EEV vs IVV
ProShares UltraShort MSCI Emerging Markets 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 505 holdings.
Side-by-Side Comparison
| Metric | EEV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $3M | $865.2B | |
| Dividend Yield | 8.08% | 1.09% | |
| Holdings | 6 | 508 | |
| YTD Return | -34.84% | +13.80% | |
| 1Y Return | -50.21% | +23.70% | |
| 3Y Return (annualized) | -32.29% | +21.49% | |
| 5Y Return (annualized) | -16.58% | +13.43% | |
| Volatility (annualized) | 37.5% | 15.1% | |
| Max Drawdown | -99.9% | -56.5% | |
| Fund Family | ProShares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 30, 2007 | May 15, 2000 |
EEV vs IVV Performance
ProShares UltraShort MSCI Emerging Markets (EEV) is a ETF from ProShares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EEV returned -50.21% while IVV returned +23.70%. Year to date, EEV is down 34.84% versus a gain of 13.80% for IVV.
Over three years, EEV compounded at -32.29% per year against +21.49% for IVV; over five years the annualized figures are -16.58% and +13.43% respectively. Across the full 19-year window we track, IVV has the edge at +7.05% annualized vs -25.89%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EEV has been the more volatile fund, with annualized monthly volatility of 37.5% 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 -99.9% for EEV 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 -0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EEV charges 0.95% per year while IVV charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, EEV currently yields 8.08% against 1.09% for IVV.
Holdings Overlap
EEV and IVV share 0 holdings out of 506 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, EEV or IVV?
EEV has an expense ratio of 0.95% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, EEV or IVV?
Over the past year EEV returned -50.21% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), EEV annualized -25.89% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, EEV or IVV?
EEV has been the more volatile fund at 37.5% annualized versus 15.1% for IVV. Worst drawdown: EEV -99.9% vs IVV -56.5%.
Should I hold both EEV and IVV?
EEV and IVV have a monthly-return correlation of -0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EEV and IVV?
EEV and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, EEV or IVV?
EEV yields 8.08% while IVV yields 1.09%, so EEV 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.