ETHD vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricETHDIVVWinner
Expense Ratio0.99%0.03%
AUM$46M$865.2B
Dividend Yield2.58%1.09%
Holdings4508
YTD Return+31.86%+13.80%
1Y Return+11.70%+23.70%
3Y Return (annualized)-+21.49%
5Y Return (annualized)-+13.43%
Volatility (annualized)126.6%15.1%
Max Drawdown-95.6%-56.5%
Fund FamilyProSharesiShares by BlackRock (US)
CategoryAlternativeEquity
InceptionJun 7, 2024May 15, 2000

ETHD vs IVV Performance

ProShares UltraShort Ether ETF (ETHD) 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 ETHD returned +11.70% while IVV returned +23.70%. Year to date, ETHD is up 31.86% versus a gain of 13.80% for IVV.

Risk: Volatility and Drawdowns

ETHD has been the more volatile fund, with annualized monthly volatility of 126.6% 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 -95.6% for ETHD 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 -0.38. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ETHD charges 0.99% per year while IVV charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, ETHD currently yields 2.58% against 1.09% for IVV.

Frequently Asked Questions

Which is cheaper, ETHD or IVV?

ETHD has an expense ratio of 0.99% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $96 per year of difference.

Which performed better, ETHD or IVV?

Over the past year ETHD returned +11.70% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), ETHD annualized -54.05% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, ETHD or IVV?

ETHD has been the more volatile fund at 126.6% annualized versus 15.1% for IVV. Worst drawdown: ETHD -95.6% vs IVV -56.5%.

Should I hold both ETHD and IVV?

ETHD and IVV have a monthly-return correlation of -0.38, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, ETHD or IVV?

ETHD yields 2.58% while IVV yields 1.09%, so ETHD currently pays the higher dividend yield.

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