HIBL vs IVV
Direxion Daily S&P 500 High Beta Bull 3X ETF vs iShares Core S&P 500 ETF
Which is better, HIBL or IVV?
Trading-Leveraged Equity against Large Cap Blend.
IVV has a lower expense ratio. HIBL led over 1Y, 3Y and the full window, IVV over 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 46.2%.
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 | HIBL | IVV |
|---|---|---|
| Expense Ratio | 0.98% | 0.03%Best |
| AUM | $74M | $876.4B |
| Dividend Yield | 1.45% | 1.06% |
| Holdings | 108 | 508 |
| YTD Return | +37.67%Best | +12.01% |
| 1Y Return | +71.14%Best | +16.48% |
| 3Y Return (annualized) | +45.51%Best | +21.21% |
| 5Y Return (annualized) | +9.72% | +12.95%Best |
| Volatility (annualized) | 88.1% | 16.9%Best |
| Max Drawdown | -88.4% | -33.9%Best |
| $10,000 over 5 years | $15,901 | $18,384Best |
| Top 10 Weight | 46.2% | 37.8%Best |
| Fund Family | Direxion Shares ETF Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Nov 7, 2019 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Sep 14, 2026 (6.9 years).
HIBL 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 6.9 years both funds cover.
HIBL vs IVV Performance
Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) 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 HIBL returned +71.14% while IVV returned +16.48%. Year to date, HIBL is up 37.67% versus a gain of 12.01% for IVV.
Over three years, HIBL compounded at +45.51% per year against +21.21% for IVV; over five years the annualized figures are +9.72% and +12.95% respectively. Across the full 7-year window we track, HIBL has the edge at +15.91% annualized vs +15.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBL has been the more volatile fund, with annualized monthly volatility of 88.1% compared with 16.9% 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 -33.9% 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 0.86. 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 1.45% against 1.06% for IVV.
Holdings Overlap
59.2% of HIBL's money is in holdings IVV also owns. 36.0% of IVV's money is in holdings HIBL also owns.
The two portfolios partly overlap.
93 positions in common, counted across the 102 positions we hold weights for in HIBL and 490 in IVV, against full books of 108 and 508.
What only one of them owns
Our book lists 391 positions for IVV that do not appear in our book for HIBL (62.7% of the fund), and 6 for HIBL that do not appear in IVV (38.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HIBL | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.63% | 8.07% | 7.44% |
| AMZNAmazon.Com Inc | 0.49% | 3.84% | 3.35% |
| AVGOBroadcom Inc | 0.65% | 2.65% | 2.00% |
| GOOGAlphabet Inc | 0.45% | 2.39% | 1.94% |
| MUMicron Technology, Inc. | 1.18% | 1.63% | 0.45% |
| TSLATesla Inc | 0.82% | 1.56% | 0.74% |
| METAMeta Platforms Inc | 0.48% | 1.90% | 1.42% |
| AMDAdvanced Micro Devices Inc | 1.02% | 1.16% | 0.14% |
| SNDKSandisk Corp/De | 1.68% | 0.35% | 1.33% |
| LRCXLam Research Corp | 0.97% | 0.57% | 0.40% |
59.2% of HIBL is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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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, by $95 a year on a $10,000 investment.
Which performed better, HIBL or IVV?
Over the past year HIBL returned +71.14% vs +16.48% for IVV, so HIBL leads on 1-year performance. Over the longest common window we track (7 years), HIBL annualized +15.91% vs +15.36% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIBL or IVV?
HIBL has been the more volatile fund at 88.1% annualized versus 16.9% for IVV. Worst drawdown: HIBL -88.4% vs IVV -33.9%.
Should I hold both HIBL and IVV?
HIBL and IVV have a monthly-return correlation of 0.86, 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 HIBL and IVV?
59.2% of HIBL's money is in holdings IVV also owns. 36.0% of IVV's is in holdings HIBL also owns. They hold 93 positions in common, counted across the 102 positions we hold weights for in HIBL and 490 in IVV.
Which pays a higher dividend, HIBL or IVV?
HIBL yields 1.45% while IVV yields 1.06%, so HIBL currently pays the higher dividend yield.
Is IVV better than HIBL?
IVV has a lower expense ratio. HIBL led over 1Y, 3Y and the full window, IVV over 5Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.