FNGG vs IVV
Direxion Daily NYSE FANG+ Bull 2X ETF vs iShares Core S&P 500 ETF
Which is better, FNGG or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. FNGG led over 1Y and 3Y, IVV over 5Y and the full window.
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 | FNGG | IVV |
|---|---|---|
| Expense Ratio | 0.97% | 0.03%Best |
| AUM | $126M | $876.4B |
| Dividend Yield | 9.15% | 1.06% |
| Holdings | 18 | 508 |
| YTD Return | +29.99%Best | +11.57% |
| 1Y Return | +19.54%Best | +17.57% |
| 3Y Return (annualized) | +54.82%Best | +20.71% |
| 5Y Return (annualized) | +3.81% | +12.80%Best |
| Volatility (annualized) | 58.1% | 15.7%Best |
| Max Drawdown | -91.3% | -24.5%Best |
| $10,000 over 5 years | $12,056 | $18,262Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Sep 29, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Sep 10, 2026 (4.9 years).
FNGG 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 4.9 years both funds cover.
FNGG vs IVV Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) 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 FNGG returned +19.54% while IVV returned +17.57%. Year to date, FNGG is up 29.99% versus a gain of 11.57% for IVV.
Over three years, FNGG compounded at +54.82% per year against +20.71% for IVV; over five years the annualized figures are +3.81% and +12.80% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.1% compared with 15.7% 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 -91.3% for FNGG and -24.5% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNGG charges 0.97% per year while IVV charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, FNGG currently yields 9.15% against 1.06% for IVV.
Holdings Overlap
At least 34.9% of IVV's money is in holdings FNGG also owns.
Stated as a floor: for FNGG, our book for it covers 87.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
10 positions in common, counted across the 12 positions we hold weights for in FNGG and 505 in IVV, against full books of 18 and 508.
Top Shared Holdings
| Stock | Weight in FNGG | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 3.10% | 7.98% | 4.88% |
| AAPLApple, Inc | 3.13% | 6.86% | 3.73% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.89% | 5.44% | 1.55% |
| AMZNAmazon.Com Inc | 3.49% | 4.01% | 0.52% |
| GOOGLAlphabet A Usd 0.001 | 3.11% | 3.19% | 0.08% |
| AVGOBroadcom Inc | 3.18% | 2.98% | 0.20% |
| METAMeta Platforms, Inc. | 3.10% | 1.94% | 1.16% |
| PLTRPalantir Technologies Inc | 3.73% | 0.55% | 3.18% |
| MUMicron Technology, Inc. | 2.56% | 1.51% | 1.05% |
| NFLXNetflix, Inc. | 2.86% | 0.47% | 2.39% |
34.9% of IVV is already inside FNGG.
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, FNGG or IVV?
FNGG has an expense ratio of 0.97% while IVV charges 0.03%. IVV is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, FNGG or IVV?
Over the past year FNGG returned +19.54% vs +17.57% for IVV, so FNGG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNGG or IVV?
FNGG has been the more volatile fund at 58.1% annualized versus 15.7% for IVV. Worst drawdown: FNGG -91.3% vs IVV -24.5%.
Should I hold both FNGG and IVV?
FNGG and IVV have a monthly-return correlation of 0.76, 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 FNGG and IVV?
At least 34.9% of IVV's money is in holdings FNGG also owns. Our book for FNGG is partial, so the real figure is this or higher. They hold 10 positions in common, counted across the 12 positions we hold weights for in FNGG and 505 in IVV.
Which pays a higher dividend, FNGG or IVV?
FNGG yields 9.15% while IVV yields 1.06%, so FNGG currently pays the higher dividend yield.
Is IVV better than FNGG?
IVV has a lower expense ratio. FNGG led over 1Y and 3Y, IVV over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.