HOOG vs IVV
Leverage Shares 2X Long HOOD Daily ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HOOG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $57M | $865.2B | |
| Dividend Yield | 22.23% | 1.09% | |
| Holdings | 6 | 508 | |
| YTD Return | -55.17% | +13.72% | |
| 1Y Return | -64.42% | +21.64% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 145.5% | 15.1% | |
| Max Drawdown | -86.9% | -56.5% | |
| Fund Family | Leverage Shares | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 21, 2025 | May 15, 2000 |
HOOG vs IVV Performance
Leverage Shares 2X Long HOOD Daily ETF (HOOG) is a ETF from Leverage Shares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HOOG returned -64.42% while IVV returned +21.64%. Year to date, HOOG is down 55.17% versus a gain of 13.72% for IVV.
Risk: Volatility and Drawdowns
HOOG has been the more volatile fund, with annualized monthly volatility of 145.5% 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 -86.9% for HOOG 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HOOG charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, HOOG currently yields 22.23% against 1.09% for IVV.
Holdings Overlap
HOOG and IVV share 1 holdings out of 506 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HOOG | Weight in IVV | Difference |
|---|---|---|---|
| HOOD | 59.38% | 0.13% | 59.25% |
Frequently Asked Questions
Which is cheaper, HOOG or IVV?
HOOG has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, HOOG or IVV?
Over the past year HOOG returned -64.42% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), HOOG annualized +53.53% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, HOOG or IVV?
HOOG has been the more volatile fund at 145.5% annualized versus 15.1% for IVV. Worst drawdown: HOOG -86.9% vs IVV -56.5%.
Should I hold both HOOG and IVV?
HOOG and IVV have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HOOG and IVV?
HOOG and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, HOOG or IVV?
HOOG yields 22.23% while IVV yields 1.09%, so HOOG currently pays the higher dividend yield.
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