GLGG vs IVV
Leverage Shares 2X Long GLXY Daily ETF vs iShares Core S&P 500 ETF
Which is better, GLGG or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y 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 | GLGG | IVV |
|---|---|---|
| Expense Ratio | 0.76% | 0.03%Best |
| AUM | $2M | $896.5B |
| Dividend Yield | 0.00% | 1.10% |
| Holdings | 12 | 508 |
| Volatility (annualized) | 183.5% | 12.4%Best |
| Max Drawdown | -95.4% | -8.9%Best |
| $10,000 over 1.2 years | $1,215 | $12,319Best |
| Fund Family | Leverage Shares | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Aug 21, 2025 | May 15, 2000 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 15 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GLGG has data through Oct 19, 2026 and IVV through Nov 3, 2026.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 21, 2025 to Oct 19, 2026 (1.2 years).
Risk: Volatility and Drawdowns
GLGG has been the more volatile fund, with annualized monthly volatility of 183.5% compared with 12.4% 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 -95.4% for GLGG and -8.9% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GLGG charges 0.76% per year while IVV charges 0.03%. On a $10,000 position that is $76 vs $3 annually, a gap of $73 per year that compounds over a long holding period. On income, GLGG currently yields 0.00% against 1.10% for IVV.
You are not choosing between two funds in isolation.
Whichever of GLGG and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GLGG or IVV?
GLGG has an expense ratio of 0.76% while IVV charges 0.03%. IVV is the cheaper option, by $73 a year on a $10,000 investment.
Which is riskier, GLGG or IVV?
GLGG has been the more volatile fund at 183.5% annualized versus 12.4% for IVV. Worst drawdown: GLGG -95.4% vs IVV -8.9%.
Should I hold both GLGG and IVV?
GLGG and IVV have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GLGG or IVV?
GLGG yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than GLGG?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.