EZJ vs IVV
ProShares Ultra MSCI Japan vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EZJ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | EZJ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.17% | 0.03% | |
| AUM | $14M | $907.0B | |
| Dividend Yield | 1.93% | 1.10% | |
| Holdings | 8 | 508 | |
| YTD Return | +28.64% | +12.71% | |
| 1Y Return | +43.12% | +21.89% | |
| 3Y Return (annualized) | +29.62% | +22.08% | |
| 5Y Return (annualized) | +8.80% | +12.96% | |
| Volatility (annualized) | 28.6% | 15.1% | |
| Max Drawdown | -59.7% | -56.5% | |
| Fund Family | ProShares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 2, 2009 | May 15, 2000 |
EZJ vs IVV Performance
ProShares Ultra MSCI Japan (EZJ) 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 EZJ returned +43.12% while IVV returned +21.89%. Year to date, EZJ is up 28.64% versus a gain of 12.71% for IVV.
Over three years, EZJ compounded at +29.62% per year against +22.08% for IVV; over five years the annualized figures are +8.80% and +12.96% respectively. Across the full 17-year window we track, EZJ has the edge at +7.89% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EZJ has been the more volatile fund, with annualized monthly volatility of 28.6% 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 -59.7% for EZJ 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EZJ charges 1.17% per year while IVV charges 0.03%. On a $10,000 position that is $117 vs $3 annually, a gap of $114 per year that compounds over a long holding period. On income, EZJ currently yields 1.93% against 1.10% for IVV.
Holdings Overlap
EZJ and IVV share 0 holdings out of 507 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, EZJ or IVV?
EZJ has an expense ratio of 1.17% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $114 per year of difference.
Which performed better, EZJ or IVV?
Over the past year EZJ returned +43.12% vs +21.89% for IVV, so EZJ leads on 1-year performance. Over the longest common window we track (17 years), EZJ annualized +7.89% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, EZJ or IVV?
EZJ has been the more volatile fund at 28.6% annualized versus 15.1% for IVV. Worst drawdown: EZJ -59.7% vs IVV -56.5%.
Should I hold both EZJ and IVV?
EZJ and IVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EZJ and IVV?
EZJ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, EZJ or IVV?
EZJ yields 1.93% while IVV yields 1.10%, so EZJ currently pays the higher dividend yield.
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