HIBL vs IVV
Direxion Daily S&P 500 High Beta Bull 3X ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. HIBL delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | HIBL | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.03% | |
| AUM | $94M | $907.0B | |
| Dividend Yield | 1.61% | 1.10% | |
| Holdings | 108 | 508 | |
| YTD Return | +56.68% | +12.71% | |
| 1Y Return | +134.66% | +21.89% | |
| 3Y Return (annualized) | +52.30% | +22.08% | |
| 5Y Return (annualized) | +13.32% | +12.96% | |
| Volatility (annualized) | 88.7% | 15.1% | |
| Max Drawdown | -88.4% | -56.5% | |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 7, 2019 | May 15, 2000 |
HIBL vs IVV Performance
Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) is a ETF from Direxion Shares ETF Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HIBL returned +134.66% while IVV returned +21.89%. Year to date, HIBL is up 56.68% versus a gain of 12.71% for IVV.
Over three years, HIBL compounded at +52.30% per year against +22.08% for IVV; over five years the annualized figures are +13.32% and +12.96% respectively. Across the full 7-year window we track, HIBL has the edge at +18.31% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBL has been the more volatile fund, with annualized monthly volatility of 88.7% 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 -88.4% for HIBL 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HIBL charges 0.98% per year while IVV charges 0.03%. On a $10,000 position that is $98 vs $3 annually, a gap of $95 per year that compounds over a long holding period. On income, HIBL currently yields 1.61% against 1.10% for IVV.
Holdings Overlap
HIBL and IVV share 96 holdings out of 512 unique holdings combined, representing a 17.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HIBL or IVV?
HIBL has an expense ratio of 0.98% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, HIBL or IVV?
Over the past year HIBL returned +134.66% vs +21.89% for IVV, so HIBL leads on 1-year performance. Over the longest common window we track (7 years), HIBL annualized +18.31% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, HIBL or IVV?
HIBL has been the more volatile fund at 88.7% annualized versus 15.1% for IVV. Worst drawdown: HIBL -88.4% vs IVV -56.5%.
Should I hold both HIBL and IVV?
HIBL and IVV have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HIBL and IVV?
HIBL and IVV share 96 common holdings with a 17.4% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, HIBL or IVV?
HIBL yields 1.61% while IVV yields 1.10%, so HIBL currently pays the higher dividend yield.
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