IVV?
EDC 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 EDC and IVV?
EDC and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, EDC or IVV?
EDC yields 1.52% while IVV yields 1.10%, so EDC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.